Journal of Agriculture and Social Research (JASR)

The AJOL site is currently undergoing a major upgrade, and there will temporarily be some restrictions to the available functionality.
-- Users will not be able to register or log in during this period.
-- Full text (PDF) downloads of Open Access journal articles will be available as always.
-- Full text (PDF) downloads of subscription based journal articles will NOT be available
We apologise for any inconvenience caused. Please check back soon, as we will revert to usual policy as soon as possible.

Determinants of savings among small-scale food crop farmers in Owerri West Local Government Area of Imo State, Nigeria

I.J. Uhuegbulem, A Henri-Ukoha, M.N. Osuji, I.I. Ukoha, I.O. Oshaji


The study on the Determinants of savings among small scale farmers was conducted in Owerri West Local Government Area of Imo State. A multi-stage random sampling technique was used to select 110 small scale farmers. Data were analyzed with the use of descriptive statistics and the multiple linear regression analysis. The study showed that the mean age of farmers in the study area was 47.7years and that majority (78%) of the farmers were married with mean household size of 6 persons. Majority (45.4%) of the farmers had attained primary education and had mean farm sizes of 1.57 hectares. The result of the multiple regression analysis showed that farm size and income had a significant positive influence on the farmers volume of savings while, household size and distance to financial institutions had a significant negative influence on the farmers volume of savings. The main constraints to the small scale farmer’s inability to save are inadequate income, lack of access to credit facilities and delays and congestion in bank halls. The study recommended that Government, stakeholders and policy makers should provide incentives in the form of short and medium term loans to enhance the productivity and income levels of the small scale food crop farmers.

Keywords: Savings, Small scale farmers and Income

AJOL African Journals Online