Economics, Econometrics and Finance
4 years ago

Agricultural loan factors impacting repayment and constraints in Cameroon revealed.

Global Economics Review
CORRELATES AND CONSTRAINTS OF EFFECTIVE AGRICULTURAL LOAN REPAYMENT IN CAMEROON
Mbu Daniel Tambi

Paper Summary

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The study looked at factors affecting agricultural loan repayment in Cameroon. They found that factors like farm production, training, farm size, gender of household head, marital status, interest rate, and loan duration all influence loan repayment. Constraints include lack of funds, high farm expenses, and interference in loan approval. To improve loan repayment, specialized structures for agricultural loans and lower interest rates are recommended.