Improving smallholder loan repayment in Nigeria through key determinants.
Poor loan repayment is a big issue for small farmers in Nigeria. A study looked at why this happens and found four main reasons. First, how and when the loan is given out is important. Second, how often credit officers check in on the farmers matters. Third, the success of the farm business affects repayment. By managing these factors well, farmers can improve their loan repayment rates.