Boosting loan amounts increases agricultural micro-credit repayment rates in Nigeria
The study looked at what factors affect farmers repaying their small loans in Nigeria. They found that farmers who got more money were more likely to pay it back. Most farmers said short loan terms, high interest rates, and loan periods made it hard to get loans. To help farmers repay loans, the study suggests analyzing their financial needs better, using long-term funds like pension money, and giving loans through farmer groups.