Determinants of institutional credit repayment performance among farmers in Afikpo North LGA of Ebonyi state, Nigeria

Utilization and repayment of borrowed agricultural funds has been one of the numerous ofagricultural development in the developing world and Nigeria is no exception. As such, this studydelved into the determinants of loan repayment performance among farmers in Afikpo North LocalGovernment Area (LGA) of Ebonyi State, Nigeria. The study employed purposive sampling techniquein the selection of location and respondents. A sample of 100 small holder agricultural loanbeneficiaries from Nigeria Agricultural Cooperative and Rural Development Bank (NACRDB) served asrespondents for the study. A set of pretested and structured questionnaire was used to elicit data andinformation from the respondents. Data were analyzed using discriminant analysis. The discriminantfunction analysis result showed that 72% of the beneficiaries were operating performing loans while28% were non-performing loan beneficiaries. On the basis of the results, the study suggestedextensive loan periods and adoption of income support measures as panacea for efficient creditdelivery and utilization among farmers.