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FUNDING STATUS OF SMALL SCALE POULTRY AGRIBUSINESS FIRMS AND THE NEED FOR STRATEGIC BAILOUT MECHANISMS

Yıl 2018, Cilt: 1 Sayı: 1, 1 - 6, 31.07.2018

Öz






Financial
intervention programme requires information on farm’s financial capacity. Yet
there is dearth of empirical information on the fund security status of small
scale poultry agribusiness to warrant a bailout intervention. This study was
carried to ascertain the financial capacity, financial security baseline and
fund security gap/shortfall of poultry farms so as to make advocacy for a
bailout intervention.
A
total of 280 small scale poultry farmers were randomly selected, and studied.
Primary data were collected from respondents with the aid of structured
questionnaire. Descriptive statistics (mean, percentage and frequency
distribution) and logit model were used in the analysis of data.
The result of the study showed that about
20% of the small scale poultry were fund secured, while 80% had fund capacity
(N519, 238) that is below the fund security threshold (NI,000,000). The result
revealed that majority depended on meager personal savings and cooperative
loans as sources of financial capital.
The
variables that had positive and significant (P<0.05) relationship with fund
security in the model were operator’s educational attainment, age of the farm,
retained earnings, membership of credit associations and volume of loan
obtained. Family withdrawals, had significant and negative relationship
(P<0.05) fund security status of poultry farms. It was recommended that
there should be adequate and timely release of financial interventions through
loan-able funds and grants by relevant financial institutions that will save
the poultry farms from fund insecurity.






Kaynakça

  • 1. Achoja, F.O. (2011). Growth and survival of small scale Agribusiness firms in Delta State, Nigeria in Agricultura Et Subtropica vol.44(3)
  • 2. Adjan, O.D. (2009). Estimation of Fund Security Status of Small Scale Poultry Fanners in Ughelli- North L.G.A of Delta State. Unpublished B. Agric project work, Department of Agricultural Economics, Delta State University, Asaba Campus. Pp.2-4.
  • 3. Akanni, R.A. (2007). Effect of Microfinance on Small Scale Poultry Business in South Western Nigeria, Emirate Journal of food and Agriculture 19(20).
  • 4. Bamire, A.S. & Ola, A.O. (2004). Determinants of Poultry Manure use in small-holder land Management Decision in the Rain Forest Zone of Osun State, Nigeria, The Ogun Journal of Agricultural Sciences, 3(1) pp 1-12.
  • 5. Oboth, G.A.T. (2003). Financing Poultry Production in Nigeria; The Role of Commercial Banks, pp37 Ogun State: Poultry Association of Nigeria.
  • 6. Ojo, S.O. (2003). Productivity and Technical Efficiency of Poultry Egg Production in Nigeria, International Journal of Poultry Sciences, 92(6): 459-464.
  • 7. Oluboyode, A. (2007). Working Capital and Liquidity Position, The Nigerian Accounts 40(3).
  • 8. Oroke, O.S. (2008). Economic Analysis of Financing poultry farms in Delta Central Agricultures Zone of Delta State. An unpublished B.Agric project work. Department of Agricultural Economics, Delta State University, Asaba Campus.
  • 9. Prindyck, B. & Rubinfed, D. (1981). Econometric Model and Economic Forecasts, 2nd Edition, New York McGraw Hill Book Company.
  • 10. Von Blockland, P.J. (2003). Introducing farm Business Analysis 1, IFAS Extension Circular 655, university of Florida, U.S.A, pp. 1-9.
Yıl 2018, Cilt: 1 Sayı: 1, 1 - 6, 31.07.2018

Öz

Kaynakça

  • 1. Achoja, F.O. (2011). Growth and survival of small scale Agribusiness firms in Delta State, Nigeria in Agricultura Et Subtropica vol.44(3)
  • 2. Adjan, O.D. (2009). Estimation of Fund Security Status of Small Scale Poultry Fanners in Ughelli- North L.G.A of Delta State. Unpublished B. Agric project work, Department of Agricultural Economics, Delta State University, Asaba Campus. Pp.2-4.
  • 3. Akanni, R.A. (2007). Effect of Microfinance on Small Scale Poultry Business in South Western Nigeria, Emirate Journal of food and Agriculture 19(20).
  • 4. Bamire, A.S. & Ola, A.O. (2004). Determinants of Poultry Manure use in small-holder land Management Decision in the Rain Forest Zone of Osun State, Nigeria, The Ogun Journal of Agricultural Sciences, 3(1) pp 1-12.
  • 5. Oboth, G.A.T. (2003). Financing Poultry Production in Nigeria; The Role of Commercial Banks, pp37 Ogun State: Poultry Association of Nigeria.
  • 6. Ojo, S.O. (2003). Productivity and Technical Efficiency of Poultry Egg Production in Nigeria, International Journal of Poultry Sciences, 92(6): 459-464.
  • 7. Oluboyode, A. (2007). Working Capital and Liquidity Position, The Nigerian Accounts 40(3).
  • 8. Oroke, O.S. (2008). Economic Analysis of Financing poultry farms in Delta Central Agricultures Zone of Delta State. An unpublished B.Agric project work. Department of Agricultural Economics, Delta State University, Asaba Campus.
  • 9. Prindyck, B. & Rubinfed, D. (1981). Econometric Model and Economic Forecasts, 2nd Edition, New York McGraw Hill Book Company.
  • 10. Von Blockland, P.J. (2003). Introducing farm Business Analysis 1, IFAS Extension Circular 655, university of Florida, U.S.A, pp. 1-9.
Toplam 10 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular Ziraat Mühendisliği
Bölüm Makaleler
Yazarlar

Felix Odemero Bu kişi benim

Yayımlanma Tarihi 31 Temmuz 2018
Yayımlandığı Sayı Yıl 2018 Cilt: 1 Sayı: 1

Kaynak Göster

APA Odemero, F. (2018). FUNDING STATUS OF SMALL SCALE POULTRY AGRIBUSINESS FIRMS AND THE NEED FOR STRATEGIC BAILOUT MECHANISMS. Bartın University International Journal of Natural and Applied Sciences, 1(1), 1-6.
AMA Odemero F. FUNDING STATUS OF SMALL SCALE POULTRY AGRIBUSINESS FIRMS AND THE NEED FOR STRATEGIC BAILOUT MECHANISMS. JONAS. Temmuz 2018;1(1):1-6.
Chicago Odemero, Felix. “FUNDING STATUS OF SMALL SCALE POULTRY AGRIBUSINESS FIRMS AND THE NEED FOR STRATEGIC BAILOUT MECHANISMS”. Bartın University International Journal of Natural and Applied Sciences 1, sy. 1 (Temmuz 2018): 1-6.
EndNote Odemero F (01 Temmuz 2018) FUNDING STATUS OF SMALL SCALE POULTRY AGRIBUSINESS FIRMS AND THE NEED FOR STRATEGIC BAILOUT MECHANISMS. Bartın University International Journal of Natural and Applied Sciences 1 1 1–6.
IEEE F. Odemero, “FUNDING STATUS OF SMALL SCALE POULTRY AGRIBUSINESS FIRMS AND THE NEED FOR STRATEGIC BAILOUT MECHANISMS”, JONAS, c. 1, sy. 1, ss. 1–6, 2018.
ISNAD Odemero, Felix. “FUNDING STATUS OF SMALL SCALE POULTRY AGRIBUSINESS FIRMS AND THE NEED FOR STRATEGIC BAILOUT MECHANISMS”. Bartın University International Journal of Natural and Applied Sciences 1/1 (Temmuz 2018), 1-6.
JAMA Odemero F. FUNDING STATUS OF SMALL SCALE POULTRY AGRIBUSINESS FIRMS AND THE NEED FOR STRATEGIC BAILOUT MECHANISMS. JONAS. 2018;1:1–6.
MLA Odemero, Felix. “FUNDING STATUS OF SMALL SCALE POULTRY AGRIBUSINESS FIRMS AND THE NEED FOR STRATEGIC BAILOUT MECHANISMS”. Bartın University International Journal of Natural and Applied Sciences, c. 1, sy. 1, 2018, ss. 1-6.
Vancouver Odemero F. FUNDING STATUS OF SMALL SCALE POULTRY AGRIBUSINESS FIRMS AND THE NEED FOR STRATEGIC BAILOUT MECHANISMS. JONAS. 2018;1(1):1-6.