Social Capital and Access to Credit among Cocoa Farmers in Nigeria

Credit for rural smallholders, especially in agriculture, is assuming increasing importance in many parts of the world in response to the needs of less privileged entrepreneurs with limited capital base in the sector. Cocoa farmers are discouraged and crowded out of the formal credit market of getting bank loans because of their lack of physical collaterals. There is growing evidence that social capital is an element of sustainable development in literatures. This book reports on empirically determined impact of social capital on credit access by cocoa farming households and gives indication on what policy recommendations are necessary to improve credit access, financial strength and social capital wealth of (cocoa) farmers in Nigeria.This book is recommended for policy makers, researchers and students of higher institutions of learning as a reference on social capital and access to credit for cocoa farming and other farming enterprises for adequate access to credit, sustainable production and livelihood.

Autorentext

Justina holds M.Phil and M.Sc Degrees(Agricultural Economics)from the University of Ibadan, Nigeria and B.Agric degree (Agriculture) from the University of Agriculture,Abeokuta,Nigeria.Her research expertiseareAgribusiness,Financial Management and Welfare Economics.She is currently a Principal Research Officer at Cocoa Research Institute of Nigeria.