DETERMINANTS OF FORMAL CREDIT ACCESSIBILITY OF VIETNAMESE FARMERS: A CASE STUDY INDAK NONG PROVINCE.

Authors

  • Nguyen Van

Keywords:

Dak Nong, credit accessibility, farmers, Tay Nguyen.

Abstract

Famers are facing a credit constrain which limit them to reinvest on their farming activities. In this context, formal credit plays a major role in their production. This study employs mixed methodology including quantitative and qualitative analysis. Theoretical models have been tested by using analysis of reliability Cronbach’s Alpha, EFA factor analysis, and multiple linear regression analysis. The findings suggest eight factors which significantly impact the accessibility to credit of farmers in Dak Nong province. Asset ownership appears to be an important factor as collateral for their loan applications.

Downloads

Download data is not yet available.

References

Anjani Kumar, Dhiraj K. Singh and Prabhat Kumar(2007), Performance of Rural Credit and Factors Affecting the Choice of Credit Sources. India. Journal of Agriculture Economics, Vol.62, No.3, July-Sept. 2007

Beck T, la Torre (2006). The Basic Analytics of Access to Financial Services, Paper Presented at the Latin American Regional Study on Access to Finance, World Bank, Washington D.C.

Fleising Fleising H, De la pena N. (2003). Legal and Regulatory Requirements for Effective Rural Financial Markets, Paper for Paving the Way Forwards: an International Conference on Best Practice in Rural Finance. Washington D.C. pp. 12-16.

Gale, F., Lohmar, B. and Tuan, F. (2005) China’s new farm subsidies. The Economic Research Service Electronic Outlook Report WRS-05-01. United States Department of Agriculture (USDA). Available at http://chinese.hongkong.usconsulate.gov/uploads/imag es/G3YqRBpWgqBIVX0ef2Kqvg/uscn_t_usda_2005w rs0501.pdf

Green SB (1991), How many subjects does it take to do a regression analysis?, Muiltivariate Behavioral Research, 26(3),499-510.

Hair JF, Black Wc, Babin BJ, Anderson RE, & Tatham RL (2006), Multivariate data analysis, 6th ed , Upper saddle river NJ: Prentice – Hall.

Hoang Trong, Chu Nguyen Mong Ngoc (2008), Research data analysis with SPSS, Hong Duc Publishing House.

Kaino T (2005). Rural Credit Market in Myanmar: A Study of Formal and Non-formal Lenders. Asian. J. Agric. Devel. 4(1):3-15.

Do Tat Ngoc(2006), Bank credit for household economy in Vietnam, Labor Publishing House, Hanoi.

Okurut, F. N. (2006) Access to credit by the poor in South Africa: evidence from household survey data 1995 and 2000. University of Stellenbosch Working Papers 13/06.

Olayide S, Eweka A, Osagie B.(1980),Nigeria’s Small Farmer: Problems and Prospects in Integrated Rural Development. Centre for Agricultural research In Development, University of Ibadan, Nigeria

Report (2018), Result of credit for production households and individuals in 2017; targets and solutions for 2018, of Agribank Dak Nong.

Report (2019), Result of credit for producers and individuals in 2018; targets and solutions for 2019, of Agribank Dak Nong.

Report (2020), Result of credit for production households and individuals in 2019; targets and solutions for implementation in 2020, of Agribank Dak Nong.

Saifullahi Sani Ibrahim and Haruna Mohammed Aliero (2012), An analysis of farmers’ access to formal credit in the rural areas of Nigeria. African Journal of Agricultural Research Vol. 7(47), pp. 6249-6253, 13

Sacerdot E (2005). Access to Bank Credit in Sub-Saharan Africa: Key Issues and Reform Strategies. IMF Working WP/05(166):3-22.

Nguyen Dinh Tho (2011), Research methods in business, Labor Publishing House.

Dao The Tuan (1997), Farmer's Economy, National Political Publishing House.

Xia Li, Christopher Gan, Baiding Hu (2011), Accessibility to microcredit by Chinese rural households, Journal of Asian Economics, Volume 22, Issue 3, June 2011, Pages 235-246.

ZamanZaman H (1999). Assessing the Poverty and Vulnerability Impact of Micro-Credit in Bangladesh: a Case Study of BRAC. Policy Research Dissemination Center 2145:2-7, 1-50.

Downloads

Published

2021-10-30

How to Cite

Van, N. . (2021). DETERMINANTS OF FORMAL CREDIT ACCESSIBILITY OF VIETNAMESE FARMERS: A CASE STUDY INDAK NONG PROVINCE. The Journal of Contemporary Issues in Business and Government, 27(5), 1340–1350. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2066

Issue

Vol. 27 No. 5 (2021): The journal of contemporary issues in business and government

Section

Articles

License

You are free to:

  1. Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
  2. Adapt — remix, transform, and build upon the material for any purpose, even commercially.
  3. The licensor cannot revoke these freedoms as long as you follow the license terms.

Under the following terms:

  1. Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  2. No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

Notices:

You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .

No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.