Evaluation of the operational performance of the Nigerian agricultural cooperatives and rural Development bank (nacrdb) in cross river state

Abstract

This study examined the performance of farmers in Nigerian Agricultural Cooperative and Rural Development Bank (NACRD5. in terms of repayment in Cross River State. Specifically the study analyzed lending and loan characteristics, constrants to repayment, repayment performance and compare repayment between crop and poultry farmers. Purposive and random sampling procedures were used to select 270 respondents using both primary and secondary data to accomplish the objectives. Data analyses included the use of mean, frequencies, percentages and the t-test. The study showed that the institution considered was characterized by untimely delivery of loan owing to complicated. Cumbersome and time consuming procedures in loan processing/ approval decision and amount of loan disbursed. The comparison between crop and poultry producers revealed that crop producers repaid their loan more than their poultry counterparts. The study recommended that timely disbursement policies that increase the accessibility of farmers to loan should be adopted and this would be an effective measure to aid flow of funds into the agricultural sector.