To determine the extent to which capital financing affects the productivity of seed maize growers in Trans Nzoia County, we gathered data from a sample of 31 seed maize growers, 12 employees of the seed maize production department and 10 employees of the finance department. The study was guided by the theory of social capital, theory of signaling credit risk in agriculture and farm businesses and capital structure theory. This study utilized a descriptive survey research design. The study found out that seed maize growers face high interest rates on credit facilities and a myriad challenges while accessing credit from Kenya Seed Company. The findings of the study are expected to help in the improvement on access to credit by seed maize farmers. A further detailed study is needed on the effect of seed maize growers’ financing by Kenya Seed Company on productivity levels at the regional and possibly the national level.
Adejoh, S. D. (2009). Analysis of Production Efficiency and Profitability Of Yam-Based Production Systems In Ijunmu LGA of Kogi State. Msc Thesis Department of Agricultural Economics And Extension, Ahmadu-Bello University, Zaria.
Adeyemo, R. J., Oke, T. O., & Akinola, A. A., (2010). Economic Efficiency of Small Scale Farmers In Ogun State, Nigeria. Tropicultura 28(2).
Amos, T. T, Chikwendu, D. O, & Nmadu, J. N., (2004). Productivity, technical efficiency and cropping patterns in the savanna zone of Nigeria. J. Food Agric. Environ. 2: 173-176.
Appleton, S. & Balihuta, A. (1996: 307 – 487). Education and Agricultural Productivity: Evidence from Uganda. Journal of International Development, 8 (3).
Balogun, E. D, (1990). Banking and Credit Facilities for Integrated Rural Development; Paper presented at the National Seminar on Rural Development Policy in Nigeria, Sheraton Hotel, Abuja.
Borg, W. R, Gall, M. D., & Gall, J. P. (2003). Educational Research - An Introduction, New York: Longman.
FAO, (2004). ‘Towards effective and sustainable seed relief services’ FAO Plant Production and Protection Paper 181.
Fasoranti, M. M, (2006). “A Stochastic Frontier Analysis of Effectiveness Of Cassava-Based Cropping Systems In Ondo State, Nigeria.” Phd Thesis, Department of Agricultural Economics and Extension, FUTA, Akure.
Goetz, A. and Gupta, S. (2009). Who Takes the Credit? Gender, Power, and Control over Loan Use in Rural Credit programs in Bangladesh. World Development, 24(1): 45-63.
Ijere, M. O. (1998). Agricultural Credit and Economic Development. In: Ijere, M.O. and Okories, A. (eds), Reading in Agricultural Finance, Longman, Lagos, pp. 4 – 9.
Jayne, T. S, Yamano, T., Nyoro, J. and Awour T. (2001) “Do Farmers Really Benefit From High Food Prices Balance Rural Interests in Kenya’s Maize Pricing and Marketing Policy.” Working Paper 2b, Tegemeo Institute, Nairobi, Kenya.
Nyoro, J., Kirimi, L and Jayne, T. S. (2004), “Competitiveness of Kenyan and Ugandan maize production: Challenges for the future”,Working Paper 10, Egerton University, Tegemeo Institute, Nairobi.
Oladeebo, J. O., (2006). “Economic Efficiency of Rain-Fed Upland Rice Production in Osun and Oyo States of Nigeria.” Phd Thesis Department of Agricultural Economics and Extension, FUTA, Akure.
Oluwatosin, F. M. (2011). “Measuring Technical Efficiency Of Yam Farmers In Nigeria: A Stochastic Parametric Approach.” Agricultural Journals 6(2).
Owour, G., De Groote & Wangia, M., (2001). Impact of self-help groups credit on input use in maize production in Siaya, Kenya. Seventh eastern and Southern Africa Regional Maize Conference. 11th – 15th February, Pp 407-412.
Oyatoye, E.T.O., (1981). Financing Small Scale Farmers: A Change of Strategy, In: Edordu (Ed), Agricultural Credit and Finance in Nigeria, Problems and Prospects. Proceedings of a Seminar Organized by the Central Bank of Nigeria, April 27-30.
Peke, O. R., (2008). “Economic Analysis of Food Crop Farming Under Ekiti State ADP.” Msc Thesis, Department of Agricultural Economics And Extension, FUTA, Akure.
Saboor, A, Maqsood., H., & Madiha, M., (2009), ?Impact of micro credit in alleviating poverty: An Insight from rural Rawalpindi, Pakistan,? Pak. j. life soc. sci. (2009), 7(1): Pp90-97.
Siddiqi, M., Wasif M., Baluch K. N., (2004), ? Institutional credit: A policy tool for enhancement of agricultural income of Pakistan. International Research Journal of Arts & Humanities (IRJAH) Vol. 37
Zuberi, H.A (1989), ?Production function, institutional credit and agriculture development in Pakistan”. The Pakistan Development Review 28:1Pakistan Institute of Development Economics, Islamabad
Copyright: © 2014 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode