Abstract
The main objective of this paper is to investigate farm loan repayment problems among beneficiaries of the loan schemes of the Ondo State Agricultural Credit Corporation and the Ogun State Agricultural Development Corporation. Data for the study were collected from a sample of eighty-five respondents in Ondo State and seventy-two small-scale farmers in Ogun State. Among the issues investigated were the magnitude and purposes of the loans borrowed, the uses of the loans and repayments to date. The rate of farmers' loan delinquency was measured and the main causes of delinquency of the borrowers were identified.
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