Publication Date: 2024/01/20
Abstract: This paper aimed to assess financing of agricultural value chain with emphasis in mechanization in relation to farmers’ socioeconomic factors .Primary and secondary data were collected from Rahad Irrigated Scheme by structured questionnaire. Stratified random sampling, descriptive statistical analysis and chi-square test to examine the association between variables were followed. The results showed that finance was the main obstacle to adopt recommended technical packages for 53.4% of the surveyed farmers .Informal sector was more prevailing than formal one There was a significant relationship (p=0.03) between technical package used and finance source. There was a very high significant relation (p=0.009) between gender and finance source. It was a highly significant relationship (p=0.01) between additional job and the annual income. There was a significant relationship (p= 0.03) between gender and finance mode and Murabahah which is an Islamic commercial mode was dominant in financing.
Keywords: Agricultural Value Chain, Finance, Mechanization, Rahad Scheme, Informal Sector.
DOI: https://doi.org/10.5281/zenodo.10539140
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT24JAN494.pdf
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