Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa

Laura Vedasto Ndibalema; Damas Philip

doi:doi:10.11648/j.ijae.20230803.11

| Peer-Reviewed

Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa

Laura Vedasto Ndibalema, Damas Philip

Published in International Journal of Agricultural Economics (Volume 8, Issue 3)

Received: 6 March 2023 Accepted: 1 April 2023 Published: 10 May 2023

Views: Downloads:

Download PDF

Share This Article

Twitter
Linked In
Facebook

Abstract

Sub-Saharan Africa's smallholder farming structures are primarily distinguished by consistently poor crop productivity levels. Despite smallholder farmers' output being low, Tanzania has spent the last few decades changing its agricultural policy to make financial inclusion more beneficial and accessible to farmers. In this essay, the level of financial inclusion among tomato smallholder farmers in the Kilolo District will be discussed, along with the effectiveness of service provision and factors that contribute to financial inclusion. The current study used a cross-sectional research methodology in which 199 smallholder tomato producers provided data on a standardized questionnaire all at once. Quantitative information on financial services' quality and accessibility was examined using descriptive analysis. Logical multinomial In order to ascertain which level of financial inclusion was most likely for a tomato farmer, regression analysis was conducted. The degree of financial inclusion of tomato smallholder farmers was assessed using multiple response analysis, and the effectiveness of the services provided was assessed using a Likert scale. The findings of financial inclusion showed that more than half of the farmers (58.3%) had access to financial services. According to the study, financial institutions predominately offer savings and money transfer services. Additionally, among tomato smallholder farmers, the degree of financial inclusion was significantly influenced by the household age, sex, educational attainment, and income of the head of the family. It is advised that the government adopt policies that emphasize providing financial services to many rural areas and teaching farmers about the significance of financial inclusion in farming.

Published in	International Journal of Agricultural Economics (Volume 8, Issue 3)
DOI	10.11648/j.ijae.20230803.11
Page(s)	83-89
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2023. Published by Science Publishing Group

Keywords

Government, Financial Inclusion, Tomato Productivity, Smallholder Farmers, Multinomial Logistic Regression

References

[1]	Associates, N. (2015). “The intersection of agricultural and financial markets”, Final Report.
[2]	Awunyo-Vitor, D. (2018). Theoretical and Conceptual Framework of Access to Financial Services by Farmers in Emerging Economies: Implication for Empirical Analysis. Acta Universitatis Sapientiae, Economics, and Business, 6 (1), 43–59.
[3]	Danso-Abbeam, G., Ehiakpor, D. S. and Aidoo, R. (2018). Agricultural extension and its effect on farm productivity and income: Insight from Northern Ghana. Agriculture Food Security 7: 74.
[4]	Ddamulira, G., Maphosa, M. & Dube, J. (2020). Tomato breeding in Sub-Saharan Africa - challenges and opportunities. African Crop Science Journal, Vol. 28, No. 1, pp. 131 – 140.
[5]	FAO (2019). The State of Food and Agriculture Moving for Wardon Food Loss and Waste Reduction. Food and Agriculture Organization Rome, Italy. 182pp.
[6]	Ghost & Ghananadhas (2019). The impact of service quality in commercial Bank on the customer satisfaction. Organization.
[7]	Guadagno, F., Wangwe, S. and Delera, M. (2019). Horticulture, and wood and furniture industries in Tanzania, performance, challenges and potential policy approaches. Journal of International Growth Centre 40433: 1-50.
[8]	Hossan (2018). Information resources management association.
[9]	Kaloi, F. K., Isaboke H. N., Onyari, C. N. and Njeru, L. K. (2020). Comparing productivity of rice under system of rice intensification and conventional flooding: A switching regression approach. African Journal of Agricultural Research 16 (1): 1355-1363.
[10]	Masiyandima, N., Mlambo, K., and Nyarota, S. (2017). Financial inclusion and quality of livelihood in Zimbabwe. In 14th African Finance Journal Conference - Africa Growth Institute.
[11]	Masunga, A. W. (2014). Assessment of socio-economic and institutional factors influencing tomato productivity amongst smallholder farmers: a case study of Musoma municipality, Tanzania. Dissertation for Award of MSc Degree at Sokoine University of Agriculture, Morogoro, Tanzania. 77pp.
[12]	Mhede, E. P. (2012). The Growth of Micro and Small, Cluster Based Furniture Manufacturing Firms and Their Implications for Poverty Reduction in Tanzania. Research on Poverty Alleviation, Dar es Salaam, Tanzania. 52pp.
[13]	Mitra, S. and Prodhan, M. H. (2018). Factors determining credit access of tomato farmers in a selected area of Bangladesh. National Journal of Multidisciplinary Research and Development, 3 (1): 406 -410.
[14]	Mpeku, F. N. and Urassa, J. K. (2022). Access to Bank Loans and Smallholder Farmers' Paddy Productivity; A Case of Mvomero District, Tanzania. International Journal of Science and Business, 15 (1), 65-78.
[15]	Msimbe, M. (2019). Relationship between Tomato Production and Household Poverty Reduction in Hai District, Relationship between Tomato Production and Household Poverty Reduction in Hai District.
[16]	Mutayoba, V., and Ngaruko, D. (2018). Assessing Tomato Farming and Marketing among Smallholders in High Potential. VI (8), 577–590.
[17]	Ojo (2017). Quality of public transport service integrative review and research agenda.
[18]	Palmas, S. and Chamberlin, J. (2020). Fertilizer profitability for smallholder maize farmers in Tanzania: A spatially-explicit ex ante analysis. PLoS One 18; 15 (9): e0239149.
[19]	Pamuk, H., van Asseldonk, M., Ruben, R., Kweka, T., Wattel, C., & Hella, J. P. (2021). Social ties, access to loans, and loan repayments in savings and loan associations: evidence from rural Tanzania. Agricultural Finance Review.
[20]	Urgessa, T. (2015). The Determinants of Agricultural Productivity and Rural Household Income in Ethiopia. Ethiopian Journal of Economics 24 (2): 63-91.
[21]	Zins, A. & Weill, L. (2016). The Determinants of Financial Inclusion in Africa. Review of Development Finance, 6 (1), 46–57.
[22]	Zulfiqar, K., Chaudhary, M. A., Aslam, A., and Aslam, M. (2016). Financial Inclusion and Its Implications for Inclusive Growth in Pakistan. Pakistan Economic and Social Review, 54 (2), 297–325.

Cite This Article

Plain Text BibTeX RIS

APA Style

Laura Vedasto Ndibalema, Damas Philip. (2023). Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa. International Journal of Agricultural Economics, 8(3), 83-89. https://doi.org/10.11648/j.ijae.20230803.11

Copy | Download

ACS Style

Laura Vedasto Ndibalema; Damas Philip. Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa. Int. J. Agric. Econ. 2023, 8(3), 83-89. doi: 10.11648/j.ijae.20230803.11

Copy | Download

AMA Style

Laura Vedasto Ndibalema, Damas Philip. Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa. Int J Agric Econ. 2023;8(3):83-89. doi: 10.11648/j.ijae.20230803.11

Copy | Download

@article{10.11648/j.ijae.20230803.11,
  author = {Laura Vedasto Ndibalema and Damas Philip},
  title = {Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa},
  journal = {International Journal of Agricultural Economics},
  volume = {8},
  number = {3},
  pages = {83-89},
  doi = {10.11648/j.ijae.20230803.11},
  url = {https://doi.org/10.11648/j.ijae.20230803.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijae.20230803.11},
  abstract = {Sub-Saharan Africa's smallholder farming structures are primarily distinguished by consistently poor crop productivity levels. Despite smallholder farmers' output being low, Tanzania has spent the last few decades changing its agricultural policy to make financial inclusion more beneficial and accessible to farmers. In this essay, the level of financial inclusion among tomato smallholder farmers in the Kilolo District will be discussed, along with the effectiveness of service provision and factors that contribute to financial inclusion. The current study used a cross-sectional research methodology in which 199 smallholder tomato producers provided data on a standardized questionnaire all at once. Quantitative information on financial services' quality and accessibility was examined using descriptive analysis. Logical multinomial In order to ascertain which level of financial inclusion was most likely for a tomato farmer, regression analysis was conducted. The degree of financial inclusion of tomato smallholder farmers was assessed using multiple response analysis, and the effectiveness of the services provided was assessed using a Likert scale. The findings of financial inclusion showed that more than half of the farmers (58.3%) had access to financial services. According to the study, financial institutions predominately offer savings and money transfer services. Additionally, among tomato smallholder farmers, the degree of financial inclusion was significantly influenced by the household age, sex, educational attainment, and income of the head of the family. It is advised that the government adopt policies that emphasize providing financial services to many rural areas and teaching farmers about the significance of financial inclusion in farming.},
 year = {2023}
}

Copy | Download

TY  - JOUR
T1  - Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa
AU  - Laura Vedasto Ndibalema
AU  - Damas Philip
Y1  - 2023/05/10
PY  - 2023
N1  - https://doi.org/10.11648/j.ijae.20230803.11
DO  - 10.11648/j.ijae.20230803.11
T2  - International Journal of Agricultural Economics
JF  - International Journal of Agricultural Economics
JO  - International Journal of Agricultural Economics
SP  - 83
EP  - 89
PB  - Science Publishing Group
SN  - 2575-3843
UR  - https://doi.org/10.11648/j.ijae.20230803.11
AB  - Sub-Saharan Africa's smallholder farming structures are primarily distinguished by consistently poor crop productivity levels. Despite smallholder farmers' output being low, Tanzania has spent the last few decades changing its agricultural policy to make financial inclusion more beneficial and accessible to farmers. In this essay, the level of financial inclusion among tomato smallholder farmers in the Kilolo District will be discussed, along with the effectiveness of service provision and factors that contribute to financial inclusion. The current study used a cross-sectional research methodology in which 199 smallholder tomato producers provided data on a standardized questionnaire all at once. Quantitative information on financial services' quality and accessibility was examined using descriptive analysis. Logical multinomial In order to ascertain which level of financial inclusion was most likely for a tomato farmer, regression analysis was conducted. The degree of financial inclusion of tomato smallholder farmers was assessed using multiple response analysis, and the effectiveness of the services provided was assessed using a Likert scale. The findings of financial inclusion showed that more than half of the farmers (58.3%) had access to financial services. According to the study, financial institutions predominately offer savings and money transfer services. Additionally, among tomato smallholder farmers, the degree of financial inclusion was significantly influenced by the household age, sex, educational attainment, and income of the head of the family. It is advised that the government adopt policies that emphasize providing financial services to many rural areas and teaching farmers about the significance of financial inclusion in farming.
VL  - 8
IS  - 3
ER  -

Copy | Download

Author Information

Laura Vedasto Ndibalema

Department of Agriculture Economics and Agribusiness, Sokoine University of Agriculture, Morogoro, Tanzania
Damas Philip

Department Trade and Investments, Sokoine University of Agriculture, Morogoro, Tanzania

Download PDF

Sections

Plain Text BibTeX RIS

APA Style

Laura Vedasto Ndibalema, Damas Philip. (2023). Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa. International Journal of Agricultural Economics, 8(3), 83-89. https://doi.org/10.11648/j.ijae.20230803.11

Copy | Download

ACS Style

Laura Vedasto Ndibalema; Damas Philip. Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa. Int. J. Agric. Econ. 2023, 8(3), 83-89. doi: 10.11648/j.ijae.20230803.11

Copy | Download

AMA Style

Laura Vedasto Ndibalema, Damas Philip. Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa. Int J Agric Econ. 2023;8(3):83-89. doi: 10.11648/j.ijae.20230803.11

Copy | Download

@article{10.11648/j.ijae.20230803.11,
  author = {Laura Vedasto Ndibalema and Damas Philip},
  title = {Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa},
  journal = {International Journal of Agricultural Economics},
  volume = {8},
  number = {3},
  pages = {83-89},
  doi = {10.11648/j.ijae.20230803.11},
  url = {https://doi.org/10.11648/j.ijae.20230803.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijae.20230803.11},
  abstract = {Sub-Saharan Africa's smallholder farming structures are primarily distinguished by consistently poor crop productivity levels. Despite smallholder farmers' output being low, Tanzania has spent the last few decades changing its agricultural policy to make financial inclusion more beneficial and accessible to farmers. In this essay, the level of financial inclusion among tomato smallholder farmers in the Kilolo District will be discussed, along with the effectiveness of service provision and factors that contribute to financial inclusion. The current study used a cross-sectional research methodology in which 199 smallholder tomato producers provided data on a standardized questionnaire all at once. Quantitative information on financial services' quality and accessibility was examined using descriptive analysis. Logical multinomial In order to ascertain which level of financial inclusion was most likely for a tomato farmer, regression analysis was conducted. The degree of financial inclusion of tomato smallholder farmers was assessed using multiple response analysis, and the effectiveness of the services provided was assessed using a Likert scale. The findings of financial inclusion showed that more than half of the farmers (58.3%) had access to financial services. According to the study, financial institutions predominately offer savings and money transfer services. Additionally, among tomato smallholder farmers, the degree of financial inclusion was significantly influenced by the household age, sex, educational attainment, and income of the head of the family. It is advised that the government adopt policies that emphasize providing financial services to many rural areas and teaching farmers about the significance of financial inclusion in farming.},
 year = {2023}
}

Copy | Download

TY  - JOUR
T1  - Factors Influencing Access to Financial Inclusion Among Tomato Smallholders Farmers’ in Kilolo District, Iringa
AU  - Laura Vedasto Ndibalema
AU  - Damas Philip
Y1  - 2023/05/10
PY  - 2023
N1  - https://doi.org/10.11648/j.ijae.20230803.11
DO  - 10.11648/j.ijae.20230803.11
T2  - International Journal of Agricultural Economics
JF  - International Journal of Agricultural Economics
JO  - International Journal of Agricultural Economics
SP  - 83
EP  - 89
PB  - Science Publishing Group
SN  - 2575-3843
UR  - https://doi.org/10.11648/j.ijae.20230803.11
AB  - Sub-Saharan Africa's smallholder farming structures are primarily distinguished by consistently poor crop productivity levels. Despite smallholder farmers' output being low, Tanzania has spent the last few decades changing its agricultural policy to make financial inclusion more beneficial and accessible to farmers. In this essay, the level of financial inclusion among tomato smallholder farmers in the Kilolo District will be discussed, along with the effectiveness of service provision and factors that contribute to financial inclusion. The current study used a cross-sectional research methodology in which 199 smallholder tomato producers provided data on a standardized questionnaire all at once. Quantitative information on financial services' quality and accessibility was examined using descriptive analysis. Logical multinomial In order to ascertain which level of financial inclusion was most likely for a tomato farmer, regression analysis was conducted. The degree of financial inclusion of tomato smallholder farmers was assessed using multiple response analysis, and the effectiveness of the services provided was assessed using a Likert scale. The findings of financial inclusion showed that more than half of the farmers (58.3%) had access to financial services. According to the study, financial institutions predominately offer savings and money transfer services. Additionally, among tomato smallholder farmers, the degree of financial inclusion was significantly influenced by the household age, sex, educational attainment, and income of the head of the family. It is advised that the government adopt policies that emphasize providing financial services to many rural areas and teaching farmers about the significance of financial inclusion in farming.
VL  - 8
IS  - 3
ER  -

Copy | Download