The Impact of Micro-Credit on Food Crop Production in Osun State, Nigeria

This study examined the effect of micro-credit on food production using a cross-sectional data obtained from both the beneficiaries and non-beneficiaries of Nigeria Agricultural Credit and Rural Development Bank (NACRDB) in Osun State. Eighty respondents were randomly chosen from each group given a grand total one hundred and sixty respondents. The technical efficiency indices were examined to access their productivity and its determinants using a stochastic production frontier. It was observed that all the variables fitted in the model have the expected sign and significantly affected the total revenue for non-beneficiaries while, only labour and other costs significantly affected total revenue for beneficiaries.