Reasons why a farmer may fail to access credit

• Lack of collateral/security
• Bureaucracy of lending institution
• Illiteracy of farmers
• Corruption from lending institution that may require a bribe first.
• Fear to undertake the risk
• Remoteness of the farm, since most Credit institutions are located in urban areas.
• High interest rates scare away farmers.
• high lending cost scare away farmers

Good day

Dr. Bbosa Science