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

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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

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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), 2024. Published by Science Publishing Group

Keywords

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

References

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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

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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

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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

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@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}
}

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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  -

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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

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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

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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

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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