Satisfaction of Filipino Crop Farmers on Agricultural Credit
Abstract
Agricultural credit is an important part of the broader Agribusiness, which is encompassing farming and farming-related commercial activities. Hence, the study determined the level of satisfaction of crop farmers on agricultural credit in two barangays San Juan and San Andres, Malvar, Batangas, with an end goal of enhancing agricultural credit management. Through descriptive method of research, the study revealed that majority of the farmers used to plant rice with a land area of 0.5 - 1.0 hectare that avail agricultural credit 2 to 3 times a year. Further, the level of satisfaction of crop farmers on agricultural credit along with documents/requirement, penalties and charges, interest rates, credit terms and conditions and repayment scheme are dissatisfied. This study offered recommendations, if properly implemented and actualized by concerned authorities, may ensure sustainable and accessible rural credit facilitation.
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