Loan Recovery Management for Agricultural and Rural Credit Managers
By: Agricultural and Rural Management Training Institute (ARMTI)
Kwara State, Nigeria
Sep 16 - 20 Sep, 2013
The importance of agricultural and rural credit schemes in poverty reduction in Nigeria cannot be over emphasized. Most of these schemes were short-lived because of poor loan recovery and funds depletion after a few rounds of loan disbursement. Hence, most of the credit schemes were not sustained. The reasons commonly adduced include: poor credit appraisal and loan collection mechanism; poor credit monitoring and supervision; deliberate loan default; and project failure.
Venue: Ilorin, Kwara State, Nigeria