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.
This course is designed to improve the knowledge and skills of Agricultural and Rural Credit Managers in loan recovery. At the end of the course, participants should be able to:
- Identify risks associated with agricultural and rural credit
- Appraise micro-credit needs of clients
- Design agricultural and rural credit monitoring and supervision schedules
- Adopt effective loan recovery mechanisms.
- Overview of loan administration and management
- Risk management in agricultural loan or credit schemes
- Project appraisal and re-financing techniques
- Micro-credit needs appraisal.
- Role of self-help groups in credit administration
- Loan monitoring and recovery mechanism
- Savings mobilisation
- Gender issues in loan recovery
- Legal issues in loan recovery
Lecturettes, case studies, group discussions, exercises and study visits.
Who Should Attend?
Agricultural Credit Managers in Central Bank of Nigeria (CBN), Commercial Banks, NGOs, NDE, NACRDB, National Board for Micro-Finance, Ministries of Agriculture, ADPs, IFAD Projects and other Agricultural and Rural Finance Institutions.