The study analyzed the influence of cooperative credit on cassava production. A multi stage sampling technique was used to select 120 respondents in the study area and structured questionnaire was administered for data collection. Descriptive statistics was used to analyze the socio-economic characteristics of the respondents while multiple regressions using exponential form was used to quantitatively determine the influence of credit obtained and utilized on cassava output. It showed that 36.7% of the respondents were above 60 years of age which can be grouped as aged this revealed that majority of the farmers there are within their prime age and can utilize credit obtained effectively and efficiently. 76.7% of these farmers were males while the remaining 23.3% were females, majority of the respondents were married and 84.2% of them had formal education. Average amount requested by the farmers was N212, 600,000 but N185, 725,000 was approved this shows that the farmers in that location are small scale farmers which they need to upgrade to large scale in order to produce in large quantity and have durable profit. Influence of credit on cassava output showed that 89.7% of the regression was explained by the regessors. The result revealed that the farming experience with credit use, interest rate charged, total expenditure on production, and loan repayment period were the major significant that influence cassava output. Also, the hypothesis results revealed that credit obtained and utilized had significance influence on cassava output. And concluded that cassava production in the study area is worthwhile embarking on and that credit enhances the farmer’s production, which was reflected in their cassava output. Therefore recommended that credit institutions or lending agencies should lend money to the small scale farmers to improve their productivity, financial institutions in the country should see to the smooth spending of the credit received to avoid diversion of credit.
Cassava Production, Cooperative Credit, Cooperative
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