Abstract
The study was conducted in nine Local Government Areas selected from Enugu
State. Six five micro Credit Groups from each Area were randomly selected. This
gave a total of forty-five (45) micro-credit groups. This was done using multi-stage
sampling techniques. Sources of data were primary and secondary. Structured
questioners were used to interview respondents to generate primary data while
secondary data were sourced from relevant publications. Descriptive statistics and
Ordinary Least Square Econometric techniques were used in data analysis. Majority of
the group members, 31.4% belong to the age bracket of 40 – 49 years (middle age).
Majority of the groups, 40% were composed of 10–15 individuals. Majority of the
respondents, 64.4% travel about 200 meters to attend meetings. Factors determining
repayment were homogeneity in gender, occupation, distance and residency as well as
social cohesion. Based on the findings, it was recommended that micro credit groups
should be homogenous with respect to gender, members should be encouraged to
attend group meetings which should be made to be regular in order to build strong
social cohesion, and groups should be composed of individuals living close to each
other in order to enjoy information advantage.
ANENECHUKWU, I (2021). Effects Of Membership Homogeneity On The Performance Of Agricultural Micro-Credit Groups In Enugu State, Nigeria. Afribary. Retrieved from https://afribary.com/works/effects-of-membership-homogeneity-on-the-performance-of-agricultural-micro-credit-groups-in-enugu-state-nigeria
ANENECHUKWU, IDU "Effects Of Membership Homogeneity On The Performance Of Agricultural Micro-Credit Groups In Enugu State, Nigeria" Afribary. Afribary, 14 May. 2021, https://afribary.com/works/effects-of-membership-homogeneity-on-the-performance-of-agricultural-micro-credit-groups-in-enugu-state-nigeria. Accessed 27 Nov. 2024.
ANENECHUKWU, IDU . "Effects Of Membership Homogeneity On The Performance Of Agricultural Micro-Credit Groups In Enugu State, Nigeria". Afribary, Afribary, 14 May. 2021. Web. 27 Nov. 2024. < https://afribary.com/works/effects-of-membership-homogeneity-on-the-performance-of-agricultural-micro-credit-groups-in-enugu-state-nigeria >.
ANENECHUKWU, IDU . "Effects Of Membership Homogeneity On The Performance Of Agricultural Micro-Credit Groups In Enugu State, Nigeria" Afribary (2021). Accessed November 27, 2024. https://afribary.com/works/effects-of-membership-homogeneity-on-the-performance-of-agricultural-micro-credit-groups-in-enugu-state-nigeria