PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2020 | z. 4 (58) | 369--378
Tytuł artykułu

Social Capital Networks, Microcredit and Poverty Status of Rural Households in Nigeria

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
This study examined how social capital networks contribute to rural households' poverty status in Southwestern Nigeria. A multistage sampling procedure was used to select a total of 300 households for this study. A structured questionnaire was used to obtain information and data were analyzed using descriptive statistics, Foster, Greer and Thorbecke (FGT) poverty measure and Two-Stage Least Square model (2SLS). Results showed that poverty incidence, depth and severity were 60%, 46.70% and 20.10% respectively among the sampled households. The results indicated that forms of social capital networks in the study area include cooperative societies, family and friends, farmers', professional career, religious, and microfinance groups. The results further showed that 66.00% of the households in the study area sourced microcredit from cooperative societies. The 2SLS estimate showed that the coefficient of the aggregate social capital index (β =730.83, p < 0.05) also showed a positive, significant relationship with household per capital expenditure. The result indicated that a unit increase in social capital network index of the household would increase household per capita expenditure in the study area by N730.83. The study concluded that membership of social capital networks positive influence households' access to access to microcredit and poverty reduction. (original abstract)
Rocznik
Numer
Strony
369--378
Opis fizyczny
Twórcy
  • Obafemi Awolowo University, Nigeria
autor
  • Obafemi Awolowo University, Nigeria
Bibliografia
  • Adepoju, A.A., Oni, O.A. (2012). Investigating Endogeneity Effects of Social Capital on Household Welfare in Nigeria: A Control Function Approach. Quart. J. Int. Agric., 51(1), 73-96.
  • Ajakaiye, O., Mwabu, G. (2007). The Production of Child Health in Kenya: A Structural Model of Birth Weight'. Conference paper on Economic Development in Africa, March 18-19, Center for the Study of African Economies. Mimeo: University of Oxford.
  • Awojobi, O., Bein, M.A. (2011). Micro financing for Poverty Reduction and Economic Development; a Case for Nigeria. Int. Res. J. Fin. Econ., 22(72), 159-168.
  • Balogun, O.L., Yusuf, S.A., Omonona, B.T., Okoruwa, V.O. (2011). Social Capital and Microcredit Effects on Poverty among Rural households in Southwest States, Nigeria. ARPN J. Agric. Biol. Sci., 6(3), 5-10
  • Bastelaer, V.T. (2000). Does Social Capital Facilitate the Poor's' Access to Credit? Social Capital Working Paper No. 8. The World Bank, Washington, DC.
  • CBN (2010). Central Bank of Nigeria Bulletin 2010. Retrieved Sep 30th 2016 from: www.cbn.gov.ng/rate/infates. asp?year=2010
  • Chen, S., Ravallion, M. (2010). The Developing World is Poorer than We Thought, But No Less Successful in the Fight against Poverty. World Bank Policy Research Paper 4703.
  • Conley, T., Udry, C. (2010). Learning about a new technology: Pineapple in Ghana. Am. Econ. Rev., 100(1), 35-69.
  • Osborn, D., Cutter, A., Ullah, F. (2015). Universal Sustainable Development Goals- Understanding the Transformational Challenge for Developing Countries Stakeholder Forum, May 2015. Retrieved Oct 10 th 2015 from: https://sustainabledevelopment.un.org/content/documents/1684sf_Universality_Report_May_2015.pdf
  • Foster, J., Greer, J., Thorbecke, E. (1984). A class of decom posable poverty measures, Econometrica, 52, 761-766.
  • Hassan, R., Birungi, P. (2011). Social capital and poverty in Uganda. Dev. South. Afr., 28(10), 19-37.
  • Imandoust, S.B. (2011). Relationship between education and social capital. Int. J. Hum. Soc. Sci., 1(12), 52-57.
  • Iyanda, J.O., Afolami, C.A. Obayelu, A.E., Ladebo, O.J. (2014). Social Capital and Access to Credit among Cassava Farming Household in Ogun State, Nigeria. J. Agric. Env. Sci., 3(2), 175-196.
  • Jhingan, M.L. (2009). Macro Economic Theory (7th Ed.). Delhi: Vrinda Publications.
  • JRF (2013). Monitoring poverty and social exclusion. Joseph Rowntree Foundation and the New Policy Institute.
  • Karlan, D., Mobius, M. Rosenblat, M.T., Szeidi, A. (2009). Trust and Social Collateral. Quart. J. Econ., 124(3), 1307-1361.
  • Karlan, D. (2007). Social connections and group banking. Econ. J., 117(517), 52-84
  • Lam, T.V., Bui, B.A. (2014). Microfinance and Poverty Alleviation: Does Credit Access Contribute to Reduce Household Poverty in Vietnam, An Unpublished Masters Thesis. Faculty of Graduate School of Arts and Sciences of Georgetown University.
  • Lawal, J.O., Omonona, B.T., Ajani, O.I.Y., Oni, A.O. (2009). Effects of Social Capital on credit Access among Cocoa Farming Households in Osun State, Nigeria. Agric. J., 4(4), 184-191.
  • Meyer, D.B., Sullivan, X.J. (2003). Measuring the Well-Being of the Poor Using Income and Consumption,. A paper prepared for the Joint IRP/ERS Conference on Income Volatility and Implications for Food Assistance, May 2-3, 2002 in Washington, DC.
  • NBS (2010). The Nigeria Poverty Profile 2010 Report. National Bureau of Statistics.
  • Oke, J.T.O., Adeyemo, R., Agbonlahor, M.U. (2007). An Empirical Analysis of Microcredit Repayment in Southwestern, Nigeria. J. Hum. Soc. Sci., 2(1), 63-74.
  • Ravallion, M., Shaohua, C., Sangraula, P. (2009). Dollar a day. World Bank Econ. Rev., 23(2), 163-184.
  • Trading Economics (2016). Nigeria Population Data from 1960 to 2016. Retrieved Sep 30th 2016 from: www.tradingeconomics.com/nigeria/population
  • Ugbaja, M., Ugwumba, C. (2013). Analysis of Microcredit as a Viable Tool in Poverty Reduction among Rural Farmers in Anambra State, Nigeria. Disc. J. Agric. Food Sci., 1(10), 152-159.
  • World Bank (2014). Nigeria Economic Report. Working Paper No 2. July, 2014. Washington DC.
  • World Bank (2005). African Development Indicators 2005. New York: Oxford University Press.
  • World Bank Groups (2014). Age Dependency Ratio (% of Working - Age Population). Retrieved Oct 19th 2016 from: www.Data.worldbank.org/indicator/SP.POP.DPND
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171627996

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.