ANALYSIS OF FACTORS AFFECTING AGRICULTURAL CREDIT USAGE OF FARMERS IN EASTERN PART OF TÜRKİYE

<p class="MsoNormal"><i><span style="font-size:10.0pt;mso-ansi-language:EN-US">Agriculturalcredit is a vital tool for farmers to invest in their farms, improveproductivity, and manage financial risks. With proper credit access, farmerscan contribute to food security, rural development, and overall economicstability. The aim of this study is to determine the factors affecting theagricultural credit usage of farmers in Patnos district of Ağrı Province of </span></i><i><span lang="EN-GB" style="font-size:10.0pt">Türkiye</span></i><i><span style="font-size:10.0pt;mso-ansi-language:EN-US">. The data were obtained byquestionnaire method from 67 farmers in the study area. The data were analyzedwith the use of descriptive statistics and binary logit model. Results frombinary logit estimation showed that overall model was a good fit, most of thesocio-economic factors were found significant.&nbsp;Age, education years of farmer and record keeping in farm negatively andsignificantly influenced use of agricultural credit, while frequency of visitsto provincial and district directorates of agriculture, participating in anagricultural course, having a tractor, do agricultural insurance and membershipin Agricultural Credit Cooperatives positively significantly influenced use ofagricultural credit. According to these results, in order to increase farmers'use of agricultural credit, young farmers should be trained on financialliteracy and access to credit, and bureaucratic practices that make access tocredit difficulties should be reduced.<o:p></o:p></span></i>