Farmer Access to Formal Credit Institutions in Kassala, East Sudan: Determinants and Possible Ways Forwards

Type Journal Article - ERF Policy Brief
Title Farmer Access to Formal Credit Institutions in Kassala, East Sudan: Determinants and Possible Ways Forwards
Author(s)
Volume 3
Publication (Day/Month/Year) 2015
URL http://khartoumspace.uofk.edu/bitstream/handle/123456789/18821/Farmer Access to Formal Credit​Institutions.pdf?sequence=1
Abstract
Kassala state has abundant agricultural resources in terms of arable
land and water, which suggests that agriculture provides the best opportunities
for its economic development.
• Despite the availability of formal credit in Kassala, rural farmers lack
adequate access to the formal agricultural credit they need; most of
them obtain loans from the informal credit market.
• To improve the access of small farmers to formal credit, effective policy
measures should be adopted, including: increasing awareness of farmers
regarding effective utilization of credit and extending financial
services in rural areas.

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