| Value | Category | Cases | |
|---|---|---|---|
| 1 | I do not need a loan / prefer working with my own cash | 9 |
10.1%
|
| 2 | Interest rate too high / cant afford to repay | 20 |
22.5%
|
| 3 | I dont want to put my land at risk / I do not want to be worried | 43 |
48.3%
|
| 4 | Formal lenders are too strict | 1 |
1.1%
|
| 5 | The branch is too far away / associated application costs too high | 3 |
3.4%
|
| 6 | Too much paperwork | 4 |
4.5%
|
| 7 | I did not have enough collateral | 5 |
5.6%
|
| 8 | Lender only offered certain types/amounts of loans I did not qualify for | 1 |
1.1%
|
| 9 | Other | 3 |
3.4%
|
| Sysmiss | 836 |