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Periodical article |
| Title: | Pledging Oil Palms: A Case Study on Obtaining Rural Credit in Nigeria |
| Author: | Abasiekong, Edet M. |
| Year: | 1981 |
| Periodical: | African Studies Review |
| Volume: | 24 |
| Issue: | 1 |
| Period: | March |
| Pages: | 73-82 |
| Language: | English |
| Geographic term: | Nigeria |
| Subjects: | agricultural credit palm kernels Economics and Trade Agriculture, Natural Resources and the Environment Development and Technology |
| External link: | https://www.jstor.org/stable/523911 |
| Abstract: | There are five basic purposes to this study: 1) to identify the factors that lead to pledging of tree crops, particularly oil palm trees in Nigeria; 2) to describe the process by which the creditor/debtor (i.e. pledgee/pledger) relationship is established through pledging; 3) to evaluate the use of pledging as a loan procuring mechanism with respect to the redemption problem; 4) to explore some other loan procuring options available to the farmers; 5) to propose some methods by which the present pledging System can be improved, keeping in mind the creditor, the debtor and the land on which the trees grow. Ref., tab. |