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Factors Influencing Loan Default. However loan default in case of banks has special significance because extending credit is almost the exclusive business of banking institutions. The probit model was employed to determine factors infl uencing loan default among poultry farmers in Ijebu Ode Local Government Area of Ogun State. This means that about 894 of the variations in loan default are accounted for by other factors not within the scope of the study. By O Oni O OLADELE and I Oyewole.
Tent intuition the loan officer decides which applicants are more likely to default than others or which loans are likely to involve collection costs so great as to render the transaction unprofitable. A survey research design was used and a census of the 49 MFIs was taken. The study target population comprised 49 MFIs registered by Association of Microfinance Institutions of Kenya AMFIK. Studies have been carried out taking macro factors into consideration. Measures to control default. The study therefore concludes that there are various factors influencing non-repayment of loans which are.
Repayment performance to SACCOS members.
Loan default is a universal phenomenon associated with all types of business enterprises. It is an indicator to the financial institution on the current losses likely to incur and also in the future if no payments are made at all Warue 2012This implies that loan default among the individuals at 137 is quite high compared to. This study is interested in determining factors infl uencing default in loan repayment among poultry farmers in Ijebu Ode Local Government Area of Ogun State. However loan default in case of banks has special significance because extending credit is almost the exclusive business of banking institutions. Factors Influencing Loan Repayment Default in Micro-Finance Institutions. The factors within the financial institution that may influence loan repayment.