Loan utilization pattern of the small farmers

Abstract

The present study entitled “Formal and Informal credit utilization pattern by the small farmers” was undertaken in Buldhana district of Vidarbha region of Maharashtra state. The ex-post facto analytical research design was used for the study. A total sample comprising 100 farmers were respondents selected from ten villages by using random sampling method. The data was collected with the help of pre-tested interview schedule by personally interviewing the respondents. The findings revealed that maximum number of the respondents (68.00%) dah utilized formal loan from Commercial Bank, maximum number of the respondents (58.00%) had partially repaid defaulter status, relatively higher proportion of the respondents (40.00%) had debt Rs.50001/- to Rs.100000/-.Maximum number of the respondents (61.00%) had high loan utilization pattern.