ABSTRACT:

The determinant of loan repayment and credit worthiness of smallholder rice farmers under OgigeMicrofinance bank in Enugu North Agricultural Zone of Enugu State, Nigeria was studied. Onehundred and twenty respondents were randomly selected for the study using multi stage randomsampling technique. The data for the study were collected using a well-structured questionnaireand interview scheduled. Percentage responses, multiple regression analysis and logit analysiswere used to address the objectives of the study. The results of the determinant factors to loanrepayment were extension services, educational level and distance from the bank to farmers’house. Furthermore, the factors that affected loan repayment ability were educational level anddistance from bank. In addition, the factors affecting the farmers’ credit worthiness weremembership of organization, gender, and distance to the bank, educational level, and age of thefarmer.The need to ensure farmers’ access to educational programme’, extension services and offfarmincome employmentis the key for the study.