Focus of Agricultural Bank Finance on Mechanized Agricultural Activities in Rahad Agricultural Scheme of Sudan


Authors : Rahma, Fatima; Elgilany A. Ahmed; Elshami, Omer M. Eltom; Mohamed, Elwasila Mukhtar

Volume/Issue : Volume 9 - 2024, Issue 1 - January

Google Scholar : http://tinyurl.com/35ev59vb

Scribd : http://tinyurl.com/2nvknzt7

DOI : https://doi.org/10.5281/zenodo.10539268

Abstract : The paper aimed to assess the role and impacts of the Sudanese Agricultural Bank (ABS) and its focus on the mechanized agricultural activity in Rahad Scheme. Primary data were collected from 279 respondent farmers in Rahad scheme through stratified random sampling. Targeted simple random sampling was also used to select officials from the Agricultural Bank of Sudan, respondents were 59 (response rate = 94.9%). Two structured questionnaires were used to collect the primary data. Secondary data was also obtained from relevant sources. Descriptive statistical analysis and chi- square test were adopted. Socio-economic factors, level of technology; Agricultural Bank policy and finance constraints were tested. Results of the study showed that ABS used to focus on financing operational cost and play a very minor role in financing machinery and capital cost, finance was the main obstacle for farmers to adopt the recommended technical package. The study concluded that more attention to machinery finance is required from the ABS.

Keywords : Agricultural Bank, Finance, Mechanized, Rain- Fed and Irrigated Sector.

The paper aimed to assess the role and impacts of the Sudanese Agricultural Bank (ABS) and its focus on the mechanized agricultural activity in Rahad Scheme. Primary data were collected from 279 respondent farmers in Rahad scheme through stratified random sampling. Targeted simple random sampling was also used to select officials from the Agricultural Bank of Sudan, respondents were 59 (response rate = 94.9%). Two structured questionnaires were used to collect the primary data. Secondary data was also obtained from relevant sources. Descriptive statistical analysis and chi- square test were adopted. Socio-economic factors, level of technology; Agricultural Bank policy and finance constraints were tested. Results of the study showed that ABS used to focus on financing operational cost and play a very minor role in financing machinery and capital cost, finance was the main obstacle for farmers to adopt the recommended technical package. The study concluded that more attention to machinery finance is required from the ABS.

Keywords : Agricultural Bank, Finance, Mechanized, Rain- Fed and Irrigated Sector.

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