Influence of Agricultural Financing Awareness on Financial Problems of Agricultural Entrepreneurs




Agribusiness is characterized by uncertain returns and thus it confronts the agricultural entrepreneurs with various situations that impede their capital requirement. This paper attempts to understand the financial problems of agricultural entrepreneurs and to make a relational analysis of their awareness of agricultural financing with their financial problems. The study was conducted in Assam, situated in the northeastern part of India. Multi-stage sampling was used to reach 96 agricultural entrepreneurs. It was found that the inadequate savings and cumbersome process in applying for a loan were the major causes of financial problems of agricultural entrepreneurs and 64% of agricultural entrepreneurs have medium level of awareness on agricultural financing. Analysing the influence of agricultural financing awareness of agricultural entrepreneurs on their financial problems it is concluded that with the increase in the agricultural financing awareness level of agricultural entrepreneurs their financial problems can be reduced to a great extent.

Author Biographies


Department of Business Administration, Tezpur University, Assam, India

Anjan Bhuyan, Tezpur University

Associate Professor, Department of Business Administration, Tezpur University, Assam, India.


Ajayi, M.A, Nageri, K.I, & Akolo, C.S. (2017). Impact of agricultural financing policy and deposit money bank loan on agricultural sector productivity in Nigeria. Amity Journal of Agribusiness, 2(1), 1-11.

Chander, M. (2016). Agripreneurs: The emerging role models. Global Forum on Agricultural Research and Innovation (GFAR). Retrieved from

Cohen, L, Mansion, L, & Morrison, K. (2005). Research Methods in Education. Taylor and Francis e-Library. Retrieved from

Delice, A. (2010). The sampling issues in quantitative research. Educational Sciences: Theory and Practices, 10 (4), 2001-2018. Retrieved from

Ghasemi, A, & Zahediasl, S. (2012). Normality test for statistical analysis: guide for non-statisticians. International Journal of Endocrinology and Metabolism, 10 (2), 486-489. DOI: 10.5812/ijem.3505

Gichuki, J, Njeru, A, & Tirimba, O. (2014). Challenges Facing Micro and Small Enterprises in Accessing Credit Facilities in Kangemi Harambee Market in Nairobi City County, Kenya. International Journal of Scientific and Research Publications, 4 (12), 1-25. Retrieved from

Jayadatta, Y. (2017). Major challenges and problems of rural entrepreneurship in India. IOSR Journal of Business and Management, 19 (9), 35-44. Retrieved from issue9/Version-/D1909023544.pdf

Louanglath, P.I. (2017). Minimum sample size method based on survey scales.International Journal of Research and Methodology in Social Science, 3 (3), 45. DOI: 10.5281/zenodo.1322593

Lund Research Ltd. (2018). Testing for normality using SPSS statistics. Retrieved from

Mangalam, R. (2019). Farmers’ attitude towards kisan credit card scheme in Tamil Nadu – A study with reference to Madurai district. Unpublished PhD dissertation, Madurai Kamaraj University, Tamil Nadu, India. Retrieved from

Nath, D., Jain, P.K., Talukdar, R.K., & Hansra,B.S. (2016). Constraints Encountered by the Beneficiaries of Krishi VigyanKendra in North Eastern Region of India. Journal of Extension Education, 28 (2),5665 -5668.

Shanmugavadivel, D. (2015). A study on awareness of farmers in agricultural finance in public sector banks with special reference to Coimbatore district. International Journal of Science and Research, 6 (6), 2636-2638.

Sharma, D. (2012). Problems and prospects of the agricultural sector in Assam- A case study of Sonitpur district. Retrieved from

Subramaniam, R & Shivananjappa, S. (2017).Investigation on the problems faced by the farmers in obtaining and repayment of agricultural credit in Karaikal district, India. International Journal of Current Microbiology and Applied Sciences, 6 (6), 3966-3971.

Swathy, S & Benazir, Y. (2014). A study on the challenges faced by entrepreneurs. Intercontinental Journal of Marketing Research Review, 2(4), 18-28.

Thakur, A & Barman, U. (2013). Reasons for poor performance of disbursement of Kishan Credit Card and recovery of loan under the scheme in Assam - a qualitative study. Journal of Academia and Industrial Research, 2 (1), 16-20.

Ulusoy, T & Celik, M.Y. (2019). Financial literacy in the agricultural products industry: the case of Kastamonu. Alinteri Journal of Agricultural Sciences, 34 (1), 57-66.

Widhiyanto, I, Nuryartono, N, Harianto., & Siregar, H. (2018). The analysis of farmers’ financial literacy and its’ impact on microcredit accessibility with interest subsidy on the agricultural sector. International Journal of Economics and Financial Issues, 8 (3), 148-159.

Yadav, H. (2013). Agricultural marketing system in Assam. National Institute of Agricultural Marketing. Retrieved from




How to Cite

Newar, P., & Anjan Bhuyan. (2022). Influence of Agricultural Financing Awareness on Financial Problems of Agricultural Entrepreneurs. Journal of Extension Education, 32(4).