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Zeszyt 3 (49) 2018 , DOI: 10.17306/J.JARD.2018.00358

Isaac Busayo Oluwatayo 1, Titilayo Busayo Oluwatayo 2

OF FINANCIAL SECURITY AMONG WOMEN IN RURAL SOUTHWEST NIGERIA

Abstract:

The important role played by small ruminants in the
lives of households in developing countries cannot be overemphasized.
Small ruminants provide the easiest and readily
accessible source of credit available to meet immediate social
and financial obligations. In rural southwest Nigeria, women
are involved in managing small ruminants by feeding them
kitchen waste, and sometimes allow them to graze on surrounding
herbs and shrubs. Data for this study was collected
through a structured questionnaire administered on a random
sample of 450 women from southwest Nigeria. Analytical
tools employed include descriptive statistics, regression
model and the coping strategies use index (CSUI). A descriptive
analysis of socioeconomic characteristics of respondents
showed that the average age of the women was 48 years (with
only about one-third having tertiary education) and the average
household size was seven. The respondents’ distribution
by the ruminants reared showed that goat was the most preferred
because of its acceptability and marketability. However,
the regression results showed that educational level, extension
contact, experience in small ruminants’ rearing and cooperative
membership enhanced the income from small ruminants’
husbandry. This paper therefore suggested that efforts should
be geared at building the respondents’ capacity through education
and ensuring more extension contact. Another suggestion
is that women should come together to form cooperatives
as this will assist in risk sharing, and provide them with better
bargaining power and access to market information.
Keywords: financial security, rural Nigeria, small ruminants,

Keywords: financial security, rural Nigeria, small ruminants, well-being, women

PDF in in english Full text available in english in Adobe Acrobat format:
www.jard.edu.pl/vol49/issue3/art_35.pdf
http://dx.doi.org/10.17306/J.JARD.2018.00358
For citation:

MLA , Isaac Busayo Oluwatayo, and Titilayo Busayo Oluwatayo. "OF FINANCIAL SECURITY AMONG WOMEN IN RURAL SOUTHWEST NIGERIA." J. Agribus. Rural Dev. 49.3 (2018): 333-341.
APA Isaac Busayo Oluwatayo 1, Titilayo Busayo Oluwatayo 2 (2018). OF FINANCIAL SECURITY AMONG WOMEN IN RURAL SOUTHWEST NIGERIA. J. Agribus. Rural Dev. 49 (3), 333-341
ISO 690 , Isaac Busayo Oluwatayo, OLUWATAYO, Titilayo Busayo. OF FINANCIAL SECURITY AMONG WOMEN IN RURAL SOUTHWEST NIGERIA. J. Agribus. Rural Dev., 2018, 49.3: 333-341.
Corresponding address:
PhD Isaac Busayo Oluwatayo, School of Agricultural and Environmental Sciences, University of Limpopo, C/O R71 Tzaneen Road and University Street, Mankweng Township, Polokwane, South Africa,
Authors email:
isaac.oluwatayo@ul.ac.za.

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