“In this video Richard L. Meyer, Professor Emeritus at The Ohio State University, discusses the major challenges associated with agricultural credit. Stressing on the need for change in the attitude towards repayment among farmers, Meyer says that the attributes that make financing difficult for agriculture are many such as agriculture clients are geographically disperse, thus, the cost of reaching them is high; agricultural products prices fluctuate thus their ability to repay loan varies and the margin for profit is very low.

Leave Comments

Written by