Purpose

Inadequate finance is considered a major factor limiting the growth of small-scale women-owned farm enterprises in Sub-Saharan Africa. Women empowerment programs such as table banking (TB) and women enterprise fund were initiated in an attempt to curb the credit gap affecting women in agribusiness. This paper determines the factors influencing the extent of credit access among women farm-entrepreneurs who are either members or nonmembers of TB groups in Kenya.

Design/methodology/approach

The study was conducted in Kericho County using a sample of 384 respondents. Factor analysis was used to generate three indicators of entrepreneurial orientation which were included as explanatory variables in the regressions. Double hurdle econometric model was employed to analyze the factors influencing the decisions on credit uptake and amount of borrowed loan. Separate models were estimated for members and nonmembers of TB groups since they differed in volume and source of loan accessed.

Findings

Results reveal that age of the woman and innovativeness negatively influenced credit access, whereas education level, participation in off-farm activities, number of farm enterprises, perception on interest rate, extension contacts and financial knowledge positively influenced the decision to access credit. On the other hand, participation in off-farm activities, risk-taking behavior, total land size, extension access and financial knowledge were statistically significant with positive correlation on the amount of loan borrowed. Significant factors differ between members and nonmembers of TB groups implying divergence in underlying credit access challenges once one has joined such groups.

Research limitations/implications

The study did not consider supply-side factors affecting the amount of loan accessed by women farm-entrepreneurs.

Originality/value

To the best of the authors’ knowledge, this paper is one of the pioneer studies using the double hurdle model to analyze factors influencing the extent of credit access specifically among women farm-entrepreneurs and carrying out the analysis by membership in TB groups.

中文翻译：

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基于表银行（TB）成员资格的女性农场企业家信贷获取程度分析

目的

资金不足被认为是限制撒哈拉以南非洲小型妇女拥有的农场企业发展的主要因素。启动了诸如桌上银行（TB）和女性企业基金之类的女性赋权计划，以试图遏制影响农业综合企业女性的信贷缺口。本文确定了影响肯尼亚结核病组织成员或非成员的女性农场企业家获得信贷程度的因素。

设计/方法/方法

该研究在凯里乔县进行，样本为 384 名受访者。因子分析用于生成三个创业导向指标，作为回归中的解释变量。采用双障碍计量经济学模型分析了影响信贷吸收和借入贷款金额决策的因素。为结核病组的成员和非成员估计了单独的模型，因为它们的贷款数量和来源不同。

发现

结果表明，女性的年龄和创新能力对信贷获取产生负面影响，而教育水平、参与非农活动、农场企业数量、对利率的看法、推广联系和金融知识对获取信贷的决定产生积极影响。另一方面，参与非农活动、冒险行为、土地总规模、推广途径和金融知识在统计上显着，与借款金额呈正相关。结核病团体的成员和非成员之间存在显着差异，这意味着一旦加入此类团体，潜在的信贷获取挑战就会出现差异。

研究限制/影响

该研究没有考虑影响女性农场企业家获得贷款金额的供应方因素。

原创性/价值

据作者所知，本文是使用双障碍模型分析影响女性农场企业家获得信贷程度的因素并按结核病群体成员进行分析的开创性研究之一。