Savings Patterns of Small Scale Livestock Farmers Edo State, Nigeria
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All these listed variables were also significant factors influencing savings decision of the respondents in the study area. However, inflation, high costs of production, low income, outbreak of diseases, and children responsibility were among factors that limited savings by the respondents.
To mitigate these constraints effectively, the study revealed that farmers should developed three wallet accounts which include consumption, savings and investment wallet accounts to manage the revenue generated from the farmer enterprise. .
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