keywords: Cooperatives, loan, cassava processing, women, profitability
The research was carried out to examine the effects of cooperative loan on cassava processing among women in Yewa Division, Ogun State, Nigeria. Survey data were collected from 120 women cassava processors in the study area and Multi-stage random sampling was used in selecting the sample size. Descriptive and Inferential statistical tools were used to characterize their socio – economic characteristics. Also, Ordinary Least Square and Probit Regression model were used to analyze the profitability and the access to loan of the women cassava processors in the study area. The results on profitability showed that the years of experience and loan obtained by the processors positively affect their level of profit. The results on access to loan showed that the years of experience and the level of education of the cassava processors positively affect their access to loan while dependency ratio negatively affects their access to loan. From the findings, it can be concluded that loan obtained and years of experience are factors that determine the profitability level of the respondents in the study area. Therefore, the study recommended that Cooperatives should also endeavor to reduce interest rates so that there would be greater ease in carrying out economic activities and at the same time pay back loans without too much stress.