Abstract

Cooperative is the most viable business, when members (farmers) join it, they have tendency or advantage to enjoy strong incentive for efficient operation and continuous innovation in response to changing business as direct beneficiaries thus, reduce poverty drastically. The study was conducted to investigate Influence of cooperative participation on poverty reduction among cooperative farmers in Ibarapa East Local Government Area of Oyo State, Nigeria. A multi-stage sampling technique was employed to select the sample size of one hundred (100) respondents using a well-structured questionnaire. Data was analyzed using simple descriptive statistics and inferential statistics such as linear and logit regression were used to analyze the data. The result revealed that majority of them were males, youth, agile, married and educated. Easy accessibility of loans will allow members to fight poverty and reduce it to diminutive level if not totally eradicated among the cooperative farmers. The study recommended that farmers should be educated and enlightened more about effectiveness of cooperative credit on poverty alleviation or reduction. Government should provide credit facilities and technical assistance for farmers to enhance their productivity and increase their income and also ensure to avoid tendency to dominate cooperatives. Socio-economics characteristics determinants which had direct link with family life enhancement, improved standard of living and productivity should addressed properly. Problems faced the respondents should be consciously exterminated