a study of the factors affecting agricultural credit repayment,(case study : fars province)

the aim of this study was to investigate the factors affecting timely repayment of agricultural loans in fars province. the necessary data was obtained from agricultural bank as well as through 163 questionnaires filled out in fars province. the farmers were divided in to timely repayment and defaulter groups while standard tobit model being used for the study. the dependent variable in this model was non repayment. the results of tobit model in fars province indicated that education level diversity index savings acreage loss dueto natural disasters crop insurance farm income income other than farm income proportion of farm income to total income supervision on the part of bank expected time period before receiving the credit kind of activity market situation and duration of repayment period were among factors affecting non repayment rate. among these variables losses due to natural disasters and expected time period before receiving credit had positive while the rest had negative effects on non repayment rate.