부산대학교 도서관

Income generation is a constraint of smallholder farming; the best way to increase income generation in Rwandan agriculture is farmers’ accessibility to financial institutions. Saving and credit cooperatives (SACCOs) are the main providers of microcredit to smallholder farmers, and this study assesses the impact of SACCOs on income smallholder farmers in Rwanda. To achieve the objective, primary data were employed, and both descriptive and econometric models were adopted to achieve the research objective. The findings revealed that members of SACCOs earn more income than non-members, and a bi-directional relationship between income and participation in SACCOs was discovered. However, 62% of smallholder farmers participated in SACCOs and a small percentage of members requested loans. The government and SACCOs initiate insurance schemes for the members to smallholder farmers to join SACCOs as more use of financial services/products.