Vol. 2, Issue 1, Part A (2020)

One hundred and twenty livestock farmers selected using multi-stage random sampling techniques were used for the study. Structured questionnaire and oral interview were used to collect information for the study. Percentage responses and multinomial logistics regression analysis were used to capture the objectives. The results show that the major informal institutional loan sources by the respondents were Rotating Savings and Credit Associations (ROSCAs) and personal savings. Also, the determinant factors to choice of informal sources of credit access were age of the farmer, educational level, land holding, membership of organization, flock size and rearing status. There is need to enhance farmers’ access to credit facility, educational program and to encourage farmers to form or join cooperative society.