Home⇛Psychology and Education: A Multidisciplinary Journal⇛vol. 21 no. 9 (2024)

Credit Services of Land Bank of the Philippines: Level of Acceptability among the Small Farmers in Alabel, Sarangani Province

Norma Salise

Discipline: Finance

 

Abstract:

This study aims to assess the level of acceptability of the credit services of Land Bank of the Philippines (LBP) among the small farmers in Alabel, Sarangani Province who have availed credit services from the said institution. Moreover, the study determined if there is a relationship between the profile of the respondents and the factors of acceptability of credit. This study used quantitative research design particularly the descriptive-correlation research method. Descriptive statistical treatment such as frequency and percentage were applied to analyzed and interpret the gathered data. A survey was conducted and revealed that the small farmers and fishers have high regard to LBP and the credit services of the latter are more than adequate and generally exceeds the criteria relative to acceptability. Furthermore, there is a weak positive relationship between the profile of the small farmers and the acceptability factors. Hence, it signifies that the profile of the small farmers does not influence much on their views about the credit services of Land Bank of the Philippines.



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