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International Journal of Management (IJM) Volume 11, Issue 3, March 2020, pp. 175 185, Article ID: IJM_11_03_019 –Available online at http://iaeme.com/Home/issue/IJM?Volume=11&Issue=3 Journal Impact Factor (2020 10.1471 (Calculated by GISI) www.jifactor.com ): ISSN Print: 0976-6502 and ISSN Online: 0976-6510

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A STUDY ON FARMERS PERCEPTION TOWARDS AGRICULTURAL LOANS IN RURAL AREAS WITH REFERENCE TO RAYALASEEMA

REGION, ANDHRA PRADE SHK. Sarada Siva Reddy

Research Scholar, School of Management, Vel Tech Rangarajan Dr.Sagunthala R&D Institute of Science and Technology, Avadi, Chennai, India.

Dr. Ravishankar K.Associate Professor, School of Management, Vel Tech Rangarajan Dr.Sagunthala R&D

Institute of Science and Technology, Avadi, Chennai, India.

ABSTRACT This paper aims to provide the overall state of rural agriculture loans in the

Rayalaseema region, its status, the impact of credit lending, the role of banking institutions and governance in rural finance expenditures, and the improvement,

barriers, and challenges throughout the years. The objective measure of access to rural agriculture loans is variable which help as to measure credit lending and the

portfolio level of agriculture credit to find managing in financial institution performance. Therefore, the results show that the banks give more access than micro

finance institutions at summation of large loans for agriculture, but at other side banks give less compared to micro financial institutions at summation of small loans for agriculture.

Keywords: Rural agriculture loans, access to finance, credit lending Cite this Article: K. Sarada Siva Reddy, Dr. K. Ravishankar A Study on Farmers , Perception towards Agricultural Loans in Rural Areas with Reference to Rayalaseema Region, Andhra Pradesh, , 11 (3), 2020, International Journal of Management (IJM)pp. 175 185. –

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1. INTRODUCTION According to recent data, the global population growth by 2050 is projected to increase

dramatically. As a result of this, population growth will increase demand for food. Due to increased food demand, it will be impossible to meet these requirements without

strengthening the private production sector. The banking sector in developing countries gives less credit to the agricultural sector and its development. This is the case, although in the

A Study on Farmers Perception towards Agricultural Loans in Rural Areas with Reference to Rayalaseema Region, Andhra Pradesh


developing countries the distribution of agriculture in general GDP is quite large. The barrier for not lending to developing countries is not the lack of liquidity in the banking sector, but the lack of willingness to make the development of the agricultural sector. This fact makes investments in agriculture limited by both participating actors, both farmers and agricultural companies. These agricultural loans, which are available to developing countries, tend to be informal and of a short duration, which is directly related to long-term investments. These

informal agriculture loans only partially cover the needs of farmers and small agricultural businesses, and usually of high interest. Due to the importance of improving and developing

rural economy, which affects the overall economy of a country, employment, and poverty reduction, expanding the rural agriculture loans is the main goal of the institutions and

governments. Therefore, the performance and the risk of these agriculture loans tend to be higher. The interest rates for agriculture loans are higher than the loans for other activities in the region, even though on the 2015 has been recorded a decrease of interest rate of 3.45%.In

the Rayalaseema region agriculture loans are considered as an important instrument for increasing agricultural production and revenue growth, through new technology to get inputs and increase productivity. Challenges faced by financial institutions by providing financial products are threefold. Transaction costs for achieving remote rural populations. The study is necessary because the Rayalaseema Region is considered to be the most backward region in India itself. Many farmers have been committing suicides every year. Most of the youth are leaving for other places for living. There are very few rain falls and the sand is also not fertile. There are no live rivers in the region. Hence it will be helpful for the elected Government of the region to take steps to improve the Agriculture loaning system. There is a lot of scope for

the study because it is a very vast area. Any amount of investigation can be made since farmers are in very poor condition there. For the farmers is a burning problem. Help for the

farmers of the Rayalaseema Region is inevitable. If finance is supplied to the farmers regularly, there may be some improvement in their living standards and their distress may be lessened to some extent.

2. LITERATURE REVIEW Mohan, S (2008) (Mohan, S, “Factors Determing the profitability of Central Co-operative

bank”, Tamilnadu Journal of Co-operation, Vol.8, No.4, Feb, 2008, pp.63-69.) has examined the factors determining the profitability of central co-operative bank. He observes that

profitability ratios invite the serious attention of the management to put an integrated effort to correct the financial Performance. He suggests that the bank should expand its banking operations in such a way that the non-interest income increase substantially in the near future.

The European Association of co-operative Banks (2009) (European Association of Co-operative Banks (April 2009), European Co-operative Banks in Financial and Economic

Turmoil”, Co-operatives in a world in Crisis (Contribution of EACB to the Experts Group meeting) United Nations- -operative Banks in New York.), in its article titled “European Co

Financial and Economic Turmoil” was of the view that despite extensive interest rate cuts,

liquidity injections and support measures the financial markets were not stable. Figures showed that global economy will experience a deep recession in 2009 and perhaps also 2010. But as has been demonstrated, most co-operative bank groups had fortunately been able to weather the financial crisis relatively well so far without any state support. This was due to

the fact that they generally had limited exposure to toxic assets, a predominant focus on domestic retail banking with stable results, strong capital buffers and principally conservative risk management. The co-operative banks that did report losses due to the subprime crisis were affected primarily at the level of subsidiaries and at the level of APEX institutions. The

local banks were not hitted directly by the financial crisis. Co-operative banks were

K. Sarada Siva Reddy, Dr. K. Ravishankar


consequently solid and robust at the local level and accordingly demonstrated stability of the retail banking industry in Europe.

Mayil Murugan, A (2009) (Mayil Murugan, A “An Empirial Analysis of Capital Adequacy Ratio in Central Co- of Co-operation, Vol.9 operative Banks” Tamilnadu Journal

No, Aug, 2009,pp.57-62.) made an Empirical analysis on capital adequacy ratio in Central Co-operative Banks. He observed that capital adequacy has reduced the likelihood of failure and increases liquidity of the bank. He has concluded that fulfilling the capital adequacy norm is not at all the problem for the bank for ever.

Singh and Singh (2010) (Singh and Singh (2010), “Technical and Scale Efficiency in District Central Co-operative Banks of Punjab dian Co-– A Non parametric Analysis”, In

operative Recivew, Vol. XXXXVII, No.1,(Jan),New Delhi.) , in their study titled, “Technical and Scale Efficiency in District Central Co-operative Banks of Punjab – A Non parametric”

Had attempted to investigate the extent of technical efficiency across 20 DCCBs of Punjab with the help of data envelopment analysis. They brought out that size of DCCBs and profits

had been affecting themeasures of technical efficiency significantly. The study further revealed that DCCBs of Punjob were suffering from the problems of managerial irregularities and improper production scale. Appropriate policy interventions by state government, RBI and NABARD have suggested by the authors.

Thomas Victor Raja and Chandramohan (2011) (Thomas Victor Raja, D and Chandramohan, -operative Banks R “Fiancing of women Entrepreneurs by District central Coin Tamil Nadu”, Sourthen Economist, Vol.49, Oct-15, 2011,pp.19-22.) , in their study titled “Financing of Women Entrepreneurs by District central co operative Banks in Tamil Nadu”, -They examined study finding revealed that the women entrepreneurs considered for the study are deserving enough capacity to avail the loans, the borrowing and the repayment of loan did not make any hindrance. The borrowings of the select DCCBs were mainly focusing more on urban women empowerment. This trend must be acknowledgment and recognized effort need to be made to giving more In the case of financial inclusionary attitude, the select DCCBs have been rendering good services to the women community by providing loans in promoting new enterprises of the study area.

Razaullahkhan, M and Hasyikhairul Makeen, (2012) (Razaullahkhan, M and Hasyikhairul Makeen, “Non operative Banks in Jalna”, Sourthen Economist titled -Performing Assets: Co-“Non operative Banks in Jalna”,They examined the financial record of -Performing Assets: -Co

6 co-operative banks of Jalna and Parbhani districts has been used in the form of Annual Reports from the year 2003-04 to 2009-2010, for the purpose of research. Almost all the

banks have shown a fluctuating trend of Net NPA. Some of the banks have succeeded in reducing the quantum of Net NPA in last two years of study. All the banks have earned

certain profit in the entire period of the study period except one bank in one year. The C.A.R. of all the banks is above the prescribed limit of 9% laid down by the RBI.

Sunitha,nR and Raju, J.K, (2013) (Sunitha, R and Raju, J.K, “A comparative study of NPAs of Banking sector”, southern Economist,vol.51, April-15,2013,pp.9-12) in their study

titled “A Comparative study of NPA’s of Banking Sector”, The study observed that the Indian banking sectors especially the private sector have been facing the big challenge of NPAs.

NPAs are an important parameter in the analysis of financial performance of banks. Reduction of NPAs is necessary to improve profitability of the banks and comply with capital adequacy norms. It has been observed that the banking sector in India has responded very positively in the field of enhancing the role of market forces regarding measured of prudential

regulations of accounting, income recognition, provisioning and exposure, introduction of CAMELS supervisory rating system and reduction of NPA and up gradation of technology.



Problems of finance for agricultural and non-agricultural lending operation, especially institutional finance has often given rise to controversies and paucity of finance has been a

major irritant to the farming and non-forming community. It is learnt from the review of literature, that the problem has received considerable attention from academicians and

researchers, while the number of studies on the need for increasing credit, evaluation of the performance of co-operative loans have not been given due importance.

In recent years non-repayment is posing an alarming problem to the co-operative due to which number of co-operative banks are unable to disburse fresh loans. If these terms persist in future, the very existence of co-operative banks will be in jeopardy. Hence it is a need of the day to examine this problem, arrive at definite conclusion and suggest remedies.

Even such studies were not undertaken in Composite Thanjavur District which is proclaimed as the Granary of Tamil Nadu declared as drought prone area for more than a half decade and subsequently worst hit by flood and Tsunami. Kumbakonam Central Co-operative

Bank is located in the granary of Tamil Nadu. Hence loan assets management of Kumbakonam Central Co-operative Bank Limited, Kumbakonam has been undertaken. The present study will fill the gap of knowledge about loan assets management in agricultural and non-agricultural credit in KCCB of Tamil Nadu state as no such study has been made so far in this respect.

3. OBJECTIVES To understand the general farmers characteristics in the study area with confine to

socio economic analysis. –

To make sure the level of attitude of farmers towards settlement of agriculture loans.

4. METHODOLOGY AND OBJECTIVES 4.1. Statement of the Problem The main problem is there is less marketing facilities. The middle men are getting a lot of

income at the cost of both the farmer and the consumer. It is already mentioned that Rayalaseema Region is drought prone. The farmers in the area suffer from many problems. The major problem is shortage of water for agriculture. Most of the times they take loans for agriculture purpose from private people who charge more interest on the loans they give. The farmers are unable to return them in time and thus they are troubled in many ways. Therefore

the recognised banks should help them with Agriculture Loans either interest free or with minimum interest. Another problem is that they don’t get minimum price for the little

production they from lands.

4.2. Need for the study The study is necessary because the Rayalaseema Region is considered to be the most

backward region in India itself. Many farmers have been committing suicides every year. Most of the youth are leaving for other places for living. There are very few rain falls and the sand is also not fertile. There are no live rivers in the region. Hence it will be helpful for the elected Government of the region to take steps to improve the Agriculture loaning system

4.3. Scope of the study There is a lot of scope for the study because it is a very vast area. Any amount of investigation

can be made since farmers are in very poor condition there. For the farmers is a burning problem. Help for the farmers of the Rayalaseema Region is inevitable. If finance is supplied



to the farmers regularly, there may be some improvement in their living standards and their distress may be lessened to some extent.

4.4. Research Design An Research design was adopted for the study, as the variables chosen for the Ex-post-factostudy had already occurred and is proved foul proof. Certainly Research is a Ex-post-Facto

systematic experimental enquiry in which the researchers don’t have direct control of

influencing the variables because it is one- -one interviews and collection. to

4.5. Sampling Procedure The Rayalaseema Region is chosen intentionally for the study because the investigator

belongs to Chittoor District which is located in the same region of Rayalaseema. Secondly the authors are very familiar with the local language which certainly helps to build up quick

rapport and also enable in-depth study combined with personal observation The Rayalaseema region consists of four districts such as Anantapuram, Chittoor, Cuddapah and Kurnool are selected. Each district is projected as one Block. Each Block contains seven villages which

are chosen randomly and the Respondents are interviewed instantly without any prior information and therefore the Data collection is original. From each block seven villages were selected randomly.

Sample size : 616 Sampling unit Rayalaseema Region :

Sampling Areas : Chittoor, Anantapuramu, Kurnool, Cuddapah districts Overall, a total of twenty-eight (4x7) villages were selected for the investigation.

4.6. Methodology of the Study The primary data is collected from farmers in the Rayalaseema Reggion by meeting them personally and asking a pre-prepared questionnaire face- -face and record their statements. toThe sample size is 616. By using data collection the investigator uses random sampling by interview method. The secondary data is collected from the already prepared sources such as books, magazines, journals, Government websites, other theses written on the subject etc.

4.7. Tools of Analysis The data were subjected to percentages. Percentage is the number, amount, rate etc.,

expressed as if it is part of a total which is 100. The responses of the farmers were analyzed by using the ranking method in sum of the variables. Ranks were assigned for all the

statements as per the priorities given by the respondents.

4.8. Limitations of the Study The study has certain limitations as indicated below:

The study has the limitation of time resources available for a single investigator. The items included in the study for detailed investigation are also limited because it i

not possible to study all the areas in a short span of time. The area of investigation is restricted to one Block in one District. As such

generalization of the study can be extended to the areas where similar condition exist, but may not have wider applicability.

The study is based on the individual expression of Agriculture Loan borrowers which may not be free from personal bias.



5. ANALYSIS AND DISCUSSION

Table 1 Distribution of respondents according to their age

S. No. Age No.of Respondents Percentage 1 Young (up to 35 years) 127 20.62 2 Middle (35-55 years) 206 33.44 3 Old (above 55 years) 283 45.94 Total 616 100

Table. No. 1 shows the distribution of respondents according to their age. There are three

categories of people according to the table. Up to the age of 35 there are 20.62 percent and they are young. Between the age 35-55 who are middle aged are 33.44 percent. Above 55

years who are called old are 45.94 percent. Thus a total no. of 616 respondents has been questioned. It is observed that the majority are old according to the table.

Table 2 Distribution of respondents according to their education

S. No. Education No. of Respondents Percentage 1 No Formal Education 428 69.48 2 Below High School 132 21.43 3 High Secondary 56 9.09 4 Graduate 0 0 5 Post Graduate 0 0 6 Professional 0 0 Total 616 100

Table No: 2 shows the distribution of respondents according to their education. The

percentage of normal education is the highest with 69.40 and at the same time the percentage Graduate, Post-graduate and professionals is zero because it is rural areas of Rayalaseema. The percentage of Below High School is 21.43 and the Percentage of higher secondary is 9.09.

Table 3 Distribution of respondents according to their Area of living

S. No. Area of Living No. of Respondents Percentage 1 Rural 504 81.82 2 Urban 112 18.18 Total 616 100

Table No: 3 shows the Distribution of respondents according to their Area of living. The

percentage of the area of Rural living is 81.82 and it is a lot more than the Urban living . The Urban Living is just 18.18 percent. Thus the rural area where people depend upon Agriculture is more according to the table.

Table 4 Distribution of respondents according to their Marital Status

S. No. Marital Status No. of Respondents Percentage 1 Married 539 87.5 2 Unmarried 77 12.5 Total 616 100



Table No: 4 shows the Distribution of respondents according to their Marital Status. The percent of Married is 87.5 which is a lot more than the unmarried. The Unmarried is just 12.5 percent. It is clear from the table that both Married and Unmarried depend on Agriculture a lot.

Table 5 Distribution of respondents according to the Status of Family

S. No. Status of Family No. of Respondents Percentage 1 Nuclear 476 77.27 2 Joint 140 22.73 Total 616 100

Table No: 5 shows the Distribution of respondents according to the Status of Family. The

percentage of Nuclear is 77.27 and the percentage of Joint families is 22.73. Majority being Nuclear shows the self-centric attitude of the younger generation which is not good for the future.

Table 6 Distribution of respondents according to their Members of Family

S. No. Members of Family No. of Respondents Percentage

1. Below 3 Members 448 72.73 2. 3-6 Members 168 27.27 3. 7-9 Members 0 0 4. Above 9 Members 0 0 Total 616 100

Table No: 6 show the Distribution of respondents according to their Members of Family.

The percentage of below 3 members is 72.73 and between 3 and 6 the percentage is 27.27. Because of more Nuclear families more number of members are not visible in the table.

Table 7 Rank ordering of statement of Social improvement.

S. No. Particulars No. of Respondents Percentage Rank 1. Recognition by other farmers 401 65.2 2 2. Increased social contacts 455 73.9 1 3. Recognized as an opinion 192 31.2 3 4. Membership in one

organization 83 13.5 4

5. Membership in more than one organization

56 9.2 5

From the above table it is observed that, majority of respondents possessed increased

social contact after getting Agriculture loan (rank1) followed by recognition by other farmers (rank2) recognized as an opinion leader (rank3), membership in one organization (rank4)and membership is more than one organization (rank5). Farmers increased their social contacts with their fallow farmers, neighbours and relatives. They have been identified by the fellow farmers as the avail of Agriculture loans may influence other farmers



Table 8 Distribution of respondents according to their social improvement.

S.No Social improvement No. of Respondents Percentage 1 Low 364 59.09 2 Medium 198 32.14 3 High 54 8.77

Total 616 100

From the above table it is clearly shows that, majority of the respondents 59.09% possessed low social improvement followed by medium32.14% and high 8.77% social

improvement.

Table 9 Distribution of respondents according to their economic improvement

S.No Economic improvement No. of Respondents Percentage 1 Low 437 71.00 2 Medium 138 27.21 3 High 11 1.79

Table No. 9 indicated that there was not much economic improvement due to Agriculture

loan system. This was due to the reason that Agriculture loan alone does not make significant economic difference in terms of purchase of new additional land, equipment, sprayers etc.The

agriculture loan was invested on activites like hiring charges, wages etc. which can not directly contribute to the economic improvement.

Table 9 Rank ordering of the statements of level of attitude of farmers towards agriculture loan.

S.No Particulars SA A UD DA SD NR Rank 1 Agricultural loan will help farmers 184

(29.87) 278

(45.12) 72

(11.68) 43

(6.98) 39

(6.33) 616 I

2 Agricultural loans are easily accessible

151 (24.51)

252 (40.90)

96 (15.58)

64 (10.38)

53 (8.60)

616 XI

3 Agricultural loans system will remove all The bottlenecks faced by cultivators

106 (17.20)

143 (23.21)

237 (38.47)

78 (12.66)

52 (8.44)

616 XX

4 Agricultural loan amount per acre isnot adequate to meet all the production expenses

162 (26.29)

245 (39. ) 77

75 (12. 17)

68 (11.03)

66 (10.71)

616 XVIII

5 Productivity will increased be by agricultural loans

46 (7.46)

78 (12.66)

1 12(18.18)

143 (23.21)

237 (38.46)

616 XXI

6 Taking agricultural loans generate more employment

51 (8.27)

62 (10.06)

246 (39.91)

153 (24.83)

104 (16.88)

616 XVII

7 Agricultural loan system creates interest to the farmers to increase the production by increasing area under cultivation

147 (23.86)

256 (41.55)

98 (15.90)

74 (12.01)

41 (6.65)

616 VIII

8 Food problems of our country can be solved by this agricultural loan system

55 (8.92)

87 (14.12)

228 (37.01)

134 (21.75)

112 (18.18)

616 XXVI

9 Agricultural loan system helpful is torich farmers only

68 (11.03)

76 (12.33)

234 (37.98)

141 (22.88)

97 (15.74)

616 XXIII

10 Seasonality is fixed in the recovery of agricultural loans

133 (21.59)

242 (39.28)

91 (14.77)

84 (13.63)

66 (10.71)

616 XXV

11 Getting agricultural loan against isprestige and status of farmers

41 (6.65)

54 (8.76)

112 (18.18)

119 (19.31)

236 (38.31)

616 XXII

12 Illiterate farmers are unaware of the procedure of getting loan

57 (9.25)

64 (10.38)

258 (41.88)

133 (21.59)

104 (16.88)

616 VII

13 Farmers have spend money initially to 128 264 78 (12.66) 81 65 616 III



forgetting agricultural loans sanctioned

(20.77) (42.85) (13.14) (10.55)

14 Influence is required get the toagricultural loans

66 (10.71)

78 (12.66)

91 (14.77)

134 (21.75)

247 (40.0 9)

616 XIIII

15 High yielding varieties can becultivated by providing agricultural loans

164 (26.62)

252 (40.90)

113 (18.34)

48 (7.79)

39 (6.33)

616 XII

16 Agricultural loan system plays an important role in transforming traditional agriculture into modern agriculture

152 (24.67)

248 (40.25)

107 (17.37)

56 (9.09)

53 (8.60)

616 XIII

17 Present procedure lending of ofagricultural loan is not satisfactory

66 (10.71)

74 (12.01)

246 (39.93)

127 (20.61)

103 (16.72)

616 XV

18 Too much procedural delay of isinvolved for obtaining agricultural loans

69 (11.20)

78 (12.66)

84 (13.63)

132 (21.42)

253 (41.07)

616 IX

19 Taking agricultural loans will influence agriculture pattern

234 (37.97)

146 (23.70)

97 (15.74)

72 (11.68)

67 (10.87)

616 XXIIII

20 Agricultural loan system good, is if itlays down a specific procedure to befollowed the society bank by or

153 (24.83)

262 (42.53)

74 (12.01)

68 (11.03)

59 (9.57)

616 V

21 Majority of the farmers do not get agriculture loan from lending agencies in time

246 (39.92)

154 (25.00)

82 (13.31)

73 (11.85)

61 (9.90)

616 XVI

22 Though the agriculture loan system is good, vested interests are working against the success of agricultural loan system

49 (7.95)

86 (13.96)

106 (17.20)

137 (22.24)

238 (38.63)

616 XVIIII

23 Farme are not getting higher prices rsas they have repay the agriculture toloan system

96 (15.58)

148 (24.02)

253 (41.07)

62 (10.06)

57 (9.25)

616 X

24 Rate interest high under of isagricultural loan system

47 (7.62)

54 (8.76)

86 (13.96)

153 (24.83)

276 (44.80)

616 II

25 Agricultural loan is more beneficial to farmers since it is provided in cash

148 (24.02)

257 (41.72)

113 (18.34)

54 (8.76)

44 (7.14)

616 VI

26 Availing institutional credit safer isthan non-institutional credit

263 (42.69)

156 (25.32)

94 (15.25)

57 (9.25)

46 (7.46)

616 IV

SA: Strongly Agree; A: Agree; UD: Undecided; DA: Disagree; SD: Strongly Disagree; NR: No. of Respondents

From the above Table No. 9 it is clearly indicated that, majority of the farmers felt that agriculture loan will help them(Rank I) followed by rate of interest is high under agriculture

loan system (RankII), farmers have to spend money initially for getting agriculture loan sanctioned (RankIII), availing institutional credit is safer non-institutional credit (RankIV),

agriculture loan system is good, if it lays down a specific procedure to be followed by the society or bank (RankV), agriculture loan is more beneficial to farmers since it is provided in

cash (RankVI), illiterate farmers are unaware of the procedure of getting agriculture loan (RankVII), agriculture loan system creates interest to the farmers to increase the production by increasing area under cultivation (RankVIII), too much of procedural delay is involved for

obtaining agriculture loan (RankIX), farmers are not getting higher prices as they have to repay the agriculture loan system (RankX), agriculture loans are easily accessible (RankXI), high yielding varieties can be cultivated by providing agriculture loans (RankXII), agriculture

loan system plays an important role on transforming traditional agriculture in to modern agriculture (RankXIII), influence is required to get the agriculture loans (RankXIIII), present procedure of lending of agriculture loan is not satisfactory (RankXV), majority of the farmers do not get agriculture loan from the lending agencies in time (RankXVI), taking agriculture



loans generate more employment (RankXVII), agriculture loans amount per acre is not adequate to meet all the production expences (RankXVIII), though the agriculture loan system

is good, vested interests are working against the success of agriculture loan system (RankXVIIII), agriculture loans system will remove all the bottlenecks faced by cultivators (RankXX), productivity will be increased by agriculture loans (RankXXI), getting agriculture loan is against to the prestige and status of farmers (RankXXII), agriculture loan system is

helpful to rich farmers only (RankXXIII), taking agriculture loans will influence cropping pattern (RankXXIIII), seasonality is fixed in the recovery of agriculture loans (RankXXV), food problem of our country can be solved by this agriculture loan system (RankXXVI).

6 CONCLUSION . From the above study it can be concluded that,

Above 55 years who are called old are 45.94 percent and it is the majority. The percentage of normal education is the highest with 69.40 and it is the majority. The percentage of the area of Rural living is 81.82 and it is the majority. The percent of Married is 87.5 which is a lot more than the unmarried and therefore it

is the majority. The percentage of Nuclear is 77.27 and it is the majority. The percentage of below 3 members is 72.73 and it is the majority. The majority of the farmers felt that agriculture loan will help them followed by rate ,

of interest is high under agriculture loan system. Farmers have to spend money initially for getting agriculture loan sanctioned. Agriculture loans in rural areas depends on a number of factors, such as purpose for

which agriculture loans is taken, tenure of the agriculture loans, interest rates. The farmers borrows a agriculture loans meant for income generating purpose and uses it for that then it is likely to generate a future income

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