P E Adejo, A Labran, O Samuel


This paper analyzed motivational factors for savings and investment among women cassava processors in Yagba East Local Government Area Of Kogi State. A set of well structured questionnaire was administered to 150 respondents. Datat collected were analysed using both descriptive (percentages, mean from Likert scale) and inferential statistics.  The results showed that fear of the unforeseen with mean score of 2.51 and desires for wealth accumulation with mean score of 2.50 were the major factors that influenced their motivations to save and invest. Result also shows that income (P≤0.01), age (P≤0.05), educational level (P≤0.01) and farming experience (P≤0.01) were significant variables that affected savings and investments capacity of the respondent in the study area. While proximity to financial institution with mean score of 2.51 and low income with mean score of 1.97 were identified as the major constraints against savings. Improving women’s participation in cassava processing through the use of improved processing technologies and ensuring their easy access to credit facilities will go a long way to upscale their income which is a function of their savings and investments.

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