Credit in Livestock Farming

This study was done in 2009 to assess use and effect of credit on livestock farming in Tanahun. Survey was carried out on creditors, 35 each from Sirjana Bikas Kendra (SBK), Agricultural Development Bank Ltd (ADBL), and Sewar Dairy Cooperative (Sewar). About 74% were found taking loan for bovines,10.5% for pig, 7.6% for goat and 7.6% for poultry. About 83%,37% and 63% creditors from SBK, ADBL and Sewar were found using credit rightly. No creditors from SBK, 17.1% each from ADBL and Sewar were found misusing credit. Credit showed positive effect on housing structure. No. of creditors living in thatched mud house were reduced to 22.9% from 28.5% in SBK and 5.7% from 8.6% in Sewar. Tin cemented house owner in ADBL was increased to 62.9% from 60%. Average income of creditors from SBK, ADBL and Sewar was increased by 84%, 62% and 51% after using the credit. Saving was increased by 47%, 41% and 28% in SBK ADBL and Sewar. Better supervision, establishment of market centre, providing fodder and forage seed, lowering interest rate, training, encouragement to saving are suggested for better use of livestock credit.