“…Access to formal and informal credit facilities have a positive and significant impact on agricultural production (Akudugu, 2016;Nan, Gao, & Zhou, 2019). Insufficient finance becomes a key obstacle to rice productivity Ojochenemi, Gabriel, and Ogwuche (2017), and a significant setback to modern technology adoption (Hena, Jingdong, Zhang, Memon, & Khalil, 2019). Besides, a study by Hena et al 2019and Nonvide, Sarpong, Kwadzo, Anim-Somuah, and Gero (2017) shows access to adequate credit facility increases the productivity of farmers, eases proper utilization of inputs, permits new technology adoption, and provides an opportunity for enhancing technical skills.…”