The study examined the activities of NACRBD with a view to determine the amount of
loan disbursed compared to amount of loan applied for, the nature of loan repayment
performance of beneficiaries of NACRDB credit loan, lapses associated with loan to
disbursement and repayment schedules and impact of proper supervision on loan
recovery. Data for the study were collected through questionnaires, a total number of fifty
(50) beneficiaries of NACRDB credit scheme were selected randomly from the study
areas . Data collected were analysed using simple descriptive statistical tools, such as
mean, percentage and frequency table in order to achieve the stated objectives. From the
evaluation of loan schemes, it was found that there were short fall when comparing the
amount of loan applied for, to the actual amount disbursed to beneficiaries, loan were not
timely granted some sincere seekers were unable to benefit from credit scheme partially
due to lack of adequate financing of NACRDB by the apex bank; the efficiency of methods
employed by the bank as regard to loan supervision was scored low as a result of low
rate of loan recovery, which will not augur well, if the bank’s contribution to the
development agricultural sector of the economy was to be sustained. It was recommended
that loans should be disbursed on time to farmers as at when due so that they can make
use of it for agricultural production, NACRBD should employ better strategy to recover
outstanding debts and reduce interest charge on loans.