ABSTRACT  The study examined how the household factors of members of Farmers' Multipurpose cooperative societies influence their abilities to repay group loans. The study was conducted in Anambra State, Nigeria. Data were collected using structured questionnaire that was administered to a total of 296 members of Farmers' multipurpose cooperative societies randomly selected from the three geopolitical zones of the state. Ten selected farmers' household factors were regressed on group loan repayment using multiple regression analysis. Frequency distribution, percentages and means were used to analyze the socioeconomic characteristics of the selected farmers as well as those factors that lead to group loan default among these respondents. The regression coefficients from the lead regression function showed that household size, value of assets, off farm income, dependency ratio and total value of loans were household factors significant in influencing group loan repayment. The study also showed that the perception of possible loan forgiveness in the programme, impossibility of foreclosure of assets, failure of other farmers in the group to repay and thinking of the loan as national cake/grant were precursors to delinquency in group loans.

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