Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone

Dawit Udessa Gede

doi:doi:10.11648/j.eco.20231202.14

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Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone

Dawit Udessa Gede

Published in Economics (Volume 12, Issue 2)

Received: 25 June 2022 Accepted: 23 February 2023 Published: 20 June 2023

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Abstract

This study was initiated with the aim of assessing factors affecting saving habit of coffee producers in Bule Hora Woreda West Guji Zone and further to investigate effects of identified factors on saving intension and abilities of households. Study was employed both qualitative and quantitative research approach with descriptive and explanatory research design. Data collected from both primary and secondary sources through data collection tools such as observation, interview and written questionnaires. 5-point Likert scale questions were employed to for the deep investigation of respondents attitudinal and feeling with regard to study issue. 215 households were included in sample using both random and non random sampling technique. Descriptive statistical tool such as mean, standard deviation, table, Percentages, and frequencies were used to analyze descriptive part, whereas, inferential statistics were used to analyze cause and effect relationship between dependent and independent variables. Qualitative data were analyzed in narrative form and also used as cross validation for quantitative data. Findings of the study reveals that the household family size, household consumption pattern, resource management and availability of saving institutions are major factors that affect saving intension and ability of the households in study area. Based on the findings researcher recommended that the farmers in the area need to special attention for consumption and resource management. Researcher also forwarded recommendation for governing organs to facilitate saving institutions for coffee producers rural households to initiate savings.

Published in	Economics (Volume 12, Issue 2)
DOI	10.11648/j.eco.20231202.14
Page(s)	61-71
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Intension to Save, Ability to Save, Consumption Pattern, and Household Income

References

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[17]	Tsega Hagos and Yemane Michael, 2014, Determinants of household saving in Ethiopia: A case of North Gondar Zone, Amhara Regional State, Ethiopia. International Journal of Development and Economic Sustainability, 2 (4): 37-49.
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APA Style

Dawit Udessa Gede. (2023). Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone. Economics, 12(2), 61-71. https://doi.org/10.11648/j.eco.20231202.14

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Dawit Udessa Gede. Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone. Economics. 2023, 12(2), 61-71. doi: 10.11648/j.eco.20231202.14

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AMA Style

Dawit Udessa Gede. Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone. Economics. 2023;12(2):61-71. doi: 10.11648/j.eco.20231202.14

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@article{10.11648/j.eco.20231202.14,
  author = {Dawit Udessa Gede},
  title = {Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone},
  journal = {Economics},
  volume = {12},
  number = {2},
  pages = {61-71},
  doi = {10.11648/j.eco.20231202.14},
  url = {https://doi.org/10.11648/j.eco.20231202.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.eco.20231202.14},
  abstract = {This study was initiated with the aim of assessing factors affecting saving habit of coffee producers in Bule Hora Woreda West Guji Zone and further to investigate effects of identified factors on saving intension and abilities of households. Study was employed both qualitative and quantitative research approach with descriptive and explanatory research design. Data collected from both primary and secondary sources through data collection tools such as observation, interview and written questionnaires. 5-point Likert scale questions were employed to for the deep investigation of respondents attitudinal and feeling with regard to study issue. 215 households were included in sample using both random and non random sampling technique. Descriptive statistical tool such as mean, standard deviation, table, Percentages, and frequencies were used to analyze descriptive part, whereas, inferential statistics were used to analyze cause and effect relationship between dependent and independent variables. Qualitative data were analyzed in narrative form and also used as cross validation for quantitative data. Findings of the study reveals that the household family size, household consumption pattern, resource management and availability of saving institutions are major factors that affect saving intension and ability of the households in study area. Based on the findings researcher recommended that the farmers in the area need to special attention for consumption and resource management. Researcher also forwarded recommendation for governing organs to facilitate saving institutions for coffee producers rural households to initiate savings.},
 year = {2023}
}

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TY  - JOUR
T1  - Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone
AU  - Dawit Udessa Gede
Y1  - 2023/06/20
PY  - 2023
N1  - https://doi.org/10.11648/j.eco.20231202.14
DO  - 10.11648/j.eco.20231202.14
T2  - Economics
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JO  - Economics
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AB  - This study was initiated with the aim of assessing factors affecting saving habit of coffee producers in Bule Hora Woreda West Guji Zone and further to investigate effects of identified factors on saving intension and abilities of households. Study was employed both qualitative and quantitative research approach with descriptive and explanatory research design. Data collected from both primary and secondary sources through data collection tools such as observation, interview and written questionnaires. 5-point Likert scale questions were employed to for the deep investigation of respondents attitudinal and feeling with regard to study issue. 215 households were included in sample using both random and non random sampling technique. Descriptive statistical tool such as mean, standard deviation, table, Percentages, and frequencies were used to analyze descriptive part, whereas, inferential statistics were used to analyze cause and effect relationship between dependent and independent variables. Qualitative data were analyzed in narrative form and also used as cross validation for quantitative data. Findings of the study reveals that the household family size, household consumption pattern, resource management and availability of saving institutions are major factors that affect saving intension and ability of the households in study area. Based on the findings researcher recommended that the farmers in the area need to special attention for consumption and resource management. Researcher also forwarded recommendation for governing organs to facilitate saving institutions for coffee producers rural households to initiate savings.
VL  - 12
IS  - 2
ER  -

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Author Information

Dawit Udessa Gede

Department of Management College of Business and Economics, Bule Hora, Ethiopia

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APA Style

Dawit Udessa Gede. (2023). Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone. Economics, 12(2), 61-71. https://doi.org/10.11648/j.eco.20231202.14

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ACS Style

Dawit Udessa Gede. Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone. Economics. 2023, 12(2), 61-71. doi: 10.11648/j.eco.20231202.14

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AMA Style

Dawit Udessa Gede. Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone. Economics. 2023;12(2):61-71. doi: 10.11648/j.eco.20231202.14

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@article{10.11648/j.eco.20231202.14,
  author = {Dawit Udessa Gede},
  title = {Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone},
  journal = {Economics},
  volume = {12},
  number = {2},
  pages = {61-71},
  doi = {10.11648/j.eco.20231202.14},
  url = {https://doi.org/10.11648/j.eco.20231202.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.eco.20231202.14},
  abstract = {This study was initiated with the aim of assessing factors affecting saving habit of coffee producers in Bule Hora Woreda West Guji Zone and further to investigate effects of identified factors on saving intension and abilities of households. Study was employed both qualitative and quantitative research approach with descriptive and explanatory research design. Data collected from both primary and secondary sources through data collection tools such as observation, interview and written questionnaires. 5-point Likert scale questions were employed to for the deep investigation of respondents attitudinal and feeling with regard to study issue. 215 households were included in sample using both random and non random sampling technique. Descriptive statistical tool such as mean, standard deviation, table, Percentages, and frequencies were used to analyze descriptive part, whereas, inferential statistics were used to analyze cause and effect relationship between dependent and independent variables. Qualitative data were analyzed in narrative form and also used as cross validation for quantitative data. Findings of the study reveals that the household family size, household consumption pattern, resource management and availability of saving institutions are major factors that affect saving intension and ability of the households in study area. Based on the findings researcher recommended that the farmers in the area need to special attention for consumption and resource management. Researcher also forwarded recommendation for governing organs to facilitate saving institutions for coffee producers rural households to initiate savings.},
 year = {2023}
}

Copy | Download

TY  - JOUR
T1  - Factors Affecting Rural Household Saving Intension and Ability Case of Coffee Producers in Bule Hora Woreda of West Guji Zone
AU  - Dawit Udessa Gede
Y1  - 2023/06/20
PY  - 2023
N1  - https://doi.org/10.11648/j.eco.20231202.14
DO  - 10.11648/j.eco.20231202.14
T2  - Economics
JF  - Economics
JO  - Economics
SP  - 61
EP  - 71
PB  - Science Publishing Group
SN  - 2376-6603
UR  - https://doi.org/10.11648/j.eco.20231202.14
AB  - This study was initiated with the aim of assessing factors affecting saving habit of coffee producers in Bule Hora Woreda West Guji Zone and further to investigate effects of identified factors on saving intension and abilities of households. Study was employed both qualitative and quantitative research approach with descriptive and explanatory research design. Data collected from both primary and secondary sources through data collection tools such as observation, interview and written questionnaires. 5-point Likert scale questions were employed to for the deep investigation of respondents attitudinal and feeling with regard to study issue. 215 households were included in sample using both random and non random sampling technique. Descriptive statistical tool such as mean, standard deviation, table, Percentages, and frequencies were used to analyze descriptive part, whereas, inferential statistics were used to analyze cause and effect relationship between dependent and independent variables. Qualitative data were analyzed in narrative form and also used as cross validation for quantitative data. Findings of the study reveals that the household family size, household consumption pattern, resource management and availability of saving institutions are major factors that affect saving intension and ability of the households in study area. Based on the findings researcher recommended that the farmers in the area need to special attention for consumption and resource management. Researcher also forwarded recommendation for governing organs to facilitate saving institutions for coffee producers rural households to initiate savings.
VL  - 12
IS  - 2
ER  -

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