Function of the respondent in the farm: 1= Owner / 2 = Chief Manager. Q2. Age of respondent ... Sheep and goats â sale of animals and meat. Pigs. Poultry and ...
Questionnaire for Farmers NOTE TO INTERVIEWER: FILL THIS SECTION OUT BEFORE THE INTERVIEW. PLEASE DO NOT ASK THE QUESTIONS IN SECTION 0 (EXCEPT PHONE NUMBER, WHICH SHOULD BE OBTAINED AT THE END OF THE INTERVIEW) Questionnaire No.: _______
Date of Interview:___/___/_____ ID of Interviewer: ________________
District: 1 . Rajshahi / 2. Moulvibazar
Location of the business (town/village): ________________
Population of village/town __________________
Location: 1. Urban / 2. Rural
Name of enterprise: ______________________________________________________________________ Address of enterprise: ____________________________________________________________________ Phone number (mobile, if available) ________________________________________________________ Gender of the respondent:
1. Male / 2. Female
NOTE TO INTERVIEWER: TALK TO ENTERPRISE OWNER WHEN POSSIBLE. IF OWNER NOT AVAILABLE, TALK TO CHIEF MANAGER ONLY. IF INTERVIEWING MANAGER, ASK QUESTIONS ON OWNERSHIP AND FAMILY EMPLOYMENT RELATIVE TO ENTERPRISE OWNER (QUESTIONS 2 – 5) Q1. Function of the respondent in the farm: 1= Owner / 2 = Chief Manager Q2. Age of respondent ________ Q3. How many years have you attended school altogether (including university, if applicable)? ________ Q4. How many years have you been running this business? ________ Q5. 5.1 How 5.2 How 5.3 How 5.4 How
many many many many
permanent employees does your farm employ in total? ________ seasonal employees does your farm employ at peak season? ________ of your permanent employees are members of your family (apart from yourself)? ______ of your seasonal employees are members of your family (apart from yourself)? ________
Q6. Is your farm registered with fiscal authorities? 1 = Yes / 2 = No Q7. How much land do you: A. own? _________ hectares; B. lease in/rent in?________ hectares Q8. What share of your production do you and your family sell (and not consume yourselves)? 1. We sell nearly everything 2. We sell most 3. We sell about half 4. We sell less than half Q9. What kind of crops/livestock do you raise and get revenue from? From which source the primary income comes from? NOTE TO INTERVIEWER: PLEASE FIRST TICK THE CROPS/LIVESTOCK THE RESPONDENT GETS THE REVENUE FROM. FOR SELECTED CATEGORIES, ASK ABOUT THE PRIMARY SOURCE OFINCOME AND THE PROPORTION OF ITS CONTRIBUTION TO TOTAL REVENUE. WRITE THE PROPORTION (% OF TOTAL INCOME) IN THE APPROPRIATE BOX. Crops: Vegetables
Fruits Barley Cotton Rice Wheat Sugarcane Other _____________________ Livestock:
milk, yoghurt, cheese, ‘duugh’ Cows – sale of animals and meat Sheep and goats – sale of animals and meat Pigs Poultry and eggs Fish Other _____________________ Q10.
Is your business profitable during the whole year? Yes / No
NOTE TO INTERVIEWER: IF THE ANSWER IS YES, SKIP TO QUESTION 12. Q11.
How many months does your agribusiness have positive cash flow? _________
Q12.
Do you and your family keep written financial records of revenues and expenses? 1 = Yes/2 = No
Q13. NOTE TO INTERVIEWER: THIS INFORMATION IS VERY IMPORTANT. PLEASE COMMUNICATE TO THE RESPONDENT THAT THE SHARED INFORMATION WILL REMAIN CONFIDENTIAL AND WILL NOT BE SHARED WITH THE AUTHORITIES. 13.1 Please fill in values in the following table about your vegetable business (in thousands of BDT) NOTE TO INTERVIEWER: PLEASE ENTER AVERAGE DATA ONLY ABOUT ONE GROWING CYCLE (SEASON). One growing cycle (season) Value of sales (revenues) Costs Land preparation (machinery/labour cost) Seeds and plants Fertilizers Pesticides / herbicides harvest (machinery/labour cost) Transportation Energy (Electricity, gas etc.) Rent Licences, fees Other Total Costs Value of profits 13.2 How many growing cycles do you have per year? _____________ 13.3 How many months does each growing cycle last? _____________ 13.4 Please fill in values in the following table about your agri-business (in thousands of BDT) Value of buildings/land owned Values of equipment and vehicles owned Value of livestock Value of Inventories (raw materials, semi-finished
goods, finished goods) Value of Debt Value of personal and family expenses Q14.
How much does each of these sources contribute to the revenues of your family?
Total annual revenue from other sources (other than vegetables) Foreign Remittances Government service or pension Profit from other crops than vegetables Profit from livestock Profit from other non agri-business Outside job of other family members in the household Other sources Other sources
in thousands of BDT
Please specify kind of other non agri-business(es)_____________________ Please specify kind of other source(s) ____________________________ Q15. 1. 2. 3. 4. 5.
Please evaluate the development of your business over the last 24 months. Declined significantly Declined somewhat Remained the same Improved somewhat Improved significantly
Q16. In the last 12 months, what proportion of your firm’s working capital and new fixed investment has been financed from each of the following sources? Working capital Proportion (%) Firm’s internal funds/Retained earnings Debt CHECK THAT TOTALS ARE Q17.
New investments Proportion (%)
100%
100%
Do you save money? 1 = Yes / 2 = No
NOTE TO INTERVIEWER: IF THE ANSWER ON QUESTION 17 IS “NO”, SKIP TO THE QUESTION 22. Q18.
How much do you have in savings? ________
Q19.
Over what period (how many months) have you accumulated these savings? ___________
Q20.
Do you have a savings account with a financial institution? 1 = Yes / 2 = No
NOTE TO INTERVIEWER: IF THE ANSWER ON QUESTION 20 IS “NO”, SKIP TO THE QUESTION 23. Q21.
What annual interest rate do you earn? _________
NOTE TO INTERVIEWER: IF THE BOTH ANSWERS ON QUESTIONS 17 AND 20 ARE “YES”, SKIP TO THE QUESTION 23. IF ANY OF THE ANSWERS IS “NO” CONTINUE. Q22.
What is the primary barrier to save? 1. lack of Cash
2. 3. 4. 5. Q23.
Lack of institutions to save Not being able to immediately get money Don’t trust financial institutions Other (Specify) ____________________
Do you receive or transfer money through financial institutions? a) Domestically 1 = Yes / 2 = No b) Internationally 1 = Yes / 2 = No
NOTE TO INTERVIEWER: IF BOTH ANSWERS ON QUESTION 23 ARE “NO”, SKIP TO THE QUESTION 25. IF ONE OF THE ANSWERS IS YES, CONTINUE. Q24.
For what purposes do you receive/transfer money? 1. Payment/Receipt of business 2. Remittances from family members 3. Other
Q25.
How 1. 2. 3. 4. 5.
frequently do you need to exchange money? Daily Once a week Once a month Infrequently Not at all
NOTE TO INTERVIEWER: IF THE ANSWER ON QUESTION 25 IS “NOT AT ALL”, SKIP TO THE QUESTION 28. Q26.
Approximately, how much you exchange each time? (in BDT) ________
Q27.
Do you exchange money at financial institutions? 1 = Yes / 2 = No
Q28. What is the approximate distance you have to travel and approximate time it takes to travel to the nearest lending financial institution? ___________ in kms __________ in minutes Q29. In your opinion, if you want to get a loan from a financial institution, how important are the following factors? (Rate from 1 to 5, with 1 being least important and 5 very important): 1. Convenient location of financial institution 2. Quick disbursement of loan (quick processing of loan application) 3. Quality of service of financial institution’s staff 4. Low interest rate/cost of borrowing 5. Convenient repayment period 6. Absence of requirement for immovable property as collateral 7. Availability of other financial services from same financial institution Q30.
1 1 1 1 1 1 1
2 2 2 2 2 2 2
3 3 3 3 3 3 3
4 4 4 4 4 4 4
5 5 5 5 5 5 5
Have you applied for a loan from a financial institution in the previous three years? 1. Yes
2. No
NOTE TO INTERVIEWER: IF THE ANSWER TO QUESTION 30 IS “YES”, MOVE TO QUESTION 32. Q31.
What were the reasons you have not applied for a loan with a financial institution? (mark up to two)
NOTE TO INTERVIEWER: DO NOT READ ANSWER CHOICES TO THE RESPONDENT. MARK THE CATEGORY TO WHICH HIS ANSWER MOST CLOSELY CORRESPONDS. IF UNCLEAR, MARK AS OTHER AND SPECIFY a. Primary reason (mentioned first) ______ b. Secondary reason (mentioned after primary reason) ________ (0 if only one reason was given) 1. High interest rates 2. Short loan term (maturity) 3. Excessive collateral requirements
4. Lengthy application process 5. High costs associated with borrowing 6. No lending financial institution in convenient proximity to my business/residence 7. High risks – uncertain of own ability to pay interest and repay principal 9. Did not know could receive credit from a financial institution 10. Did not apply because was denied credit earlier 11. Don’t need a loan 12. Other (please specify) __________________________________________________ Q32. Have you received a loan in the previous three years (2002 – 2005), including loans from informal sources, such as family and friends? 1. Yes
2. No
NOTE TO INTERVIEWER: IF THE ANSWER TO QUESTION 32 IS “NO”, MOVE TO QUESTION 35. Q33.
Please provide information about loans you received in 2002-2005 in table below. Bank
1 2 3 4 5 6 7
Non-Bank Credit Organization
Family and Friends
Other informal sources (pawnshop, moneylender)
Other (Specify) __________
# of loans Total amount received (BDT) Average annual interest rate (%) Application time (# of days) Maturity of loan (months) Percentage of loan demanded as collateral (security) Individual=1 / Group=2 Q34. For what purposes did you use the loan money? Estimate the proportion (%) of total loan money used for the following purposes. 1 2 3
Purchase inventories/ goods for sale
%
Purchase fixed assets (buildings, equipment, livestock) Purchase agricultural products (seeds, fertilizer, pesticides, animal feed, etc.)
4
Personal / household expenses
5
Pay off other debts
6
Start new business
7
Other (specify):
CHECK THAT TOTAL OF PERCENTAGES EQUALS 100% Q35. Please estimate the amount of external financing (other than retained earnings, earlier business profits and personal savings) you will need in 2006 (in BDT): 1. Working capital ____________________________ 2. Investment (new fixed assets) ____________________________ 3. Consumption purposes ____________________________ 4. Other (Specify)_____________ ____________________________ Q36.
Please rank the sources of external financing you would seek (in order of preference): ___ Money lender ___ Non-bank credit institution ___ Commercial bank
___ Leasing company ___ Family/friends ___ Other sources (specify) Q37.
_____________________________
Which of the listed products, would you need and use from a financial institutions? 1. Deposits/Savings 2. Money Transfer 3. Foreign Exchange 4. Credits
Q38. If you have the information, have your relatives/friends/neighbors received a loan from financial institution? 1) YES 2) NO 3) I don’t know Q39. In your opinion, how likely is your company to apply for a new loan from a financial institution within next 12 months? 1
I will not apply
2
It is unlikely that I will apply
3
It is likely that I will apply
4
I will definitely apply
NOTE TO INTERVIEWER: IF THE ANSWER IS “I WILL NOT APPLY”, GO TO QUESTION 45. Q40. If you do apply for a loan in the next 12 months, what amount and term will you most likely request? 1
Amount of loan (BDT)
2
Term (months)
Q41. Part 1: If you are approved for a loan of the amount and term you indicated in question 40, at an annual interest rate of 24%, will you accept this loan? (If the respondent answers "YES" or "LIKELY", do not ask Parts 2, 3, 4 and 5.) Part 2: What if the annual interest rate is 20%? (If the respondent answers "YES" or "LIKELY", do not ask Part 3, 4 and 5.) Part 3: What if the annual interest rate is 16%? (If the respondent answers "YES" or "LIKELY", do not ask Part 4 and 5.) Part 4: What if the annual interest rate is 12% (If the respondent answers "YES" or "LIKELY", do not ask Part 5.) Part 5: What would be the acceptable interest rate for you then? Yes
Likely
Unlikely
No
1
24% interest
1
2
3
4
2
20% interest
1
2
3
4
3
16% interest
1
2
3
4
4
12% interest
1
2
3
4
5
Acceptable interest %
Q42. If you do apply for a loan in the next 12 months, what is the maximum monthly payment that you can afford to pay for the loan? _____________________________
Q43. What banks or other institutions, such as NGOs, would you prefer to apply for a loan from? NOTE TO INTERVIEWER: IF THE RESPONDENT DOES NOT KNOW ANY, WRITE ZERO. Banks
Other Institutions
Q44. If you do apply for a loan in the next 12 months, for what purpose will you most likely use the money? Indicate the percentage of the loan amount that will go to each purpose. 1 2 3
Q45.
Purchase inventories/ goods for sale Purchase fixed assets (buildings, equipment, livestock) Purchase agricultural inputs (seeds, fertilizer, pesticides, animal feed, etc.)
4
Personal/ household expenses
5
Pay off other debts
6
Start new business
7
Other (specify): _____________________
What is your telephone number (mobile if possible)? _____________________________
NOTE TO INTERVIEWER: PLEASE COPY THE TELEPHONE NUMBER TO THE SECTION AT THE BEGINNING OF THE INTERVIEW.
