Abstract
Farmers now have a way to access a variety of financial banking services nearby due to digital credit systems, which address the problem of credit availability in agricultural output. The study used primary data gathered from 240 respondents using a multi-stage sampling technique to investigate the variables affecting farmers' adoption of digital credit systems in Akwa Ibom State, Nigeria. Descriptive statistics and the binary logit model were used to analyze the data. Results showed that most respondents (95%) had a formal education, the majority (55.4%) of farmers were women, 43% of respondents were between the ages of 41- 50, with a mean age of 35 years, and 55% were married, with an average household size of 6 and a mean farming experience of 11 years. The average monthly income of the respondents was ₦3812.78, and 73.7% of the sample had no access to credit facilities. According to the survey, farmers in the study area were highly aware of digital credit systems (77.5%) but only had little access to them (32.9%). The study further showed that educational level, phone worth, average savings, access to credit, and electricity bill were the factors that significantly influenced farmers' use of Digital Credit Systems in the study area. This informed the need for digital credit service providers to expand the availability of sufficient float of funds (credit) into the study area with a platform that can be easily operated, having flexible terms and conditions, to promote accessibility, alongside the Government and Public-Private Partnership should also pay attention to the issue of electricity needed to charge mobile phones in the study area, as well as strengthen internet infrastructural construction.