agroprobПроблемы агрорынкаProblems of AgriMarket1817-728X2708-9991Казахский научно-исследовательский институт экономики агропромышленного комплекса и развития селаagroprob-1221Research ArticleЭкономический механизм хозяйствованияThe economic mechanism of managementDETERMINANTS OF BORROWING BEHAVIOR OF RURAL HOUSEHOLDS IN KAZAKHSTANGaisinaS. H.noemail@neicon.ruKIMEP UniversityKazakhstan201514032023036877Copyright © Gaisina S.H., 20232023Gaisina S.H.Gaisina S.H.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://www.jpra-kazniiapk.kz/jour/article/view/1221

The majority of the Kazakhstani rural population earns their living through non-legally registered subsidiary small households (SSHs). Due to the poorly developed micro-crediting in rural areas, regulatory restrictions to participate in RCP scheme, and the lack of commercial bank branches, the impact of formal FIs on SSHs’ outcomes is still largely unknown and under-investigated. The main objective of this study was to explore the relationships that exist between the socio- economic characteristics of rural households and their borrowing behavior towards formal finan- cial institutions.

creditsubsidiary small households SSHfinancial institutionseconometric analysisrural credit partnershipsReferencesBinswanger, H. P., Khandker, S. R., Ro- senzweig, M.R., 1989. How infrastructure and financial institutions affect agricultural output and investment in India. Working Paper No. 163. World Bank. Retrieved from http://www-wds.worldbank.org/external/default/WDSContent Serv- er/IW3P/IB/1989/03/01/000009265_3960927171152/Rendered/PDF/multi_page.pdf.Binswanger, H. P., Khandker, S. R., Ro- senzweig, M.R., 1989. How infrastructure and financial institutions affect agricultural output and investment in India. Working Paper No. 163. World Bank. Retrieved from http://www-wds.worldbank.org/external/default/WDSContent Serv- er/IW3P/IB/1989/03/01/000009265_3960927171152/Rendered/PDF/multi_page.pdf.Bloomstein, H.J, 1998. Establishing fi- nancial market institutions in transition econo- mies - is there a role for sectoral credit institu- tions? In: Frohberg, K., Poganietz, W.-R., Edi- tors, 1998, The importance of institutions for the transition in central and eastern Europe, IAMO: Wissenschaftsverlag Vauk Kiel Kg., pp. 85-97.Bloomstein, H.J, 1998. Establishing fi- nancial market institutions in transition econo- mies - is there a role for sectoral credit institu- tions? In: Frohberg, K., Poganietz, W.-R., Edi- tors, 1998, The importance of institutions for the transition in central and eastern Europe, IAMO: Wissenschaftsverlag Vauk Kiel Kg., pp. 85-97.Buyske, S.G., Lamberte, M.B., 2006. Ru- ral finance in Kazakhstan. In: Lamberte, M. B., Vogel, R.C., Moyes, R.T., Fernando, N.A., Edi- tors, 2006, Beyond microfinance: Building inclu- sive rural financial markets in Central Asia, Asian Development Bank, pp. 126-139.Buyske, S.G., Lamberte, M.B., 2006. Ru- ral finance in Kazakhstan. In: Lamberte, M. B., Vogel, R.C., Moyes, R.T., Fernando, N.A., Edi- tors, 2006, Beyond microfinance: Building inclu- sive rural financial markets in Central Asia, Asian Development Bank, pp. 126-139.Daniłowska, A., 2004. Agricultural credit market in Poland - experiences in the market economy. In: Petrick, M., Weingarten, P., 2004. The role of agriculture in Central and Eastern European rural development: Engine of change or social buffer? Studies on the Agricultural and Food Sector in Central & Eastern Europe, Vol. 25, Halle (Saale), IAMO, pp. 101-118.Daniłowska, A., 2004. Agricultural credit market in Poland - experiences in the market economy. In: Petrick, M., Weingarten, P., 2004. The role of agriculture in Central and Eastern European rural development: Engine of change or social buffer? Studies on the Agricultural and Food Sector in Central & Eastern Europe, Vol. 25, Halle (Saale), IAMO, pp. 101-118.Diagne, A., Zeller, M., Sharma, M., 2000. Empirical measurements of households access to credit and credit constraints in developing countries: Methodological issues and evidence. Discussion paper, No. 90. FCND. Retrieved from http://www.ifpri.org/sites/default/files/pubs/divs/ fcnd/dp/papers/fcndp90.pdf.Diagne, A., Zeller, M., Sharma, M., 2000. Empirical measurements of households access to credit and credit constraints in developing countries: Methodological issues and evidence. Discussion paper, No. 90. FCND. Retrieved from http://www.ifpri.org/sites/default/files/pubs/divs/ fcnd/dp/papers/fcndp90.pdf.Eswaran, M., Kotwal, A., 1989. Implica- tions of credit constraints for risk Behavior in less developed economies. Oxford Economic Papers N.-S. 42 (2), pp. 473-482.Eswaran, M., Kotwal, A., 1989. Implica- tions of credit constraints for risk Behavior in less developed economies. Oxford Economic Papers N.-S. 42 (2), pp. 473-482.Feder, G., Lau, L. J., Lin, J.Y., Luo, X., 1990. The relationship between credit and prod- uctivity in Chinese agriculture: a microeconomic model of disequilibrium. American Journal of Agricultural Economics 72 (5), pp. 1151-1157. Retrieved from http://ehis. ebsco- host.com/ehost/detail?sid=267fb480-4719-485b- a5c6-b22d5154f9be%40sessionmgr15&vi d=1&hid=16&bdata=JnNpdGU9ZWhvc3QtbGl2 Z Q%3d%3d#db=bsh&AN=9605212720.Feder, G., Lau, L. J., Lin, J.Y., Luo, X., 1990. The relationship between credit and prod- uctivity in Chinese agriculture: a microeconomic model of disequilibrium. American Journal of Agricultural Economics 72 (5), pp. 1151-1157. Retrieved from http://ehis. ebsco- host.com/ehost/detail?sid=267fb480-4719-485b- a5c6-b22d5154f9be%40sessionmgr15&vi d=1&hid=16&bdata=JnNpdGU9ZWhvc3QtbGl2 Z Q%3d%3d#db=bsh&AN=9605212720.Gaisina, Sh., 2011. Credit through Rural Credit Partnerships for agricultural producers in Kazakhstan. Journal of Rural Cooperation, 39/2, pp. 114-130Gaisina, Sh., 2011. Credit through Rural Credit Partnerships for agricultural producers in Kazakhstan. Journal of Rural Cooperation, 39/2, pp. 114-130Gaisina, Sh., 2014, Rural Household Saving Determinants in Kazakhstan. Journal of Rural Cooperation, 42(1), pp. 60-79Gaisina, Sh., 2014, Rural Household Saving Determinants in Kazakhstan. Journal of Rural Cooperation, 42(1), pp. 60-79Gonzalez-Vega, C., 1982. Credit- rationing behavior of agricultural lenders: The iron law of interest restrictions. Discussion Pa- per No. 9.Colloquium on Rural Finance. Eco- nomic Development Institute, World Bank, Washington, D.C. eptember 1-3, 1981. Re- trieved fromhttp://pdf.usaid.gov/pdf_docs/ PNAAN113.pdfGonzalez-Vega, C., 1982. Credit- rationing behavior of agricultural lenders: The iron law of interest restrictions. Discussion Pa- per No. 9.Colloquium on Rural Finance. Eco- nomic Development Institute, World Bank, Washington, D.C. eptember 1-3, 1981. Re- trieved fromhttp://pdf.usaid.gov/pdf_docs/ PNAAN113.pdfGuirkinger, C.,Boucher, S., 2007. Credit constraints and productivity in Peruvian agricul- ture. Working Paper No. 07-005. Department of Agricultural and Resource Economics at the University of California - Davis. Retrieved from http://arelibrary.ucdavis. edu/ work- ing_papers/files/07-005.pdfGuirkinger, C.,Boucher, S., 2007. Credit constraints and productivity in Peruvian agricul- ture. Working Paper No. 07-005. Department of Agricultural and Resource Economics at the University of California - Davis. Retrieved from http://arelibrary.ucdavis. edu/ work- ing_papers/files/07-005.pdfHickman, S., 2006. Conservation agri- culture in northern Kazakhstan and Mongolia. FAO. Retrieved from http://www. fao.org/tc/tcp/kazakhstan_en.asp.Hickman, S., 2006. Conservation agri- culture in northern Kazakhstan and Mongolia. FAO. Retrieved from http://www. fao.org/tc/tcp/kazakhstan_en.asp.Hoff, K., Stiglitz, J.E., 1990. Imperfect information and rural credit markets, puzzles and policy perspectives. In Hoff, K., Braverman,A. & Stiglitz, J.E. (Eds.), The Economic of rural organisation. Theory, practice, and policy. Oxford University press for the World Bank.: pp. 33-52Hoff, K., Stiglitz, J.E., 1990. Imperfect information and rural credit markets, puzzles and policy perspectives. In Hoff, K., Braverman,A. & Stiglitz, J.E. (Eds.), The Economic of rural organisation. Theory, practice, and policy. Oxford University press for the World Bank.: pp. 33-52McKinnon, R.I., 1973. Money and Capi- tal in Economic Development. Washington DC: Brookings InstitutionMcKinnon, R.I., 1973. Money and Capi- tal in Economic Development. Washington DC: Brookings InstitutionMorduch, J., 1995. Income smoothing and consumption smoothing. Journal of Eco- nomic Perspectives 9 (3), pp. 103-114Morduch, J., 1995. Income smoothing and consumption smoothing. Journal of Eco- nomic Perspectives 9 (3), pp. 103-114Mpuga, P., 2008. Constraints in Access to and Demand for Rural Credit: Evidence from Uganda. African Economic Conference (AEC). African Development Bank, Tunis-Tunisia. Re- trieved from http://www.afdb.org/fileadmin / upl- oads/afdb/Documents/Knowledge/30753249-FR-122-MPUGA-ACCESS-AND-DEMAND-FOR- RURAL-CREDIT-ADB-CONF.PDFMpuga, P., 2008. Constraints in Access to and Demand for Rural Credit: Evidence from Uganda. African Economic Conference (AEC). African Development Bank, Tunis-Tunisia. Re- trieved from http://www.afdb.org/fileadmin / upl- oads/afdb/Documents/Knowledge/30753249-FR-122-MPUGA-ACCESS-AND-DEMAND-FOR- RURAL-CREDIT-ADB-CONF.PDF

The authors declare that there are no conflicts of interest present.