Factors Determining Cooperative Societies’ Housing Finance Acceptance in Gombe, Nigeria

Deborah Garba, Nneoma Iroaganachi, Ishiyaku Bala


Housing finance in developing countries is not readily available, and access to which is increasingly becoming difficult. The government has not been able to tackle the problem of housing shortages, especially in cities, as caused by population growth and increased urbanisation rate. There is, therefore, the need for interest groups like cooperative societies to come in. The study aimed at assessing the factors determining cooperative societies’ housing finance acceptance in Gombe to identify the descriptive levels of variables, adopting the Theory of Planned Behaviour. Using stratified random sampling, close-ended structured questionnaires designed in 5-point Likert Scale were used to get a total of 283 valid questionnaires used for the analysis. The findings supported the fitness of the traditional variables of TPB in predicting willingness to accept the present (study’s) housing financing model. The levels of the research model’s constructs were very high performance based on their mean and standard deviation. Thus, all the constructs can fit into the research model. The study recommends a further analysis to determine the statistical relationship among the model’s constructs to validate the TPB in this domain.


housing finance; cooperative societies; Theory of Planned Behaviour; Gombe; Nigeria

Full Text:



Ajzen, I. (1991). The theory of planned behavior. Organizational Behavior and Human Decision Processes, 50(2), 179–211. doi: 10.1016/0749-5978(91)90020-t

Ajzen, I., & Fishbein, M. (1980). Understanding attitudes and predicting social behavior. Englewood Cliffs: Prentice-Hall.

Ajzen, I. (2015). Consumer attitudes and behavior: the theory of planned behavior applied to food consumption decisions. Rivivista di Economia Agraria, LXX(2), 128–138.

AL-Nahdi, T. S., Habib, S. A., & Abbaas Albdour, A. (2015). Factors Influencing the Intention to Purchase Real Estate in Saudi Arabia: Moderating Effect of Demographic Citizenship. International Journal of Business and Management, 10(4). doi: 10.5539/ijbm.v10n4p35

AL-Nahdi, T. S., Habib, S. A., Abu Bakar, A. H., Bahklah, M. S., Ghazzawi, O. H., & Al-Attas, H. A. (2015). The Effect of Attitude, Dimensions of Subjective Norm, and Perceived Behavior Control, on the Intention to Purchase Real Estate in Saudi Arabia. International Journal of Marketing Studies, 7(5). doi: 10.5539/ijms.v7n5p120

Al-Swidi, A., Mohammed Rafiul Huque, S., Haroon Hafeez, M., & Noor Mohd Shariff, M. (2014). The role of subjective norms in theory of planned behavior in the context of organic food consumption. British Food Journal, 116(10), 1561–1580. doi: 10.1108/bfj-05-2013-0105

Amin, H., Abdul-Rahman, A.-R., & Abdul-Razak, D. (2013). An integrative approach for understanding Islamic home financing adoption in Malaysia. International Journal of Bank Marketing, 31(7), 544–573. doi: 10.1108/ijbm-02-2013-0008

Ayedun, C. A., Oloyede, S. A., Ikpefan, O. A., Akinjare, A. O., & Oloke, C. O. (2017). Cooperative Societies’ Housing Provision and Poverty Alleviation in Nigeria. Covenant Journal of Research in the Built Environment, 5(1), 69–81

Ayeniyo, O. (2020). Housing Finance Accessibility: Empirical Evidence from Lagos, Nigeria. Asian Journal of Social Science and Management Technology, 2(5), 135–147.

Tajudeen, A., & Basirat, M.-A. (2017). Constraints of affordable housing through cooperative societies in tertiary institutions in Lagos State, Nigeria. Journal of Geography and Regional Planning, 10(3), 39–46. doi: 10.5897/jgrp2016.0599

Ferreri, M., & Vidal, L. (2021). Public-cooperative policy mechanisms for housing commons. International Journal of Housing Policy, 1–19. doi: 10.1080/19491247.2021.1877888

Fishbein, M., & Ajzen, I. (2010). Predicting and Changing Behaviour: The Reasoned Action Approach. New York: Psychology press.

Han, H., & Kim, Y. (2010). An investigation of green hotel customers’ decision formation: Developing an extended model of the theory of planned behavior. International Journal of Hospitality Management, 29(4), 659–668. doi: 10.1016/j.ijhm.2010.01.001

Heiny, J., Ajzen, I., Leonhäuser, I.-U., & Schmidt, P. (2019). Intentions to Enhance Tourism in Private Households: Explanation and Mediated Effects of Entrepreneurial Experience. Journal of Entrepreneurship and Innovation in Emerging Economies, 5(2), 128–148. doi: 10.1177/2393957519858531

Kim, Y., & Han, H. (2010). Intention to pay conventional-hotel prices at a green hotel – a modification of the theory of planned behavior. Journal of Sustainable Tourism, 18(8), 997–1014. doi: 10.1080/09669582.2010.490300

Jung Lee, Frank A. Cerreto, & Jihyun Lee. (2010). Theory of Planned Behavior and Teachers’ Decisions Regarding Use of Educational Technology. Journal of Educational Technology & Society, 13(1), 152–164.

Mahmud, S. M (2015). An Evaluation of the Contributions of Cooperative Societies in Housing Finance to Workers of Tertiary Institutions in Zaria Metropolis. Retrieved from https://projectchampionz.com.ng/2020/05/06/an-evaluation-of-the-contributions-of-cooperative-societies-in-housing-finance-to-workers-of-tertiary-institutionsin-zaria-metropolis/

Daniel, M. M. (2014). Interest Groups and Housing Provision in Nigeria: A Review Study. Journal of World Economic Research, 3(4), 47. doi: 10.11648/j.jwer.20140304.12

Maoludyo, F. T., & Aprianingsih, A. (2015). Factors influencing consumer buying intention for housing unit in Depok. Journal of Business and Management, 4(4), 484–449.

Marunga, N., & Mberengwa, I. (2014). The Effectiveness Of The Housing Cooperative Approach In The Provision Of Urban Housing In Bindura, Zimbabwe. Retrieved from http://www.researchjournali.com/view.php?id=724

McEachan, R. R. C., Conner, M., Taylor, N. J., & Lawton, R. J. (2011). Prospective prediction of health-related behaviours with the Theory of Planned Behaviour: a meta-analysis. Health Psychology Review, 5(2), 97–144. doi: 10.1080/17437199.2010.521684

Mohammed, M. I., & Sulaiman, N. (2018). Determinants of Reverse Mortgage Usage in Malaysia. Real Estate Management and Valuation, 26(3), 5–23. doi: 10.2478/remav-2018-0021

Nubi, T. & Oyalowo, B. (2010). Housing Finance between Social Needs and Economic Realities: The Dilemma of Policy Transfer under Neo-liberalism. Retrieved from https://repository.tudelft.nl/islandora/object/uuid:14c63c81-79c3-415f-a4f3-152ff596536b/datastream/OBJ/download

Nubi, T. O. (2012). Towards a Sustainable Housing Finance in Nigeria: The Challenges of Developing Adequate Housing Stock and a Road Map. Housing Finance International, 24(4), 22–29.

Numraktrakul, P., Ngarmyarn, A., & Panichpathom, S. (2012). Factors Affecting Green Housing Purchase. Retrieved from https://www.yumpu.com/en/document/read/36307937/factors-affecting-the-green-housing-purchasing

Okafor, B. N. (2016). The Residential Housing Problem in Anambra State (A Case Study of Onitsha Metropolis). International Journal of Civil Engineering, Construction and Estate Management, 4(2),1–18.

Olayinka, C. O., Samuel, A.O. & Olufemi, D. D. (2016). Empirical Determination of Co-operative Housing Intervention Methods in Lagos Metropolis. Covenant Journal of research in the Built Envronment, 4(1), 49–66.

Oyalawo, B. A., Babawale, G. G. (2017). Urban Housing Supply: Cooperative Societies as the Third Way. Retrieved from https://ir.unilag.edu.ng/bitstream/handle/123456789/3919/Urban%20Housing%20Supply%20Cooperative%20Societies%20as%20the%20Third%20Way.pdf?sequence=1&isAllowed=y

Oyalowo, B. (2018). Housing Supply and Cooperative Societies in Lagos (Doctoral dissertation), University of Lagos.

Oluwole Oyewole, M. (2010). Housing development finance through cooperative societies. International Journal of Housing Markets and Analysis, 3(3), 245–255. doi: 10.1108/17538271011063906

Phungwong, O. (2010). Factors Influencing Home Purchase Intention of Thai Single People (Doctoral Dissertation), University of South Australia, Adelaide.

UN-Habitat. (2011). Affordable land and housing in Africa. Retrieved from https://unhabitat.org/sites/default/files/download-manager-files/Affordable%20Land%20and%20Housing%20in%20Africa.pdf

Usman, H., Garba, M. & Abdullahi, I. (2017). Predicting intention of using Mortgage in Financing Homeownership in Nigeria: Application of Theory of Planned Behavior. Social Science, 12(3), 509–516.

World Health Organization. (‎2020)‎. World health statistics 2020: monitoring health for the SDGs, sustainable development goals. Retrieved from https://apps.who.int/iris/handle/10665/332070

Article Metrics

Metrics Loading ...

Metrics powered by PLOS ALM


  • There are currently no refbacks.

Copyright (c) 2021 Garba Deborah, Iroaganachi Nneoma, Bala Ishiyaku

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.