In order to know how well the function developed performed in classifying the farmer borrowers, the function was evaluated for each of the 90 farmer borrowers. The result is presented in Table 5. Since the usefulness of discriminant function lies in its power to classify correctly, then the higher the rate is, the better is the predictive power of the function (Arene, 1993). The estimated discriminant function developed classified the farmer borrowers into two distinct groups; credit worthy and non-credit worthy farmers.