Microfinance banks in Nigeria have developed tremendously in the recent times. Despite the fact that it is universally considered as an essential development tool for peasant farmers in breaking the vicious cycle of poverty, the intensity of loan approvals for smallholder farmers remains an issue of debate for Agricultural policy makers. This paper presents a methodological framework for measuring the sampling procedures in the selection of 180 respondents for the study. Data collected were analysed using the loan approval intensity model (LAI) and the the ordinary least square multiple regression model. The results showed that the mean loan approval intensity for the female smallholder farmers is 48.9% which suggests that for every 100 loan applications made by the smallholder female farmers, only forty-nine (49) applications were approved and finally we observed from the results that farming experience, marital status, years of schooling, proximity to microfinance banks, household size, interest amount, and annual income are the significant determinants of loan approval intensity of female smallholder farmers.