The Impact of Micro-Finance Institutions Credit on the Survival of Small- and Medium-Scale Enterprises in Irepodun LGA of Kwara State, Nigeria

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dc.contributor.authorAdeoti, J.O
dc.contributor.authorGbadeyan, R.A
dc.contributor.authorOlawale, Y.A
dc.date.accessioned2018-06-20T10:38:10Z
dc.date.available2018-06-20T10:38:10Z
dc.date.issued2015
dc.descriptionAdeoti, J. O., Gbadeyan, R. A. and Olawale, Y.A. (2015): “The Impact of Micro-Finance Institutions Credit on the Survival of Small- and Medium-Scale Enterprises in Irepodun LGA of Kwara State, Nigeria”. The Pacific Journal of Science and Technology, A Publication of the Akamai University. 16(2): 180 – 188.en_US
dc.description.abstractThe failure of many small-scale businesses in Nigeria is largely due to a shortage of finances for a continued period of time. The microfinance banks serve as a bailor to the financial collapse that would have befallen many of these businesses. This paper looks at the impact of microfinance credit on the survival of small- and medium-scale businesses in Irepodun Local Government Area (LGA) of Kwara State, Nigeria. The two functional microfinance banks in the Irepodun LGA were the population/sample for this study. ANOVA was used to test the hypothesis. The findings revealed that microfinance banks contribute significantly to the survival of small- and medium-scale enterprises in the study area. The study recommends that: repayment periods should be increased and more funds should be released to potential entrepreneurs for enterprise creation and to generate more employment.en_US
dc.description.sponsorshipSelf Sponsoreden_US
dc.identifier.urihttp://www.akamaiuniversity.us/PJST16_2_180.pdf
dc.identifier.urihttp://hdl.handle.net/123456789/618
dc.language.isoenen_US
dc.publisherThe Pacific Journal of Science and Technology, A Publication of the Akamai University.en_US
dc.subjectImpacten_US
dc.subjectMicrofinanceen_US
dc.subjectCrediten_US
dc.subjectSurvivalen_US
dc.subjectSmall Scale Businessen_US
dc.subjectEntrepreneurshipen_US
dc.titleThe Impact of Micro-Finance Institutions Credit on the Survival of Small- and Medium-Scale Enterprises in Irepodun LGA of Kwara State, Nigeriaen_US
dc.typeArticleen_US

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