Abu-Kasum, Hamidat AdebisiAbdullahi, Ibrahim BelloKasum, Abubakar Sadiq2021-03-022021-03-022015http://hdl.handle.net/123456789/4442This study evaluates the effectiveness of micro finance institutions in the growth of small and medium enterprises in Ilorin metropolis of Kwara State. The study employed stratified sampling technique to select the respondents based on business type. The sampling frame (of) for this study is eighteen SMEs and ten Microfinance Institutions. Structured Open ended questions were used to obtain primary data. Ordered probit regression analysis was used to analyse responses on core issues as specified in the model. Results revealed a positive relationship between microfinance banks effectiveness, loan assessment and loan monitoring on the development of small and medium scale businesses, while there is a negative relationship between loan repayment and collateral security on the growth of small and medium businesses.Micro FinanceSmall and Medium Scale EnterprisesGrowthFinancial institutionArticle