Evaluation Of Funding Arrangements For Small And Medium Scale Enterprises In Nigeria (A Survey Research Of Selected Small And Medium Scale Enterprises In Umuahia, Abia State)

ONYEABOR AMARACHI PEACE | 78 pages (12013 words) | Projects

ABSTRACT

 This study which seeks to evaluate the alternative funding arrangements available to the small and medium enterprises in Nigeria, using selected 'companies in Abia State. The study also seeks to examine the source of funds available for the start — up and expansion of small and medium enterprises, determine the barriers to credit expansion, identify sustainable sources of funding these businesses, and also identify ways of improving credit availability and delivery to small and medium enterprises. The methods of data collected specifically for this study are the questionnaires, personal interview and documentary. The statistical technique used in analyzing the data in this study is the chi-square method of analysis. The study revealed that the major sources of credit available for the establishment and expansion of small and medium enterprises in Nigeria are personal savings, and banks. It is therefore, important to consider conditions that would ensure sustained growth in this sector. The sector should be seen as an important sector of the economy requiring specific incentives to assist its development. Government can foster its development by improving their access to credits which requires an increase in the number of financial institutions that find lending to small and medium enterprises to be profitable and at preferential interest can go a long way to boost the sector.

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APA

ONYEABOR, P (2021). Evaluation Of Funding Arrangements For Small And Medium Scale Enterprises In Nigeria (A Survey Research Of Selected Small And Medium Scale Enterprises In Umuahia, Abia State). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/evaluation-of-funding-arrangements-for-small-and-medium-scale-enterprises-in-nigeria-a-survey-research-of-selected-small-and-medium-scale-enterprises-in-umuahia-abia-state-7-2

MLA 8th

PEACE, ONYEABOR. "Evaluation Of Funding Arrangements For Small And Medium Scale Enterprises In Nigeria (A Survey Research Of Selected Small And Medium Scale Enterprises In Umuahia, Abia State)" Mouau.afribary.org. Mouau.afribary.org, 08 Nov. 2021, https://repository.mouau.edu.ng/work/view/evaluation-of-funding-arrangements-for-small-and-medium-scale-enterprises-in-nigeria-a-survey-research-of-selected-small-and-medium-scale-enterprises-in-umuahia-abia-state-7-2. Accessed 28 Nov. 2024.

MLA7

PEACE, ONYEABOR. "Evaluation Of Funding Arrangements For Small And Medium Scale Enterprises In Nigeria (A Survey Research Of Selected Small And Medium Scale Enterprises In Umuahia, Abia State)". Mouau.afribary.org, Mouau.afribary.org, 08 Nov. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/evaluation-of-funding-arrangements-for-small-and-medium-scale-enterprises-in-nigeria-a-survey-research-of-selected-small-and-medium-scale-enterprises-in-umuahia-abia-state-7-2 >.

Chicago

PEACE, ONYEABOR. "Evaluation Of Funding Arrangements For Small And Medium Scale Enterprises In Nigeria (A Survey Research Of Selected Small And Medium Scale Enterprises In Umuahia, Abia State)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/evaluation-of-funding-arrangements-for-small-and-medium-scale-enterprises-in-nigeria-a-survey-research-of-selected-small-and-medium-scale-enterprises-in-umuahia-abia-state-7-2

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