SMALL SCALE BUSINESS AS A TOOL FOR ENHANCING ECONOMIC GROWTH OF RURAL WOMEN IN ILARO, YEWA SOUTH LOCAL GOVERNMENT, OGUN STATE

Jiboku, Olubisi Olusola and Chapi, Harriet Ocheneme and Oderinde, Oluwatoyin Mary (2019) SMALL SCALE BUSINESS AS A TOOL FOR ENHANCING ECONOMIC GROWTH OF RURAL WOMEN IN ILARO, YEWA SOUTH LOCAL GOVERNMENT, OGUN STATE. In: 1st National Conference of WITED, Ilaro Chapter, August 13-16, 2019, The Federal Polytechnic, Ilaro.

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Abstract

Recession and economic depression is a major source of poverty in both rural and urban parts of Nigeria today. It is a fact that the government alone cannot solve the economic challenges of the populace. This ugly trend has resulted in no small measure to poverty, unemployment and many other economic hardships for the citizenry. Thus, small scale business has provided a succor for economic growth among the rural women. This paper examines the effect of small scale business in enhancing the economic growth of rural women in Ilaro Yewa South Western part of Nigeria. Cluster sampling technique was employed to selected ninety (90) small scale entrepreneurs in Ilaro for the study. The questionnaire instrument was designed to collect data from the respondents. The structured questionnaire was divided into two parts. Simple percentage was employed to analyse the data. The result shows that greater percentage of the women now engage in small scale businesses to survive and sustain the meager income of their families. The result also shows that creations of jobs by women entrepreneurs have reduced the rate of crime in Ilaro. From the results, it is recommended, that the rural women entrepreneurs need to be given workshops on various strategies they can employ to add values to their businesses and how to source for loans for their businesses; this will invariably help to reduce the poverty level in the society.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HT Communities. Classes. Races
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Unnamed user with email [email protected]
Date Deposited: 28 May 2021 15:32
Last Modified: 28 May 2021 15:32
URI: http://eprints.federalpolyilaro.edu.ng/id/eprint/1421

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