Fatogun, Olukunle (2022) SURVIVAL OF SMALL AND MEDIUM SCALE ENTERPRISES: THE ROLE OF MICRO-FINANCE BANKS: A STUDY OF FEDERAL POLYTECHNIC, ILARO MICROFINANCE BANK OGUN STATE. Nigerian Journal Of Management Sciences, 23 (2). pp. 274-286.
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27.-SURVIVAL-OF-SMALL-AND-MEDIUM-SCALE-ENTERPRISES-THE-ROLE-OF-MICRO-FINANCE-BANKS-A-STUDY-OF-FEDERAL-POLYTECHNIC-ILARO-MICROFINANCE-BANK-OGUN-STATE.pdf Download (161kB) |
Abstract
This study examined the impact microfinance banks on the survival of SMEs. The main goal of this research is to assess how financial and non-financial services provided by microfinance banks enhance the survival of SMEs. The study collected primary data using questionnaire, and analyzed same using linear regression analysis with the help of the Statistical Package for Social Sciences (SPSS) version 25.0. The study found that microfinance banks have a positive impact on survival of SMEs through the provision of financial (credit facilities) and non-financial (education) services. The study concludes that provision financial and non-financial services by microfinance banks promotes the survival and growth of SMEs; and that survival and growth of SMEs is influenced by financial and non-financial services provided by microfinance banks. The study recommends that, to strengthen SMEs, policymakers and regulatory authorities should empower and enable microfinance banks to provide financial and non-financial services to SMEs to facilitate their productivity, hence growth and survival.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Management |
| Depositing User: | Unnamed user with email [email protected] |
| Date Deposited: | 01 Nov 2024 09:50 |
| Last Modified: | 01 Nov 2024 09:50 |
| URI: | http://eprints.federalpolyilaro.edu.ng/id/eprint/2354 |
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