THE IMPACT OF MICRO-FINANCE ON SMALL SCALE BUSINESS IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
Abstract
This study examines the performance of Micro finance Institutions (MFIS) in Lagos State, based on the development of small and medium Scale Industry. The findings indicate that the operations of MFIs have grown phenomenally in the last three years, driven largely by expanding informal sector activities, the conversion of the community banks to micro finance banks and the reluctance of banks to fund the emerging micro enterprises. The study also reveals the sub-sector faces a number of challenges, which have been addressed in this project. They include the urgent need to 'approved and implement a policy framework that would regulate and standardize the MFI· operations; -accessing medium to long term sustainable commercial sources of funds, such as SMIEIES. Commercial banks traditionally lend to medium and large enterprises, which are judged to be creditworthy. They avoid doing business with the small and medium scale industry because the associated cost and risks are considered to be relatively high. Microfinance institutions (MFls) have therefore become· the main sources of funding small and medium scale industry in Africa and in other developing regions.
Related Project Materials
ANALYSIS OF THE IMPACT OF EFFECTIVE COMMUNICATION IN INCREASING ORGANIZATIONAL PRODUCTIVITY
ABSTRACT
The topic of this research is Analysis of the Impact of Effective Communication in Increasing Organizational Productivity. A cas...
PROBLEMS AFFECTING THE EFFECTIVE TEACHING AND LEARNING OF BUSINESS STUDIES
Abstract
In this study, our focus was to carryout a critical analysis on the problems affecting the effective teaching and learning...
Insurgency and Counterinsurgency: The Role of the State Government in the Insulation of Jigawa State against Boko-Haram Insurgency (2009-2015)
ABSTRACT
Since 2009, the Boko-Haram insurgency became deadly and extremely violent particularly in the three north-eastern states of Adam...
IMPACT OF URBANIZATION ON ENVIRONMENTAL HEALTH QUALITY
EXCERPT FROM THE STUDY
Probably most of the major environmental problems of the next century will result from the contin...
ASSESSMENT OF SUCCESS AND FAILURE FACTORS IN NIGERIA BUILDING INDUSTRY
BACKGROUND OF THE STUDY
The building process appears as ordered, linear p...
THE USE OF FORENSIC ACCOUNTING IN REGULATORY COMPLIANCE IN THE MANUFACTURING SECTOR
Abstract: THE USE OF FORENSIC ACCOUNTING IN REGULATORY COMPLIANCE IN THE MANUFACTURING SECTOR
This research explores the...
THE EFFECT OF SOCIAL MEDIA ON VOTING BEHAVIOUR IN NIGERIA [A CASE STUDY OF SOME SELECTED VOTERS IN LAGOS STATE]
Abstract
The advent of internet and technology has exposed majority of the global population to different interactive p...
THE INFLUENCE OF MONETARY POLICY ON NIGERIA'S ECONOMIC GROWTH
Background to the Study
Macroeconomic policy consists of the actions aimed at inducing appropriate changes in macr...
CAUSES AND EFFECTS OF CONSTRUCTION PROJECTS DELAY IN NIGER STATE EDUCATIONAL INSTITUTIONS
Abstract
Economic development in every nation is based on construction projects undertaken through several types of contracts. However, c...
INFLUENCE OF PARENTING STYLES ON SOCIAL BEHAVIOUR AND ACADEMIC PERFORMANCE OF ADOLESCENTS IN SENIOR SECONDARY SCHOOLS
Abstract
The study ascertained the influence of parenting styles on social behaviour and academic performance of adolesc...
