Impact Of Microfinance Banks On Development Of Small And Medium Scale Enterprises (A Study Of Umuahia South L.G.A Abia State):- Abazie Rosemary C
ABSTRACT
The
theoretical foundation of microfinance banking model is to provide finance to
sustain the development of small and medium enterprises. This study was carried
out to empirical ascertain the role of microfinance banks in sustaining the
development of small and medium enterprises in Nigeria. The study was carried
out with the use of primary data obtained through administration of
questionnaire. The collated data was analyzed using frequency/simple percentage
and regression analysis. The ordinary least squares (OLS) estimation 'of two
models revealed a positive and statistically significant relationship between
development of small and medium enterprise and loan and repayment period of
microfinance bank, while interest rate and loan processing procedure are
negative but statistically insignificant impact on government grant and
manpower had positive but statistically insignificant impact on development of
small and medium enterprises. It was suggested that government should thinker
with the current microfinance banking model and revitalize the industrial development
fund.
0.0
-- (2025). Impact Of Microfinance Banks On Development Of Small And Medium Scale Enterprises (A Study Of Umuahia South L.G.A Abia State):- Abazie Rosemary C. Repository.mouau.edu.ng: Retrieved Mar 14, 2025, from https://repository.mouau.edu.ng/work/view/impact-of-microfinance-banks-on-development-of-small-and-medium-scale-enterprises-a-study-of-umuahia-south-lga-abia-state-abazie-rosemary-c-7-2
--. "Impact Of Microfinance Banks On Development Of Small And Medium Scale Enterprises (A Study Of Umuahia South L.G.A Abia State):- Abazie Rosemary C" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 10 Mar. 2025, https://repository.mouau.edu.ng/work/view/impact-of-microfinance-banks-on-development-of-small-and-medium-scale-enterprises-a-study-of-umuahia-south-lga-abia-state-abazie-rosemary-c-7-2. Accessed 14 Mar. 2025.
--. "Impact Of Microfinance Banks On Development Of Small And Medium Scale Enterprises (A Study Of Umuahia South L.G.A Abia State):- Abazie Rosemary C". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 10 Mar. 2025. Web. 14 Mar. 2025. < https://repository.mouau.edu.ng/work/view/impact-of-microfinance-banks-on-development-of-small-and-medium-scale-enterprises-a-study-of-umuahia-south-lga-abia-state-abazie-rosemary-c-7-2 >.
--. "Impact Of Microfinance Banks On Development Of Small And Medium Scale Enterprises (A Study Of Umuahia South L.G.A Abia State):- Abazie Rosemary C" Repository.mouau.edu.ng (2025). Accessed 14 Mar. 2025. https://repository.mouau.edu.ng/work/view/impact-of-microfinance-banks-on-development-of-small-and-medium-scale-enterprises-a-study-of-umuahia-south-lga-abia-state-abazie-rosemary-c-7-2