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Micro-Financing of Nigerian Micro and Small Entrepreneurs: Creating Value to the National Productivity ( A study of South-west Nigeria)

Ibidunni, O. S. and Babajide, A. A (2011) Micro-Financing of Nigerian Micro and Small Entrepreneurs: Creating Value to the National Productivity ( A study of South-west Nigeria). In: 3rd Marketing Educators' Conference, February 13th - 16th, 2011, Covenant University, Canaanland, Ota, Nigeria..

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Abstract

The s tudy investigated the impact of micro-financing of Nigerian micro and small entrepreneurs' as a measure of creating va lue to increasing productivity in Nigeria. Releva nt literil tures were sourced on how micro and small entrepreneurs ' contributions in South-West Nigeria could create value to the national p rod ucti vity. Theoreticill models were reflected and used in d evelopiilg the two hypotheses investigated through the surn~y of three hundred ctnd sixtyseven (367) micro enterprises, Jnd one hundred and thirtyfive (135) small enter prises which were randomly selected 'A~tb thf• ~id nf ITndti-s ~,lg/-. r~: r. ~ · ,.; s ~ --- ·· Multip le regressions vvcrc used to analy ze enterpri5es finance by microfinancc banks in Nigeria. Findings rt' l·ealed tha t micro-financing of rnicro and small entrepreneurs enhanced their productivity; and the impact of the fina nce ,.,·as fel t in their contr ibutiuns to the gro,vth uf the national productivity. It was recommended that microfinance and training supports s hould be made mandatory to further enhance p roductivi ty of micro entrepreneurs in Nigeria .

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
H Social Sciences > HJ Public Finance
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 01 May 2014 11:02
Last Modified: 01 May 2014 11:02
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/2511

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