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Financing Small and Medium Scale Enterprises through the Informal Financial Sector in Nigeria; Journal of Business Administration and Management, Volume 3, Number 3, pp. 79-87 (Nigeria)

Uwuigbe , U. and Uwuigbe , U. Financing Small and Medium Scale Enterprises through the Informal Financial Sector in Nigeria; Journal of Business Administration and Management, Volume 3, Number 3, pp. 79-87 (Nigeria). Journal of Business Administration and Management, Volume 3, Number 3, pp. 79-87 (Nigeria), 3 (3). pp. 79-87.

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Abstract

This paper explored both primary and secondary data in testing the attitudes of over 1200 respondents towards the informal source of rural finance through the use of analysis of variance (ANOVA). The paper observed that the attitude to the informal source of finance varies from one location to the other. The paper therefore concludes that the informal source of rural finance is the most suitable source of finance to the rural poor who participated in a penny economy, characterized by small-scale transactions and risk.

Item Type: Article
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: UNSPECIFIED
Depositing User: DR UWALOMWA UWALOMWA
Date Deposited: 27 Mar 2015 08:05
Last Modified: 05 May 2017 13:09
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/4347

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