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AN EVALUATION OF FINANCING CHALLENGES OF INFORMAL ENTREPRENEURS IN SOUTHWEST, NIGERIA

Akinbode, J. O. and Adekola, Paul Oluwatomipe and Salau, Odunayo Paul (2016) AN EVALUATION OF FINANCING CHALLENGES OF INFORMAL ENTREPRENEURS IN SOUTHWEST, NIGERIA. Palgo Journal of Business Management, 3 (2). pp. 76-81.

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Abstract

Meeting the requirements for accessing fund for entrepreneurial venture within the informal sector remains the major discouraging factor. This paper evaluated the financing challenges confronting informal entrepreneurs in Southwest, Nigeria. Survey method was used to collect data from 182 informal entrepreneurs’ in Southwest, Nigeria and analysed with simple frequency percentage and chi- square. Findings revealed the following: poor financing constitute a major challenge to informal entrepreneurs in South-Western States of Nigeria with X2T = 5.99 <X2 c = 67.35 informal entrepreneurs have adequate knowledge of sources of finance with X2r - -5.99 < X

Item Type: Article
Uncontrolled Keywords: Entrepreneur, government,informal entrepreneur,finance, informal sector.
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 17 Jan 2017 09:58
Last Modified: 17 Jan 2017 09:58
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/7546

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