IMPACT OF MICRO FINANCE BANKS ON THE SURVIVAL OF SMALL AND MEDIUM- SCALE ENTERPRISES SMES A STUDY OF KOGI SAVINGS BANK LOKOJA

IMPACT OF MICRO FINANCE BANKS ON THE SURVIVAL OF SMALL AND MEDIUM- SCALE ENTERPRISES SMES A STUDY OF KOGI SAVINGS BANK LOKOJA


1,488 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@allprojectmaterials.com
Department: accounting project topics | Type: Project Topics | Project Topics and Materials | List of Project Topics | Research Project Materials | Journals | Thesis | Articles | Online Project Materials | Business Plan | Final year project topic | Format: Ms Word and PDF | Attribute: Documentation Only | Pages: 53 Pages | Chapters: Complete Research work from Chapter 1 to 5; All chapters | Inclusive: Abstract, Preliminary Pages, Table of Contents and Appendices | Cost: ₦ 5,000.00


IMPACT OF MICRO FINANCE BANKS ON THE SURVIVAL OF SMALL AND MEDIUM- SCALE ENTERPRISES SMES A STUDY OF KOGI SAVINGS BANK LOKOJA

PROJECT TOPICS AND MATERIALS ON IMPACT OF MICRO FINANCE BANKS ON THE SURVIVAL OF SMALL AND MEDIUM- SCALE ENTERPRISES SMES A STUDY OF KOGI SAVINGS BANK LOKOJA


ABSTRACTS
This research work is carried out to evaluate the Impact of Micro Finance Banks (MFBs) on the Survival of Small and Medium-Scale Enterprises (SMEs) in Nigeria to determine the financial service of (MFBs) of the survival of (SMEs).
The collection of data was done through the survey method of research by issuing well structured questionnaire to the respondents, the sample size was determined through the use of Yaro Yamane’s formula which is forty four (44) while the percentage and Chi-Square was used to present and analyze the data collected to arrive at a conclusion and possible recommendation. The finding revealed that MFBs have contributed immensely to the development of SMEs in Nigeria, granting credit facilities at a reduced rate. However the survival of which beset SMEs can lead through an improvement in the service of MFBs by the government, therefore government should enact policies to it system to encourage the investors, provide infrastructures facilities needed for the survival of SMEs and monitoring agent of the activities of MFBs.
TABLE OF CONTENTS
CHAPTER ONE: INTRODUCTION
1.1    Background to the Study
1.2    Statement of the Problem
1.3    Objectives of the Study
1.4    Research Question
1.5    Statement of Hypotheses
1.6    Significance of the Study
1.7    Scope of the Study
1.8    Limitation of the Study
1.9    Operational Definition of Terms
CHAPTER TWO: REVIEW OF THE RELATED LITERATURE
2.1.0   Conceptual Framework
2.1.1   Micro Finance Institution and Provision of Services
2.1.2   Micro Finance and Poverty Alleviation
2.1.3   Small and Medium Enterprises and Access to Finance
2.1.4   Micro Finance Bank Policy and Small and Medium-Scale Enterprises in Nigeria
2.1.5   Performance of SMEs in Nigeria
2.2      Theoretical Framework
2.2.1    Harold Dolmar Growth Model
2.3.0    Empirical Framework
2.3.1    Micro Finance Institution and Support to the needing Entities
2.3.2    SMEs Financing and Banking Sector Policies
2.3.3    Some Challenges facing by SMEs Operator and Stakeholder
2.3.4    Government Intervention Policies
CHAPTER THREE: RESEARCH METHODOLOGY
3.1      Research Design
3.2      Population of the Study
3.3      Sampling and Sample Size
3.4      Method of Data Collection
3.5      Method of Data Analyses
CHAPTER FOUR: DATA PRESENTATION AND ANALYSES
4.1      Data Presentation
4.2      Data Analyses
4.3      Test of Hypotheses
4.4      Discussing Finding
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.1      Summary
5.2      Conclusion
5.3      Recommendation
Reference
Appendices  


CHAPTER ONE: INTRODUCTION
1.1 Background to the study
Globally, Small and Medium-scale Enterprises (SMEs) are the major essential business organizations in whole world. Small and Medium Enterprise became the main source of business in Nigeria as the whole. According to Anyanwu, 2004, in Ofeimwn, Nwakoby and Izekor, 2018; Small and Medium-scale Enterprises (SMEs) from the majority of business undertaking in a developing economy like that of Nigeria and to be instrument for the development of any economy.
The survival of Small and Medium-scale Enterprises (SMEs) enhances some governments, some government policy to constitute industrial reform; interim of cash foci in the banking sector as well as petty business activities and also a venture in all circumstances (Zhiri, 2017). The Nigerian government has over the years embarked on the series of policies and institutional reforms aimed at enhancing the flow of finance from the banking sector to Small and Medium- scale Enterprise (SMEs) as well as those involve in petty business (micro) activities and entrepreneurial venture at informal level in particular.
The contribution of’ (SMI’s) sector to the Nigeria economy i crucial to the achievement of a broader development objectives such as poverty elevation spreading of employment opportunities and increasing in indigenous ownership of resources in economics. According to Okoy, 2010; CBN 2004 in Ofemum Nwakoby and lzekor (SMIs) to help generate employment bring industrialization and development to rural areas utilize indigenous resources and distribute income among the poor from the literature, it is evident that the Small and Medium scale Enterprises (SMEs) contribute to economic growth and development, has global recognition for the Small and Medium-scale Enterprises (SMEs) and contain adequate financial detail.
Bank and other financial institutions are currently estimated to provide services to only 25% of potential clients worldwide. This was cited by (Mohammad, 2007) opined that only 2% of micro entrepreneurs are being provided service by banks. However, government at all levels recognized the need to encourage the small enterprise through the provision of credit schemes and policy reforms which brought about emergence of Micro Finance Bank the Federal Government of Nigeria introduced during Obasanjo regime to replace the formal community Bank in Nigeria which became operational in 2005. Nigerians in line with their governments acknowledge the need to alleviate poverty and encourage SMEs, through the provision of credit and inform policy reforms with respect to bringing the Micro Finance Banks under the supervision of Central Bank of Nigeria to create enabling environment for SMEs access to small loans. More so, to ensure that the mission of the policies were achieved, which include ensuring the majority of the active population are reached with financial services, and that the total credit as a percentage of gross domestic product (GDP) ratio increase steadily, as well as micro credit as percentage of total credit to the economy. Equally important was the need to improve access of poor active most especially women to micro finance on a consistent basis (Attah, 2008).

1.2 Statement of Problem
In view of government aims to tackle financial challenges facing Small and Medium Enterprises Scale (SMEs) over years, there are ways to encourage and improve indigenous participation at real sector of the economy that can translate to improved GDP. Sequence to the above roles performed by governments at all levels on SMEs, there were noticeable challenges faced by same such as long, cumbersome and time consuming process of incorporation or business registration to afford the business easy access to better funding opportunities. Another challenge is the inability of most SMEs to provide collaterals for loan security creates misalignment that further compounds the existing funding gap (Olumide, 201 1).
However, this research has indentified major challenges of the SMEs ranges from poor capacity of newly established MFBs to fund, CBN policy on MFBs single oblique limit, undefined interest rate for MFBs, price inflation rate on raw material, non availability of some basic infrastructures like roads networks, electric power, among others.

1.3 Objectives of the Study
This main objective of this study is to determine the impact of micro-finance banks on the survival of small and medium enterprise:
The specific objectives are to:
i. Examine whether there is positive impacts of Micro Finance Banks(MFBs) on SMEs financing in Nigeria.
ii. Ascertain whether macro-finance bank contribute to the survival of small scale enterprise.
iii. Investigate whether microfinance financing lead to the growth of small scale enterprise in Nigeria.

1.4 Research Questions
In line with the objectives of the study, the following research questions is formulated for the purpose of this study:
i. Is there any positive impact of Micro finance banks (MFBs) on SMEs financing in Nigeria?
ii. Do macro-finance ban1contribute to the survival of small scale enterprise?
iii. Do microfinance banks financing lead to the growth of small scale enterprises in Nigeria

1.5 Statement of Hypotheses
The following hypotheses were formulated for the purpose of this study and they are based on the objectives:
Ho1 : Micro finance banks (MFBs) have no Impact on SMEs financing in Nigeria
Ho2 : Macro-finance bank does not contribute to the survival of small scale enterprise.
Ho3: Microfinance bank financing does not lead to the growth of small scale enterprise in Nigeria.

1.6 Significance of the Study
The expected benefits of this research study to all stake holders and partners in national transformation and development are so enormous:
Government: Secondly, the Federal and indeed the States and Local Governments will through the findings of this study discover the immense importance of Micro-financing bank on the survival of small and medium scale enterprise
Investors: This study will be of important to investors as the study will review some important ways to get income through Macro-Finance Bank and the important of investing in Small and medium Scale Enterprise.
Researchers: Scholars, upcoming researchers and students in general stands to benefit from this study as it serves as intellectual information depository for research development on topical issues. Through this study, they will know what have already been said concerning the study area and the areas that call for further study. Above all, it will serve a guide and reference materials for scholars, researchers as well as undergraduate and postgraduate students conducting research in partial fulfillment for the award of degrees.
Society: The society at large and indeed the ordinary citizen or reader of this work will know that his or her individual input to the growth or national development process and the entire body of knowledge is indispensable if genuine transformation that can accelerate National development is to take place in Nigerian and elsewhere.

1.7 Scope of the Study
The scope of this study covers the impact of macro-financing bank on the survival of small and medium scale enterprise in Nigeria. Since the researcher cannot cover the entire Nigeria, the researcher uses Kogi state saving Bank Lokoja as the case study, Kogi State Saving bank was use to enable the researcher get access to available material and information needed for the study, the study covers from (2014-2018)

1.8 Operation Definition of Terms
Micro Finance: Micro Finance is the provision of micro loan to poor entrepreneurs and small business lacking access banking and related services.
Enterprises: In general, any endeavor where the primary incentive is profit no more employment for oneself and other.
Micro Savings: Is defined as a product that consists of small deposit account offered to low income individuals as an incentive to stores find for future use.
Economic Development: This has been defined as the process by which a community or country create reains and reinvests wealth and improves the quantity of life.
Small and Medium Scale Business: Refers to a business that has a small share. If the market not in position to significantly influence the site of the market.
 Micro Credit: Is the provision of cash and a kind of loans in smaller amount to micro, small entrepreneurs meant to improve their business operations.

DOWNLOAD COMPLETE WORK FOR IMPACT OF MICRO FINANCE BANKS ON THE SURVIVAL OF SMALL AND MEDIUM- SCALE ENTERPRISES SMES A STUDY OF KOGI SAVINGS BANK LOKOJA


Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@researchcub.info with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.


Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.


We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.


Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.


Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

A Research proposal for impact of micro finance banks on the survival of small and medium- scale enterprises smes a study of kogi savings bank lokoja:
Reviews: A Review on impact of micro finance banks on the survival of small and medium- scale enterprises smes a study of kogi savings bank lokoja, impact, micro, finance project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
This research work is carried out to evaluate the Impact of Micro Finance Banks (MFBs) on the Survival of Small and Medium-Scale Enterprises (SMEs) in Nigeria to determine the financial service of (MFBs) of the survival of (SMEs). The collection of data was done through the survey method of research by issuing well structured questionnaire to the respondents, the sample size was determined through the use of Yaro Yamane’s formula which is forty four (44) while the percentage and Chi-Square was used to present and analyze the data collected to arrive at a conclusion and possible recommendation. The finding revealed that MFBs have contributed immensely to the development of SMEs in Nigeria, granting credit facilities at a reduced rate. However the survival of which beset SMEs can lead through an improvement in the service of MFBs by the government, therefore government should enact policies to it system to encourage the investors, provide infrastructures facilities needed for the survival of SMEs and monitoring agent of the activities of MFBs... accounting project topics

IMPACT OF MICRO FINANCE BANKS ON THE SURVIVAL OF SMALL AND MEDIUM- SCALE ENTERPRISES SMES A STUDY OF KOGI SAVINGS BANK LOKOJA

Project Information

Share Links

Download Post (MsWord)
Download Post (PDF)

Search for Project Topics

Project topics in Departments

How much does it cost to hire a writer in Nigeria?

Looking for Professional Approach and Quality Research Services ?

Estimating the cost of research writing in Nigeria: Freelance writers in Nigeria may charge anywhere from ₦5,000 to ₦50,000 or more per project, depending on the factors mentioned earlier. SEO-focused content may be on the higher end of this range due to the additional skills and research involved. For a more accurate estimate, it's recommended to reach out with us, discuss your specific requirements, and request a quote based on the scope of your project. Prices can vary, so getting personalized quotes will help you determine the cost more precisely.

Undergraduate Project Topics, economics project topics, marketing project topics, business administration project topics, engineering project topics, computer science project topics, banking & finance project topics, education project topics, law project topics, sciences project topics, public administration project topics, political science project topics, mathematics project topics, medical science project topics, mass communication project topics, research projects, geology project topics, marketing project topics, agriculture project topics, Browse Thousands of Final Year Project Topics, hire a writer, Research Works and Materials, Project topics and materials in Nigeria, Undergraduate Project Topics, Research Works and Materials, research topics, research project materials, complete project materials, computer science project material, free project topics, complete projects, accounting topics, small business topics, entrepreneurship topics, project materials, Nigerian undergraduate projects, business administration projects, computer science topics and projects, MBA Nigerian project topics, human resources, small businesses, entrepreneurship projects, economics projects, impacts projects, effect projects, university projects, polytechnic projects, investigate projects, political science projects, mass communication projects, project topics, human resource projects, education projects, French topics, project analysis, French projects, project tips, project abstract, project proposals, project bibliography, project reference, project seminar, forex, TSA, treasury single account, currency, naira, devaluation, undergraduate projects, final project research, marketing project topics, statistics project topics, mathematics project topics, statistics, mathematics, research projects, project thesis, labour force theses, NCE, OND, HND, BTECH, BSC, MBA, MSC, English projects, linguistic project topics, Free Project topics and materials in Nigeria, research topics, reseach project materials, computer science project material, free, complete, accounting topics, small business topics, materials, nigeria projects, business administration projects, computer science topics and projects, MBA nigeria project topics, human resources, small business, entrepreneurship projects, economics projects, impact projects, effects projects, training, budgets, ghana, university, polytechnic, browse Free project materials and topics in Nigeria, accounting and finance project materials, business administration project materials and topics, human resources, entrepreneurship, computer science and engineering project materials and topics, Accounting project topics, Accounting project topics and materials, Agricultural Economics Project Topics and Materials, Agricultural Science Projects topics and materials, All Project topics and materials, Architecture Project topics and materials, Aviation project topics and materials, Banking & Finance Projects topics and materials, Biology project and materials, Building project topics and materials, Business Administration & Management Projects topics and materials, Chemical Engineering Project Topics and materials, Civil Engineering Projects topics and materials, Communication & mass communication art project topics and materials, Computer Engineering Project Topics and materials, Computer Science Projects topics and materials, Criminology project topics and materials, Economics Research Projects topics and materials, Education Project Topics and Materials, Electrical Engineering Projects and materials, English Education & English Language Project topics and materials, Food Science project topics and materials, Geology Project Topics and materials, Guidance Counseling Project Topics and materials, History project topics and materials, Home Economics Project Topics and Materials, Human Resource Projects topics and Materials, Industrial Chemistry Projects topics and materials, Insurance Projects topics and materials, Law project topics and materials, Library and information science project topics and materials, Marine and Transport management project topics and materials, Marketing Projects topics and materials, Mathematics project topics and materials, Medical Sciences Project Topics and materials, Microbiology project topics and materials, Nursing and Midwifery project topics, Nursing and Midwifery project topics and materials, Optometry or nursing project topics and materials, Petroleum Engineering project topics and materials, Pharmacy project topics and materials, Philosophy project topics and materials, Photography project topics and materials, Physical and Health Education project topics and materials, Physiology project topics and materials, Political science project topics and materials, Project topics and materials, Psychology project topics and materials, Random project, Religious and Cultural Studies Project Topics and Materials, Sociology and Anthropology Project topics and materials, Sociology Project Topics and materials, Tourism project topics and materials, Vocational education project topics and materials. Project Topics: List of Project Topics | impact of micro finance banks on the survival of small and medium- scale enterprises smes a study of kogi savings bank lokoja | impact | micro | finance Project Topics | researchcub.info