THE IMPACT OF BANK LOANS ON SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | 2 orders. | Marked useful: 8,148 times
INSTANT PROJECT MATERIAL DOWNLOADABSTRACT
Small and Medium enterprises are the catalyst for economic growth in most economies thus, the fundamental objective of this study is to investigate the impact of loans on Small and Medium Enterprises (SMEs) in Nigeria. So that the ability of SMEs to develop positively and drive economic growth in the Nigeria will become real. Simple random sampling technique was employed in selecting the 100 SMEs that constituted the sample size of the research. Structured questionnaire was designed to facilitate the acquisition of relevant data which was used for analysis. Descriptive statistics which involves simple percentage graphical charts and illustrations was tactically applied in data presentations and analysis. The findings of the study reveal that significant number of the SMEs benefitted from the loans even though only few of them were capable enough to secure the required amount needed. Interestingly, majority of the SMEs acknowledge positive contributions of loans towards increasing their returns and sales thus placing them in the competitive arena. It is recommended that Banks should review their interest rate downwards and also share best practices with their SME customers especially on the efficient use of loans; this will boost their productivity and support SMEs in Nigeria.
This material content is developed to serve as a GUIDE for students to conduct academic research
DOWNLOAD THIS PROJECT MATERIAL NOW!
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
AN INVESTIGATION OF THE EFFECT OF HIKE IN ELECTRICITY TARIFF ON PERFORMANCE OF INFANT MANUFACTURING ...
CHAPTER ONE INTRODUCTION Background of the study Historically, tariffs were a significant portion of government revenue and were implemented to supp...More »
Item Type: Project Material | 54 pages | 1,636 engagements |
- 2.
THE IMPACT OF INCREASE OF ELECTRICITY TARIFF ON THE OPERATION OF SMALL SCALE ENTERPRISES IN UTAKO, A...
CHAPTER ONE INTRODUCTION Background of the Study Small scale firms play a crucial role in providing employment opportunities in the United Stat...More »
Item Type: Project Material | 54 pages | 1,531 engagements |
- 3.
ANALYSIS OF NIGERIA POWER SYSTEM VOLTAGE COLLAPSE AND ITS EFFECT ON THE OPERATIONS OF SMES IN EKITI ...
CHAPTER ONE INTRODUCTION Background of the study Many individuals neglect to take a moment to reflect upon the profound and revolutionary influence...More »
Item Type: Project Material | 54 pages | 1,316 engagements |
- 4.
PERCEIVED REQUIREMENTS FOR STARTING AND SUSTAINING A BUSINESS VENTURES BY KEATS STATE UNIVERSITY ENT...
CHAPTER ONE INTRODUCTION Background of the study The launch of a brand new company necessitates the application of a variety of resources, ranging ...More »
Item Type: Project Material | 54 pages | 1,540 engagements |
- 5.
AN ASSESSMENT ON THE IMPACT OF SMES FINANCING ON BUSINESS SUSTAINABILITY A CASE STUDY OF JEMA'A LOCA...
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Since Nigeria attained independence in 1960, considerable efforts have been directe...More »
Item Type: Project Material | 54 pages | 1,751 engagements |
- 6.
THE ROLE OF GOVERNMENT POLICIES IN THE GROWTH OF SMALL AND MEDIUM ENTERPRISES IN CAMEROON
CHAPTER ONE INTRODUCTION Background of the study A consensus exists among policy makers, administrators, researchers, donors, and non governmental ...More »
Item Type: Project Material | 54 pages | 3,159 engagements |