Analyzing the Impact of Microfinance Banks Credit Variables on Micro, Small Enterprises Growth Indicators in South-West, Nigeria

Simple item page
dc.contributor.authorObadeyi, J.A
dc.contributor.authorOgbeide, Sunday
dc.contributor.authorAdesuyi, I.O
dc.date.accessioned2021-06-21T12:29:45Z
dc.date.available2021-06-21T12:29:45Z
dc.date.issued2020-06
dc.descriptionStaff Publicationen_US
dc.description.abstractDespite several reforms both in the banking and informal sectors; it is sad that there have been dwindling development in both sectors. In view of this, this study analyzed the impact of Microfinance Banks (MFBs) credit variables on Micro Small Enterprises (MSEs) growth indicators in South-West, Nigeria. Sampled MFBs, MSEs and some South-West States were purposively selected. Secondary data was extracted from financial statements of eight selected MFBs from 2007-2016 (10years). Relationship between MFBs variables and MSEs’ growth was analyzed using Correlation matrix, while extent at which MFBs variables influenced MSEs growth was analyzed using panel regression. Results showed the relationship between MFBs credit variables and MSEs’ growth with an average ‘r’ at 68.56% (p<0.05); and the extent at which MFBs credit variables influenced MSEs growth (p<0.05) such as profit, total asset, number of employee growth and sales with R2 were 61.4%, 58.3%, 48.1% and 52.1%, respectively. The study concluded that MFBs credit variables influenced MSEs growth. It was recommended that MFBs should moderately increase loan size in order to improve MSEs’ business operations.en_US
dc.identifier.issn2222-2847
dc.identifier.uri10.7176/RJFA/11-12-06
dc.identifier.urihttp://repository.elizadeuniversity.edu.ng/jspui/handle/20.500.12398/1157
dc.language.isoenen_US
dc.publisherIISTE : Research Journal of Finance and Accountingen_US
dc.subjectMicrofinance Banks,en_US
dc.subjectMicro Small Enterprises,en_US
dc.subjectCredit Variables,en_US
dc.subjectGrowth indicators,en_US
dc.subjectSouth-West,en_US
dc.subjectNigeriaen_US
dc.titleAnalyzing the Impact of Microfinance Banks Credit Variables on Micro, Small Enterprises Growth Indicators in South-West, Nigeriaen_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
327151470 (1).pdf
Size:
338.16 KB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.61 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Research Articles