Home » Business Admin. and Management » THE IMPACT OF BANK LOANS ON SMALL AND MEDIUM SCALE ENTEPRISES IN NIGERIA (A CASE...

THE IMPACT OF BANK LOANS ON SMALL AND MEDIUM SCALE ENTEPRISES IN NIGERIA (A CASE STUDY OF CUSTOMERS IN UNITED BANK FOR AFRICA)

Sold By: Joe Project Store | Item Type: Project Material | Report this?  |  Attributes: 67 pages | 1-5 chapters | Amount: ₦5,000 | 4 orders. | Marked useful: 6,160 times

INSTANT PROJECT MATERIAL DOWNLOAD

ABSTRACT   
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 benefited 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

For advertisement, call 08168958821

Not what you were looking for? Perform a search

What's your project topic?


Comment on Facebook: