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The influence of microfinance banks on the survival of small business in Nigeria

Kaigama, Y. M. and Talib, N. A. and Ashari, H. and Chikaji, A. I. (2017) The influence of microfinance banks on the survival of small business in Nigeria. Advanced Science Letters, 23 (9). pp. 8846-8850. ISSN 1936-6612

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Abstract

This paper seeks to examine the influence microfinance banks on small business survival in Nigeria. The survey method was used. A sample of 309 small business owners was randomly selected. A structured questionnaire was administered on sample. The primary data that is collected was complemented secondary data (business record) obtained from the sampled businesses owners. The collected data was evaluated using PLS path modelling. The results show that MBFs positively influence the survival of small businesses. On the basis of this major finding we recommended that better financing options such as bank of investment should be made available to small businesses in line with the long-term survival imperatives of the small businesses financed.

Item Type:Article
Uncontrolled Keywords:Microfinance banks, Nigeria, Small business, Survival
Subjects:H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:Management
ID Code:75195
Deposited By: Fazli Masari
Deposited On:27 Mar 2018 13:59
Last Modified:27 Mar 2018 13:59

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