The role of microfinance banks in small scale business in Ogun state Department: Business Administration and Management By: besterine97 Project ID: 2654 Rating: (3.3) votes: 6Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractThis research work empirically explored the role of microfinance banks in financing small businesses in Ogun state. The purpose of which is to investigate the impact of microfinance banks on small business as well proffer solution to problems posed by microfinancing. The objectives of this study were to examine the impact of micro-credit from microfinance banks on the performance of small businesses in Ogun state and to appraise the success of microfinance banks in playing its role of pulling resources for utilization by small businesses in Ogun state. The scope of the study is Ogun state in 2019 making use of business owners, contingency management theory was used as a framework. The research design used for this study is survey, the population targeted for this study consists of all business owners. 400 business owners were used as sample size and cluster sampling technique was applied. Instrument used for this study is the questionnaire. Data collected were collected from primary sources. From the analysis of the data, the findings show that micro-credit from microfinance affect the performance of small business in Ogun state, microfinance bank plays its role of pulling resources for utilization by small businesses in Ogun state. Following the findings, it was recommended that micro-credit from microfinance should be granted to small scale business at low interest rate and longer repayment period, microfinance bank plays its role of pulling resources for utilization by small businesses in Ogun state there the existence of microfinance banks by government should be encouraged. The study concludes that microfinance has a strong impact on small business enterprise’s survival....Preview Download Preview +Other Business Administration and Management project topics and materials you might be interested in»The Effect of Management Information System on Achievement of Organization Objectives ( A Case Study of Nitel Owerri )»The impact of production planning and control on a manufacturing process ( a case study of Nigeria bottling company aba, abia state)»Marketing implication of merger and acquisition in banking industry - a case study of Access bank Plc, Bida branch, Niger state»The Effect of Motivation on Employees Productivity in Anambra State ( A Case Study of Education Commission Awka )»The Impact of Staff Discipline in the Attainment of Organizational Objectives ( A Case Study of Selected Organizations in Owerri, Imo State )»The Impact of Performance Appraisal on Staff Productivity ( A Case Study of Diamond Bank Plc, Owerri )»The effect of irregular payment of workers salaries on productivity of workers in imo state (a case study of owerri municipal council)»A critical evaluation of leadership style and organization performance in the private sector ( a case study of selected establishment in abia state)»The impact of welfare packages on employees performance (A case study of Nigeria breweries plc Aba)»The Effects of Motivation on Workers Morale ( A Case Study of Power Holding Company of Nigeria, Aba )»Motivation and Employee Performance in Public Sector ( A Case Study of NTA Channel 12 owerri)»Management Problems of Manufacturing Industries in Nigeria ( A Case Study of Nigeria Breweries Plc and Unilever Plc )»An assessment of the impact of modern communication facilities on service delivery in business organization ( A case study of ICT based firms in aba, abia state)»The Impact of Delegation on Management Decision Making ( A Case Study of Zenith Bank Plc, Enugu )»The Role of Customer Service in the Service Delivery of Multinational Companies in Nigeria ( A Case Study of Unilever Nigeria Plc Aba)