THE PROBLEMS AND PROSPECTS OF FINANCING SMALL-SCALE ENTERPRISES IN NIGERIA


ABSTRACT
The primary objective of this research was to examine the problem and prospects of financing small-scale enterprises in Bida Local Government Area of Niger state. To achieve this objective the researcher formulated questionnaire and also carried out personal interview on the small-scale personnel, forty-four (44) copies of questionnaires was issued out to the small-scale personnel and forty (40) copies was fully completed and returned.
Hypothesis was formulated and chi-square (X2), was used as a tool of statistical analysis. The findings of this work shows that owners of small scale enterprises, within Bida local government Area  of Niger State finds it difficult to source finance for funding their business apparatus and also high interest on loan is another major problem, in the light of the above, the research recommends as follows: that improved loan be made available to small scale enterprises, establishment of small scale partnership, favourable government policies, establishment of small scale bank and establishing a suitable ground for staff training and development programmes.

TABLE OF CONTENTS
TITLE PAGE: …………………………………………………  ….       .i
APPROVAL PAGE: ………………………………………………….   ii
DEDICATION: ……………………………………………………….  iii
ACKNOWLEDGEMENT: ………………………………………….     iv
ABSTRACT: …………………………………………………………   vi
TABLE OF CONTENTS: ………………………..………………….     vii

CHAPTER ONE:                                                                                                   
1.0       INTRODUCTION: …………………………………………………      1
1.1       BACKGROUND OF THE STUDY: ……………………………….       1
1.2       STATEMENT OF THE PROBLEMS: ……………………………         3
1.3       OBJECTIVES OF THE STUDY: …………………………………        4
1.4       HYPOTHESES OF THE STUDY: ……………..…………………         4
1.5       SIGNIFICANCE OF THE STUDY: ………………………………         5
1.6       SCOPES AND LIMITATIONS OF THE STUDY: …………….…         6

CHAPTER TWO:                                                                                                          
LITERATURE REVIEW: ……………………………………………           8
CONCEPTUAL FRAME WORK: ……………………………………. 8
CHARACTERISTICS OF SMALL SCALE ENTERPRISES: ………… 12
ROLES OF SMALL-SCALE ENTERPRISES: ……………………….. 14
BRIEF HISTORY OF LADY FLORA BEAUTY SALON BIDA LOCAL GOVERNMENT AREA ………………………………………………        ….       18
SOURCE OF FINANCE AVAILABLE TO SMALL-SCALE ENTERPRISES: ………………………………………………………………………… ….       19
FEDERAL GOVERNMENT FINANCE ASSISTANCE TO SMALL-SCALE ENTERPRISES …………………………………………………………   22
PROBLEMS MILITATING AGAINST THE SUCCESS OF SMALL-SCALE ENTERPRISES: …………………………………………………………   25

CHAPTER THREE
RESEARCH METHODOLOGY: ………………………………………..         31
3.1       DATA REQUIREMENTS AND SOURCES: ……………………          32
3.2       POPULATION OF STUDY: …………………………………….           33
3.3       DESIGN AND ADMISTRATION OF QUESTIONNAIRE: ……            33
3.4       SAMPLE SIZE DETERMINATION: ……………………………          34
3.5       SAMPLE SIZE: ………………………………………………….          35
3.6       ANALYTICAL TECHNIQUES: …………………………………         36

CHAPTER FOUR:
DATA PRESENTATION AND ANALYSIS OF RESULT: ……..………          40
4.0       DATA PRESENTATION: …………………………………………       40
4.2       ANALYSIS OF RESEARCH DATA: ……………………………          41
4.3       TEST OF RESEARCH HYPOTHESES: …………………………          49

CHAPTER FIVE
SUMMARY CONCLUSION AND RECOMMENDATION: .……………        56
5.1       SUMMARY OF FINDINGS: …………………………………   56
5.2       CONCLUSION: ………………………………………………   57
5.3       RECOMMENDATIONS: …………………………………………        58
REFERENCES ………………………………………………………    60
 
THE PROBLEMS AND PROSPECTS OF FINANCING SMALL-SCALE ENTERPRISES IN NIGERIA; 
A CASE STUDY OF SOME SELECTED SMALL-SCALE ENTERPRISES IN BIDA LOCAL GOVERNMENT AREA OF NIGER STATE

A RESEARCH PROJECT SUBMITTED TO 
DEPARTMENT OF ECONOMICS, 
FACULTY OF SOCIAL SCIENCES, 
EBONYI STATE UNIVERSITY, ABAKALIKI, 
IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF BACHELOR OF SCIENCES (B.Sc) HONORS DEGREE IN ECONOMICS.
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