Micro-Financing of Nigerian Micro and Small Entrepreneurs: Creating Value to the National Productivity ( A study of South-west Nigeria)
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The s tudy investigated the impact of micro-financing of
Nigerian micro and small entrepreneurs' as a measure of
creating va lue to increasing productivity in Nigeria.
Releva nt literil tures were sourced on how micro and small
entrepreneurs ' contributions in South-West Nigeria could
create value to the national p rod ucti vity. Theoreticill models
were reflected and used in d evelopiilg the two hypotheses
investigated through the surn~y of three hundred ctnd sixtyseven
(367) micro enterprises, Jnd one hundred and thirtyfive
(135) small enter prises which were randomly selected
'A~tb thf• ~id nf ITndti-s ~,lg/-. r~: r. ~ · ,.; s ~ --- ··
Multip le regressions vvcrc used to analy ze enterpri5es
finance by microfinancc banks in Nigeria. Findings rt' l·ealed
tha t micro-financing of rnicro and small entrepreneurs
enhanced their productivity; and the impact of the fina nce
,.,·as fel t in their contr ibutiuns to the gro,vth uf the national
productivity. It was recommended that microfinance and
training supports s hould be made mandatory to further
enhance p roductivi ty of micro entrepreneurs in Nigeria .
Keywords
HF5601 Accounting, HJ Public Finance