THE ROLE OF COMMERCIAL BANKS IN SMALL SCALE ENTREPRENEURIAL DEVELOPMENT IN ENUGU STATE
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The subject matter of this research work is to evaluate the extent to which Small Scale entrepreneurs in Enugu have been able to obtain loans and raise finance from Nigerian Commercial Banks as a major source of finance to the economy. The main objective of the study is to establish the role of Commercial Banks in financing Small Scale Enterprises (SSEs) in Enugu .A review of literature was done to ensure the conclusion of the study. Based on the analysis, Commercial Banks comply with the Central Bank of Nigeria (CBN) credit guidelines which stipulated that they should set aside 10% of their profit before tax for loan to Small Scale Enterprises (SSEs).Commercial Banks require feasibility report from SSEs before granting loan to them. Small Scale Enterprises do not provide proper feasibility studies due to poor level of education. The research concluded that for small scale enterprises to survive, there have to be a collective effort between them and banks. Also the government should engage more in the development of Small Scale Enterprises by creating and embarking on various incentives to encourage both Small Scale Enterprises and commercial banks.
Related Project Materials
COMMITTEE SYSTEM AND LEGISLATIVE EFFECTIVENESS IN NIGERIA NATIONAL ASSEMBLY: A STUDY OF THE PUBLIC ACCOUNTS COMMITTEE OF THE 7TH SENATE (2011-2015)
Background to the Study
Nigeria’s federal legislative body, the National Assembly, consists of two...
AN EXAMINATION OF PROBLEMS AND PROSPECT OF VALUATION OF ASSETS OF PUBIC BODIES IN ENUGU STATE
ABSTRACT
The state of pubic properties in Nigeria is a source of worry to well meaning citizens of...
IMPACT OF TRANSFORMATION AGENDA ON ECONOMIC DEVELOPMENT IN NIGERIA DURING JONATHAN ADMINISTRATION
STATEMENT OF PROBLEM
The country have being lagging behind interms of infrastructure and the management of wealth; the i...
AN APPRAISAL OF THE LEGAL FRAMEWORK FOR THE REGULATION OF UNIFORM PRICING OF PETROLEUM PRODUCTS IN NIGERIA
ABSTRACT
This study examined why the prices of petroleum products continues to be priced differently in Nigeria despite the existence of...
EVALUATION OF THE AWARENESS LEVEL AND PRACTICES OF GREEN CONSTRUCTION
ABSTRACT
In spite of the huge environmental and energy problem in Nigeria, designers have not seen the need for a shift from thei...
A CRITICAL ANALYSIS OF THE EFFECT OF BANDITRY ON RURAL COMMUNITY DEVELOPMENT IN NIGERIA
ABSTRACT
The study is focused on a critical investiagation of banditry on rural community development using funtua local...
EFFECT OF CREATIVE ACCOUNTING ON STAKEHOLDER’S WEALTH
ABSTRACT
This study is motivated by the existence of a deficiency in the financial reporting system in...
PHYTOCHEMICAL ANALYSIS OF SELECTED TOMATO PRODUCTS
-
INTRODUCTION
Intake of tomato and tomato based-products contributes to the absorption of a...
TRIPLY ENTRY ACCOUNTING SYSTEM AND FINANCIAL REPORTING
INTRODUCTION
Modern financial accounting is based on a double entry system. Described simply, double en...
Design and implement a computerized drug information management system drug procurement and distribution tracking system
ABSTRACT
Drug procurement and distribution tracking system is a set of computer programs that obtains the supplies of drugs, distribute t...
