MICROFINANCE INSTITUTIONS AND THE DEVELOPMENT OF SMALL SCALE BUSINESSES IN TORORO DISTRICT~TORORO MAIN MARKET

  • Type: Project
  • Department: Accounting
  • Project ID: ACC3892
  • Access Fee: ₦5,000 ($14)
  • Pages: 66 Pages
  • Format: Microsoft Word
  • Views: 188
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

TABLE OF CONTENTS

DECLARATION

APPROVAL I

DEDICATION ii

ACKNOWLEDGEMENT iv

TABLE OF CONTENTS ~ v

LIST OF TABLES xi

LIST OF ABBREVIATIONS xii

ABSTRACT

ChAPTER ONE:~~. n o nu~n

INTRODUCTION. nwuu~un. ,nnn~Nenu~n~nt, nøg~n~ nfl,

1.0 Introduction; 1

1.1 Background of study; 1

1.2 Statement of the Problem; 4

1.3 Purpose of the study; 4

1.4 Objectives of the Study; 5

1.5 Research Questions; 5

V

1.6 Scope of the Study; ~

1.6.1 Content Scope; 6

1.6.2 Geographical Scope; 6

1.6.3 Time Scope; 6

1.7 Significance of the study; 6

1.8 Definitions of operational terms 7

CFIAP1~ER ~r~A~O u~,unn,,wuuau,,,ub flO ~

LITERAT~JRE REVIEW u

2.0 Introduction 8

2.1 Nature of financial services offered by Micro-Finance Institutions 9

2.2 Challenges faced by Micro-finance Institutions 10

2.3 Relationship between Micro-Finance Institutions and the performance of Small

scale businesses 13

2.4 Conclusion 15

C~1AP’rER ~~F1REE ~ fl...

M ET~1ODOLOGY ~•~

3.0 Introduction; 17

vi

Research Design •.........e.....•t...et........e................................nnn.....n.17

Study Population;~.. 18

Sample 18

Sampling l’lettiod, •••~•~SIII•t~•geI.•IIsesI~.•t......t.•......•eI..I.e.....n...nnn.. ..............19

Data Collection lvlethocls/lnstrurner,ts ~•. . . . ........•.......... . ......... . .. .. .. . . . . . ..... ........19

Questionnaires,

Intervlevvs,~

~

20

3.1

3.2

3.3

3.4

3.5

3.5.1

3.5.2

3.5.3 Documentary Re~ilevv ................................................................................20

3.6 Rellabllll:y and validity of the Instrumnent.........................................................21

3.7 Data processing and analysls..........................................................................21

3.8 limItation of the Studly; ......................................................................22

CHAPTER

DATA PRESENTATION, DISCUSSION AND ANALYSIS OF FINDINGS..............23

4.0 IntroductIon, .... .... .. . .. ........... . . . ...... . . ....... ... . . . .............. .. ... ... . .. . ..... .. . .... . . . . ..... ..23

4.1 l)ernographlc lnftrmnatlon of the respcndents, •................................................23

table 4.3. Shows education lei~el of a manager ....................................................~..27

vii

4.2Findings on the Nature of financial services offered by Micro-Finance Institutions...30

4.3 Findings on the Challenges faced by Micro-finance Institutions .................33

4,3 Findings on the Relationship between Micro-finance Institutions and Small and

medium enterprises~36

According to the research findings on table 8 above, out of the 92 respondents

interviewed on whether Micro finance institutions offer low interest loans to small scale

business which if utilized and managed well leads to their development, 52(57%) of the

respondents strongly agreed, 15(16%) agreec.l ,ll(12%) strongly disagreed and finally

14(15%) of the respondents disagreed~37

CIIAP’rER FIVE .~ ~

CONCLUSION AND RECOMMENDATION

5.0 Introduction 39

5.1 Summaries of major findings 39

5.1.1 Findings on the Nature of financial services offered by Micro-Finance

Institutions 39

5.1.2 Findings on the Challenges faced by Micro-finance Institutions 39

5.1.3 The Relationship between Micro-finance Institutions and Small and medium

enterprises 40

ABSTRACT The purpose of the study was to examine the contribution of microfinance institutions to the development of small scale businesses in tororo Di~trict using the objectives to examine the nature of financial services offered by Micro .PThance Institutions to the small scale business owners of Tororo District, to find out the challenges faced by Micro-finance Institutions while admini~tering loans to the small scale business owners iii Tororo District and finally to establi~h the relationship between Micro-finance Institutions and Small and medium enterprLs’es. The researcher used a cross sectional and descri;otive research desiqns to collect qualitative and quantitative data .A sample sfre of 92 respondents was used in the study. Questionnaire, interviews and the research guide were used for collecting data from respondents. The research findings revealed that out of the 92 respondents interviewed on the Nature of financial services offered by Micro-Finance Institutions, the biqgest percentage of respondents that is 53(58%) of the respondents strongly agreed said that Microfinance institutions provide financial literature to people followed by 49(S3%,,~ of the respondents who strongly agreed that Microfinance institutions offer enterprise development services, on the Challenges faced by Micro-finance Institutions, the higgest percentage of respondents that was 69~”76%,) strongly agreed that many small business clients have inadequate and inaccurate finandal records and on the Relationshio between Micro-finance Institutions and Small and medium enterprises, the biggest number of respondents that was 60(65%) of the respondents strongly aqreed that Micro finance institutions offer financi~l advice/trainiriq to the owners of small scale businesses on how to manage loans hence helping them to manage their business well leading to development. The researcher recommended that a study should be done to find out why many SMEs do not make use ofthe micro insurance.

MICROFINANCE INSTITUTIONS AND THE DEVELOPMENT OF SMALL SCALE BUSINESSES IN TORORO DISTRICT~TORORO MAIN MARKET
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Accounting
  • Project ID: ACC3892
  • Access Fee: ₦5,000 ($14)
  • Pages: 66 Pages
  • Format: Microsoft Word
  • Views: 188
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Accounting
    Project ID ACC3892
    Fee ₦5,000 ($14)
    No of Pages 66 Pages
    Format Microsoft Word

    Related Works

    TABLE OF CONTENTS DECLARATION APPROVAL I DEDICATION ii ACKNOWLEDGEMENT iv TABLE OF CONTENTS ~ v LIST OF TABLES xi LIST OF ABBREVIATIONS xii ABSTRACT ChAPTER ONE:~~. n o nu~n INTRODUCTION. nwuu~un. ,nnn~Nenu~n~nt, nøg~n~ nfl, 1.0 Introduction; 1 1.1 Background of study; 1 1.2 Statement of the Problem; 4 1.3 Purpose of the study; 4 1.4 Objectives... Continue Reading
    ABSTRACT The study on the roles of micro finance institutions (MFI) in Kaduna metropolis, base on a survey of five MFIs Yamans's sampling technique was used to determine the sample size in this research work. Primary data was gathered through the administration of questionnaires. In testing the... Continue Reading
    THE ROLE OF CAPITAL MARKET IN THE DEVELOPMENT OF SMALL SCALE BUSINESSES IN NIGERIA TABLE OF CONTENTS CHAPTER ONE INTRODUCTION 1.1     Background to the Study 1.2     Significance of the Study 1.3     Statement of the Problems 1.4     Objectives of the Study 1.5     Research Hypotheses 1.6     Research Questions 1.7    ... Continue Reading
    CHAPTER ONE 1.0 INTRODUCTION 1.1    AN OVERVIEW OF THE STUDY OBJECTIVES OF THE STUDY The general objective of this study is to examine the impact of micro-finance bank on the performance of small scale businesses in Delta State.  The study will be on the  performance  of small scale industry business in Delta State the specific objectives... Continue Reading
    TABLE OF CONTENTS DECLARATION ..... ................. ....... ............ ........... ...... ................. ........ ....... ........ ... i APPROVAL ... .. ..................................................... ...... ........... ... ... ... .................. .. .. ii DEDICATION .... ... .... ... .... .............................. ........ Continue Reading
    TABLE OF CONTENTS DECLARATION ............................................................................................................................ i APPROVAL .................................................................................................................................. ii TABLE OF CONTENTS... Continue Reading
    The purpose of the study was to determine the relationship between commercial banks lending  policies and financial performance of selected small scale businesses in Kampala City. The study  was guided by three objectives namely; to examine the lending policies used in Commercial Banks  by Small Scale Businesses, to establish the factors... Continue Reading
                       CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE ESSAY The history of indigenous businesses in Nigeria has the history of small-scale enterprises. Independent businesses are everywhere and in line of work in our community. Many people want... Continue Reading
    (A STUDY OF SELECTED SMALL AND MEDIUM SCALE BUSINESSES IN ENUGU STATE) ABSTRACT This research work, examined the Effect of Management Consultancy on the Development of Small and Medium Scale Businesses in Nigeria, with Selected Small and Scale... Continue Reading
    BACKGROUND OF THE STUDY Small and medium scale enterprises (SMEs) as defined by the National Council of Industries referto business enterprises whose total cost excluding land is not more two hundred million naira(200,000,000) only. It has been argued that SMEs are an effective instrument for economic growthand development in development as well... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us