Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
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This Author published in this journals
All Journal International Journal of Management and Business Intelligence (IJMBI)
Chigo, Uchehara Chris
Unknown Affiliation
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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Microfinance Bank’s Loans and Micro, Small and Medium Enterprises Financial Performance in Ota Town Ogun State Adurayemi, Adu Cecilia; Chigo, Uchehara Chris
International Journal of Management and Business Intelligence Vol. 1 No. 4 (2023): December 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijmbi.v1i4.1074

Abstract

This study evaluated the effect of microfinance bank’s loans on the micro, small and medium scale enterprises financial performance in Ota. The population of the study was five (5) micro, small and medium scale enterprises who were customers of Covenant Microfinance Bank.  Regression analysis was used to analyze the two hypotheses. It was found out that microfinance bank’s loans have positive and significant relationship with the financial performance of (MSMEs). It was recommended that microfinance banks should give more loans to (MSME) in order to improve their return on assets.
Co-Authors Adurayemi, Adu Cecilia