International Journal of Management and Business Intelligence (IJMBI)
Vol. 1 No. 4 (2023): December 2023

Microfinance Bank’s Loans and Micro, Small and Medium Enterprises Financial Performance in Ota Town Ogun State

Adurayemi, Adu Cecilia (Unknown)
Chigo, Uchehara Chris (Unknown)

Article Info

Publish Date
28 Dec 2023

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.

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Journal Info
International Journal of Management and Business Intelligence (IJMBI)
Website

Abbrev

ijmbi

Publisher

MULTITECH PUBLISHER

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

The International Journal of Management and Business Intelligence (IJMBI) is a peer-reviewed international journal is published by Multitech publisher that includes the results of theoretical and applied research in the following areas of Business Intelligence, Management, Finance, Accounting, and ...