Small and medium-scale enterprises in Nigeria: their characteristics, problems and sources of finance

Ekpenyong , D.B. and Nyong, M.O. (1992) Small and medium-scale enterprises in Nigeria: their characteristics, problems and sources of finance. Project Report. AERC, Nairobi, Kenya.

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Abstract

The results of the study show that much initial financing for SMES came from personal savings of theoperators themselves and from formal financial institutions, whileadditional financing came mainly from informal sources. This demonstrates that, as they develop, SMES are financed increasingly by the informal financial institutions. It also shows a complementary relationship between the formal and informal financial institutions, with both providing resources toSMES

Item Type: Monograph (Project Report)
Uncontrolled Keywords: Small business; Nigeria; Finance; RP8534
Author Affiliation: AERC
Subjects: Social Sciences > Agricultural Economics
Divisions: General
Depositing User: Mr Daneti Raju
Date Deposited: 08 May 2014 05:17
Last Modified: 08 May 2014 05:17
URI: http://eprints.icrisat.ac.in/id/eprint/12775

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