CREDIT ACCESS AND THE PERFORMANCE OF SMALL SCALE AGROBASED ENTERPRISES IN THE NIGER DELTA REGION OF NIGERIA
ATTENTION:
BEFORE YOU READ THE CHAPTER ONE OF THE PROJECT TOPIC BELOW,
PLEASE READ THE INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL
PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE
COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953,
08168759420
CREDIT ACCESS AND THE PERFORMANCE OF
SMALL SCALE AGROBASED ENTERPRISES IN THE NIGER DELTA REGION OF NIGERIA
ABSTRACT
The study
was designed to analyze credit access and performance of small scale agrobased
enterprises
in the Niger Delta region of Nigeria. A multi-stage sampling technique
was adopted
in selecting 264 and 96 agro-based enterprises that accessed informal and
formal
credit respectively, through the use of structured questionnaire and oral
interview.
A total of
360 respondents were selected and used for the study. Socio-economic
characteristics
of the enterprises were described using descriptive statistical tools such as
percentages,
means and frequencies. The logit model was used to examine enterprise
characteristics
that had significant influence on informal and formal credit access by
small scale
agro-based enterprises. The Heckman model was used to examine the factors
affecting
informal and formal credit amount accessed. The Poisson regression model was
employed to
examine the factors affecting frequency of informal or formal credit access
by the
enterprises. Current ratio and return on capital were employed to examine the
performance
of enterprises that borrowed from informal and formal credit markets in the
area.
Separate treatment of Informal and Formal Credit served to identify the
similarities
and
differences between the credit source concerning the determinants of credit
access,
amount of
credit accessed, frequency of access, credit default and financial performance
of the
enterprises. The results showed that 60.13% of small scale agro-based
enterprises
had access
to the informal credit market, whereas only 21.86% had access to formal
credit
market. Enterprise age (p<0.10) and social capital (p<0.01) had
significant and
positive
influences on informal credit access, while gender (p<0.01) had a negative
influence on
informal credit access. Formal credit access was positively influenced by
enterprise
age (p<0.05), enterprise size (p<0.05), collateral (p<0.05) and
education
(p<0.10).
Informal
credit amount received was positively influenced by enterprise size
(p<0.10),
guarantor (p<0.05) and social capital (p<0.01), and negatively influenced
by
gender
(p<0.05) and income of enterprise (0<0.01). Formal credit amount received
was
positively
influenced by age of enterprise (p<0.10), size of enterprise (p<0.05),
collateral
(p<0.01)
and social capital (p<0.05). However, influence on income of enterprise
(p<0.01)
had a negative effect. Frequency of informal credit access had a significant
positive
influence on experience in borrowing (p<0.01) and social capital
(p<0.01), while
it had a
significant negative influence on income of enterprise (p<0.01) and
non-agrobased
income
(p<0.01). Frequency of formal credit access was positively influenced by
education
(p<0.10) and collateral (p<0.01), and negatively influenced by interest
amount
(p<0.01)
and non-agro-based income (p<0.01). Furthermore, income of enterprise
(p<0.01)
had a significant positive effect on informal credit default, whereas, gross profit
margin
(p<0.01), interest amount (p<0.05) and shock (p<0.01) had a
significant negative
effect on
informal credit default. Also, formal credit default was negatively influenced
by
gender
(p<0.01), education (p<0.05), gross profit margin (p<0.01) and shock
(p<0.05).
There was a
significant difference between mean return on capital employed by
enterprises
that borrowed from formal and informal credit institutions, hence their
performances
varied. It was recommended that Government and development partners
in the
region should realize these changing realities and designed appropriate credit
packagesfor
the enterprises in the region. This will go a long way in complementing the
amnesty
programme of the Federal Government of Nigeria in the region.
TABLE OF CONTENT:
CHAPTER ONE
INTRODUCTION
1.1 Background of the Study
1.2 Statement of the
Research Problem
1.3 Objectives of the
Study
1.4 Significance of
the Study
1.5 Research Questions
1.6 Research
Hypothesis
1.7 Conceptual and
Operational Definition
1.8 Assumptions
1.9 Limitations of the
Study
CHAPTER TWO
LITERATURE REVIEW
2.1 Sources of
Literature
2.2 The Review
2.3 Summary of
Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 Research Method
3.2 Research Design
3.3 Research Sample
3.4 Measuring
Instrument
3.5 Data Collection
3.6 Data Analysis
3.7 Expected Result
CHAPTER FOUR
DATA ANALYSIS AND RESULTS
4.1 Data Analysis
4.2 Results
4.3 Discussion
CHAPTER FIVE
SUMMARY AND RECOMMENDATIONS
5.1 Summary
5.2 Recommendations
for Further Study
References
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you
will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5,000) into our bank Account
below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3)
Payment Name (If you made a transfer)
(4)
Teller Number (If you made a direct deposit)
We will send your material(s) after we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
Our
other research websites:
Comments
Post a Comment