Impact of Micro Credit on the Performance of Women Entrepreneurs in Delta State
Journal Title: International Journal of Empirical Finance - Year 2014, Vol 2, Issue 1
Abstract
This study attempts to examine the impact of micro credit on the performance of women owned micro enterprises in Delta State. Data were sought through structured questionnaires and analysis using tables, frequencies, percentage, and charts while chi square was used to test the hypothesis. Although 46.6 percent of the respondents were aware of the existence of micro finance banks, only 16.67 percent patronized them. However, the performance of those that patronized them did not improve significantly. This was due to high interest rates and short repayment periods. It was thus recommended that regulatory and statutory bodies should be made to monitor the interest rates on loans and advances as well as accessibility of women Entrepreneurs to finance. Also, micro finance policy should be further publicized to create more awareness to attract patronage from members of the low income group who would then have better knowledge of the finance banks offers.
Authors and Affiliations
Osuji Chinaemerem Casmir
Keywords
Related Articles
- EP ID EP27137
- DOI -
- Views 465
- Downloads 12
The Relationship between the Macroeconomic Determinants and the Profitability of Jordanian Banking System
The goal of this paper is to assess the relationship between the macroeconomic factors and banks’ revenue in the Jordanian banking system. In order to achieve this objective, it is going to analyze seven Jordanian bank...
Impact of Corporate Governance Mechanisms and Banks Performance: Ghana’s Position
Corporate governance has become a global issue and continuously gain urgent attention due to corporate scandals and failure in contemporary times. This study examines the impact of corporate governance mechanisms on fi...
Market Liquidity as a Determinant of Stock Market Development in Nigeria
The paper investigated if market liquidity determines stock market development in Nigeria. To analyze the impact of market liquidity, value of shares traded was modeled on stock market development. Empirical evidence f...
The Benefit of International Equity Diversification: The ‘1/N’ Diversification Rule
This paper studies the international portfolio diversification benefits across time in equity investing using the „1/N‟ diversification rule. Equity returns from 70 countries are used, including developed, emerging and...
Key Fundamental Factors and Long-run Price Changes in Emerging Equity Markets: A Case of ASE-Jordan
As most emerging equity markets have experienced fluctuating developments in the last two decades. This study has been developed to assess the two investment strategies at Jordan’s ASE. This study intends to help clien...