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Effect of Microfinance Banks Services on the Performance of Micro-Enterprises in Benue State, Nigeria

Author

Listed:
  • Adudu, Chiangi Adudu
  • Torough, Samuel
  • Asenge, Emmauel Lubem

Abstract

The study investigates the effect of microfinance banks services on the performance of micro-enterprises in Benue State, Nigeria. The study adopts a survey design and a sample of 350 respondents was determined from population 311,502 micro enterprises in Benue State. The questionnaire was subjected to validity and reliability using factor analysis and Cronboch Alpha respectively. Multiple regression was used data analysis and test of formulated hypotheses with the aid of the Statistical Package for Social Sciences (SPSS Version 21). Findings revealed that there is no significant effect of microfinance loan on performance of micro-enterprises in Benue State, Nigeria (p-value 0.631 > a 0.05). The study showed a positive significant effect of microfinance technical training on performance of micro-enterprises performance in Benue state, Nigeria (p-value 0.000

Suggested Citation

  • Adudu, Chiangi Adudu & Torough, Samuel & Asenge, Emmauel Lubem, 2020. "Effect of Microfinance Banks Services on the Performance of Micro-Enterprises in Benue State, Nigeria," International Journal of Science and Business, IJSAB International, vol. 4(4), pages 113-1124.
    • Handle: RePEc:aif:journl:v:4:y:2020:i:4:p:113-1124
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