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Estimating Growth in Investment of Micro and Small Scale Enterprises in Nigeria

Author

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  • Ojenike Joseph Olusola
  • Olowoniyi Adeyemi Olusola

Abstract

This study analyzed the growth in investment of Micro and Small Scale Enterprises Intermediated by the informal credit market in Nigeria. Primary data for this study were collected from 10 (ten) Local Government Areas of Oyo State, Nigeria using a multi-stage sampling technique. The result indicates that size of lending, experience in lending business have positive and significant impact on growth in investment of micro and small scale enterprises. Policy aimed at making fund increasingly available to small scale enterprises is recommend to boost growth in small and micro enterprises.

Suggested Citation

  • Ojenike Joseph Olusola & Olowoniyi Adeyemi Olusola, 2013. "Estimating Growth in Investment of Micro and Small Scale Enterprises in Nigeria," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(1), pages 111-123.
    • Handle: RePEc:asi:aeafrj:v:3:y:2013:i:1:p:111-123:id:980
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    Cited by:

    1. Posso, Alberto, 2023. "Terrorism, banking, and informal savings: Evidence from Nigeria," Journal of Banking & Finance, Elsevier, vol. 150(C).
    2. Getachew Ayalu & Aradom Gebrekidan Abbay & Hossein Azadi, 2023. "The role of micro- and small-scale enterprises in enhancing sustainable community livelihood: Tigray, Ethiopia," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(8), pages 7561-7584, August.

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