IDEAS home Printed from https://ideas.repec.org/a/eme/jecpps/v3y2009i1p71-83.html
   My bibliography  Save this article

Credit delivery and sustainability of micro‐credit schemes in Nigeria

Author

Listed:
  • Tomola M. Obamuyi

Abstract

Purpose - The purpose of this paper is to examine the effects of access to credit through micro‐credit institutions on entrepreneurial performance and assesses the loan performance of public credit schemes in Nigeria in order to determine the sustainability of such schemes. Design/methodology/approach - The study employed qualitative approach and exploratory perspective, using primary and secondary data obtained at beneficiary and institutional levels. Findings - The loan repayment rates were generally low for many of the schemes, and this confirms the problems of public sector lending, with implications for the sustainability of the schemes. Many reasons were given for the low repayment rates, among which were poor credit culture of the schemes managed by public sector and the attitudinal nature of Nigerians towards public funds. Practical implications - There is a need for policy makers, researchers and entrepreneurs to improve on the designing of micro‐credit schemes in order to be sustainable. Originality/value - This paper makes a first step towards comparing the performance of public and private micro‐credit schemes in Nigeria.

Suggested Citation

  • Tomola M. Obamuyi, 2009. "Credit delivery and sustainability of micro‐credit schemes in Nigeria," Journal of Enterprising Communities: People and Places in the Global Economy, Emerald Group Publishing Limited, vol. 3(1), pages 71-83, March.
    • Handle: RePEc:eme:jecpps:v:3:y:2009:i:1:p:71-83
    DOI: 10.1108/17506200910943689
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/17506200910943689/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/17506200910943689/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/17506200910943689?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bob Ssekiziyivu & Rogers Mwesigwa & Mayengo Joseph & Isaac Nkote Nabeta, 2017. "Credit allocation, risk management and loan portfolio performance of MFIs—A case of Ugandan firms," Cogent Business & Management, Taylor & Francis Journals, vol. 4(1), pages 1374921-137, January.
    2. Sunia Ayuub, 2013. "Impact of Microfinance on Poverty Alleviation. A Case Study of NRSP in Bahawalpur of Pakistan," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(1), pages 119-135, January.
    3. Miller, Paige & Brux, Jacqueline Murray & Neema, Clementia Murembe, 2016. "Microcredit in Uganda: Fundamental Reform or Just another Neoliberal Policy?," African Journal of Economic Review, African Journal of Economic Review, vol. 4(2), July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:jecpps:v:3:y:2009:i:1:p:71-83. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.