IDEAS home Printed from https://ideas.repec.org/a/rss/jnljef/v2i1p4.html
   My bibliography  Save this article

Impact of Micro Credit on the Performance of Women Entrepreneurs in Delta State

Author

Listed:
  • Osuji Chinaemerem Casmir

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.

Suggested Citation

  • Osuji Chinaemerem Casmir, 2014. "Impact of Micro Credit on the Performance of Women Entrepreneurs in Delta State," International Journal of Empirical Finance, Research Academy of Social Sciences, vol. 2(1), pages 45-51.
    • Handle: RePEc:rss:jnljef:v2i1p4
    as

    Download full text from publisher

    File URL: http://rassweb.org/admin/pages/ResearchPapers/Paper%204_1497043029.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Joseph Andrew Kuzilwa, 2005. "The Role of Credit for Small Business Success," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 14(2), pages 131-161, September.
    2. Sylvanus I. Ikhide & Abayomi A. Alawode, 2001. "Financial sector reforms, macroeconomic instability and the order of economic liberalization: The evidence from Nigeria," Working Papers 112, African Economic Research Consortium, Research Department.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Felix, Ayadi & Marianne, Ojo, 2013. "Central bank independence: monetary policies in selected jurisdictions (I)," MPRA Paper 45679, University Library of Munich, Germany.
    2. Martina Chinazom Okorie & David Onyinyechi Agu, 2015. "Does Banking Sector Reform Buy Efficiency Of Banking Sector Operations? ? Evidence from Recent Nigerias Banking Sector Reforms," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 5(2), pages 264-278, February.
    3. Nwakanma Prince Chinaecherem & Ifeanyi Mgbataogu, 2013. "Influence of Interest Rates Regimes on Deposit Money Banks’ Credit in Nigeria: An Econometric Assessment," International Journal of Empirical Finance, Research Academy of Social Sciences, vol. 1(3), pages 52-64.
    4. Asif Sajid & Amjad Ali, 2018. "Inclusive Growth and Macroeconomic Situations in South Asia: An Empirical Analysis," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 7(3), pages 97-109, September.
    5. Jansen, Marion, 2006. "Services Trade Liberalization at the Regional Level: Does Southern and Eastern Africa Stand to Gain from EPA Negotiations?," CEPR Discussion Papers 5800, C.E.P.R. Discussion Papers.
    6. Ismail O. FASANYA & Adegbemi B.O ONAKOYA & Mariam A. AGBOLUAJE, 2013. "Does Monetary Policy Influence Economic Growth in Nigeria?," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(5), pages 635-646, May.
    7. Adeniyi Ì. Afolabi & Kafilat A. Sotan & Susan O. Emeje, 2021. "Financial sector reform and economic growth in Nigeria: An econometric approach," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 128-143,144.
    8. Osuagwu, Eze Simpson & Nwokoma, Ndubisi, 2017. "Empirical assessment of the competitive conduct of Nigerian banks in a post-consolidation era," Research in International Business and Finance, Elsevier, vol. 41(C), pages 412-422.
    9. Jeroh Edirin & C. M. Ekwueme, 2015. "Interest Rate Regime And The Performance Of The Nigerian Capital Market," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 22.
    10. Erasmus L. Owusu & Nicholas M. Odhiambo, 2014. "Financial liberalisation and economic growth in Nigeria: an ARDL-bounds testing approach," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 17(2), pages 164-177, June.
    11. Karimo, Tamarauntari M., 2015. "The Impact of Economic Liberalization Policy on Performance of the Nigerian Industrial Sector - L’impatto della politica di liberalizzazione economica sulla performance del settore industriale in Nige," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 68(2), pages 229-257.
    12. Anthony Orji & God'stime Osekhebhen Eigbiremolen & Jonathan Emenike Ogbuabor, 2014. "Impact of Financial Liberalization on Private Investment: Empirical Evidence from Nigerian Data," Review of Economics & Finance, Better Advances Press, Canada, vol. 4, pages 77-86, May.
    13. Olubayo Thomas Olajide & Taiwo Asaolu & Charles Ayodele Jegede, 2011. "The Impact Of Financial Sector Reforms On Banks Performance In Nigeria," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 5(1), pages 53-63.
    14. Jansen, Marion, 2006. "Services trade liberalization at the regional level: Does Southern and Eastern Africa stand to gain from EPA negotiations?," WTO Staff Working Papers ERSD-2006-06, World Trade Organization (WTO), Economic Research and Statistics Division.
    15. Okoh Johnson Ifeanyi & Nkechukwu Gabriel Chukwu, 2014. "The Nexus of Interest Rate Deregulation and Economic Growth in Nigeria," International Journal of Empirical Finance, Research Academy of Social Sciences, vol. 3(3), pages 142-151.
    16. Frances N Obafemi & Olumide S Ayodele & Friday S Ebong, 2013. "The Sources of Efficiency in the Nigerian Banking Industry: A Two-Stage Approach," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 2(4), pages 78-91, October.
    17. Hager HAMDANE BEN LETAIFA, 2011. "Déréglementation bancaire et stabilité financière dans les pays émergents," Journal of Academic Finance, RED research unit, university of Gabes, Tunisia, vol. 2(1), April.
    18. T.P.Ogun & A.E.Akinlo, 2011. "Financial Sector Reforms and the Performance of the Nigerian Economy," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 3(1), pages 047-060, June.
    19. Mohamed Tahar RAJHI & Mohamed Sadok GASSOUMA, 2011. "Rapprochement entre capital reglementaire et capital economique dans les banques Tunisiennes dans le cadre du passage du Bâle I au Bâle II," Journal of Academic Finance, RED research unit, university of Gabes, Tunisia, vol. 2(1), April.
    20. Enobong Udoh & Eghosa Osagie, 2017. "Empirical Analysis of the Impact of Financial Sector Reforms on Savings Mobilization in Nigeria," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 20(63), pages 53-71, March.

    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:rss:jnljef:v2i1p4. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Danish Khalil (email available below). General contact details of provider: http://www.rassweb.org .

    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.