@article{MAKHILLIBM2020141127537,
    title = {Microfinance Banks and Performance of Small and Medium Scale Enterpises in Nigeria},
    journal = {International Business Management},
    volume = {14},
    number = {11},
    pages = {363-375},
    year = {2020},
    issn = {1993-5250},
    doi = {ibm.2020.363.375},
    url = {https://makhillpublications.co/view-article.php?issn=1993-5250&doi=ibm.2020.363.375},
    author = {Okafor},
    keywords = {Microfinance,microfinance banks,small and medium-scale enterprise},
    abstract = {The relevance of small and medium enterprises
to growth and development of any nation’s economy
cannot be over-emphasized. Small and medium
enterprises development through effective means of bank
financing have brought about debate and increase in
interest among researches, policy makers and
entrepreneurs which have led to issues being raised in
identifying the large impact of the sub-sectors to
economic growth. Small and medium scale enterprises
make up the basis of industrial growth and development.
The issues of microfinance bank financing is an issues
that has to be treated with much importance as previous
evidence shows that finance contributes to about to 25%
of the success of small and medium enterprises. In order
to evaluate the impact of microfinance banks on the
performance banks on the performance of small and
medium scale enterprises in Nigeria, questionnaires were
administered to SMEs operators and microfinance bank
officials. This research project had certain objectives
which was achieved through the two hypothesis that were
tested and questions that will be asked after which
conclusion were be drawn and recommendation given.
This research project made use of primary data. The
conclusion has drawn at the end of this research shows
that there is a significant relationship between
microfinance bank and SMEs. To foster economic
development, microfinance should effectively and
efficiently fund small and medium scale enterprises in
Nigeria an economy.}
    }