文章基本信息

标题：Challenges of Microfinance Access in Nigeria: Implications for Entrepreneurship Development
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作者：Ogujiuba Kanayo ; Fadila Jumare ; Stiegler Nancy 等
期刊名称：Mediterranean Journal of Social Sciences
电子版ISSN：2039-2117
出版年度：2013
卷号：4
期号：6
页码：611-618
DOI：10.5901/mjss.2013.v4n6p611
出版社：Mediterranean Center of Social and Educational Research (MCSER)
摘要：Small and Medium Enterprises (SMEs) are increasingly being accepted as valuable platforms to create jobs and improve livelihoods. The Nigerian government has enacted favorable laws and regulations on contracts, leasing, and corporate tax to encourage the development of SMEs. Nonetheless, many entrepreneurs in Nigeria cannot access loans given the high levels of poverty. The paper argues that microenterprise finance cannot be financially viable because small loans are too costly to administer and the profits from such lending too meager to permit profitability. Based on content analysis of available literature, it is found that microfinance institutions have collapsed in Nigeria due to poor loan quality, default in loan repayment, high transaction costs, widespread delinquency, and management deficiencies. Given these challenges, the paper recommends savings by microfinance institutions and measures from successful initiatives from countries such as Indonesia and Bangladesh. These will enable microfinance institutions to be self-sustaining and to increase outreach.
关键词：Microfinance;Poverty;Small and Medium Enterprises;profitability