Volume-12 , Issue-1 , Mar 2024, ISSN 2321-905X

• Open Access   Article

  Impact of Credit Procedure and Credit Requirement on Non-Financial Performance of Small and Medium Enterprises in Bauchi Metropolis, Nigeria

  Lawan Garba, Muktar Haruna, Hafiz Usman Ahmed, Sirajo Ladan

  Research Paper | Journal-Paper (WAJM)

  Vol.12 , Issue.1 , pp.1-8, Mar-2024

  Abstract

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  Citation

  Abstract
  This study seeks to explore the influence of credit procedures and credit requirements on the non-financial performance of small and medium enterprises (SMEs) in Bauchi metropolis. The aim is to evaluate the correlation between credit procedures, credit requirements, and the non-financial performance of SMEs in Bauchi metropolis. Two null hypotheses were formulated to guide the research objectives. The study is theoretically grounded in Growth theory. A survey design method was employed for the research design, utilizing a structured questionnaire to gather data from a sample of Three Hundred and Thirty-Five (335) SMEs. Regression analysis, conducted using the Statistical Package for Social Sciences (IBM SPSS) software version 21, was applied to analyze the collected data. The findings indicated that the independent variables (i.e., credit procedures and credit requirements) were significant joint predictors of non-financial performance. Recommendations include SMEs gaining clarity on a substantial proportion of changes in SME financing, and the study suggests that Banks Credit has the potential to empower SMEs.

  Key-Words / Index Term
  Small and Medium; Enterprises; Credit Procedure; Credit Requirement; Non Financial Performance; Nigeria

  References
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  Citation
  Lawan Garba, Muktar Haruna, Hafiz Usman Ahmed, Sirajo Ladan, "Impact of Credit Procedure and Credit Requirement on Non-Financial Performance of Small and Medium Enterprises in Bauchi Metropolis, Nigeria," World Academics Journal of Management, Vol.12, Issue.1, pp.1-8, 2024

• Open Access   Article

  Role and Performance of Small and Medium Scale Businesses on Socio Economic Development in Damaturu Yobe State

  Lawan Garba, Lawan Garba Mohammed, Sirajo Ladan, Danladi Ibrahim Musa, Ibrahim Usman Saleh, Adamu Shuaibu Hassan

  Research Paper | Journal-Paper (WAJM)

  Vol.12 , Issue.1 , pp.9-17, Mar-2024

  Abstract

  Full-Text HTML

  References

  Citation

  Abstract
  The research aims to evaluate the impact and effectiveness of small and medium-sized enterprises (SMEs) on the socio-economic development of Damaturu, Yobe State. It investigates the performance of SMEs in this context and their contribution to socio-economic development. The study draws on both classical and modern theories as frameworks. Using a descriptive research design, it targets SMEs in Damaturu, employing a questionnaire for data collection. Through simple random sampling, 80 SMEs are selected from the population. Data analysis utilizes tables, percentages, and the chi-square statistical tool to test hypotheses. Results indicate a significant relationship between SME performance and socio-economic development. Additionally, the study identifies specific ways in which SMEs contribute to Yobe State`s socio-economic development. Recommendations include government agencies gathering comprehensive SME data, ensuring the effectiveness of support mechanisms like NIRSAL, and emphasizing business registration, record-keeping, and robust business planning among SMEs to attract governmental aid and grants.

  Key-Words / Index Term
  Role, Performance, Small and Medium Scale, Businesses, Socio Economic Development

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  Citation
  Lawan Garba, Lawan Garba Mohammed, Sirajo Ladan, Danladi Ibrahim Musa, Ibrahim Usman Saleh, Adamu Shuaibu Hassan, "Role and Performance of Small and Medium Scale Businesses on Socio Economic Development in Damaturu Yobe State," World Academics Journal of Management, Vol.12, Issue.1, pp.9-17, 2024