Description
ABSTRACT
This project work deals with the financial institutions as a catalyst for small business development. The main objective of the commercial bank (first bank) in particular in terms of its role in the financing of small scale business. On the basis of findings and other major facts unvoided by this research work, it can be concluded that the financial institutions such as commercial banks have been performing significantly well in its role regarding the financial of businesses. The study succeeded in making some major findings that hampers the banks performance of this role possibly proffer solutions. Notable among the findings are: the discovering of
remarkable fluctuation in loan approvals and disbursement, the existence of persistent wide gap between loan approval and disbursement, restrictive and stringent lending policy. It was equally gathered that the bankers sponsors a programme called young entrepreneurship scheme and extents loan for future entrepreneurs through National Economic Reconstruction Fund (NERFUND). Also certain major problems that militate against the efficient operations of this bank was also uncovered such as unreliable information from its customers concerning their business, bad debts, liquidity squeeze and stringent CBN monetary policy guidelines. In this project work, the method of descriptive statistics was adopted in the analysis of data. It is worthy of note that this project work encountered some major limitations and constraints in the area of finance time, and researcher. They tended to limit the validity of our conclusion.
TABLE OF CONTENTS
Title Page
Approval Page
Dedication
Acknowledgment
Abstract
Table of Contents
CHAPTER ONE
1.0 Introduction
1.1 Background of the study
1.2 Statement of the problem
1.3 Objectives of the study
1.4 Research questions
1.5 Research hypothesis
1.6 Scope of the study
1.7 Limitations of the study
1.8 Definition of terms
CHAPTER TWO
2.0 Literature Review
2.1 Definition of small business and financial institution
2.2 Place of small business
2.3 General principles as applied to bank lending
2.4 Government restriction on lending
2.5 The services financial institutions provided
2.6 The problems of small business in Nigeria
2.7 Methods of lending
2.8 Factors to be considered in lending
2.9 The role of small business enterprises in economic Development
2.10 What is business failure?
2.11 Factors militating against the operation of the bank Towards the financing of small business
2.12 How banks can assist small scale business
2.13 Different forms of small business in Nigeria
2.14 The financial statement of a small business
CHAPTER THREE
3.0 Research methodology
3.1 Introduction
3.2 Research design and method use
3.3 Sources / Method of data collection
3.4 Population and sample size
3.5 Sampling techniques
3.6 Validity and reliability of measuring instrument
3.7 Method of data analysis
CHAPTER FOUR
4.0 Presentation and analysis of data
4.1 Introduction
4.2 Presentation of data
4.3 Analysis of data
4.4 Interpretation of data
CHAPTER FIVE
5.0 Summary of findings, Conclusion and Recommendations
5.1 Summary of findings
5.2 Conclusion
5.3 Recommendations
Bibliography
Appendices