Examining the effect of microfinance on the performance of small and medium size enterprises in tamale
| dc.contributor.author | Alhassan Mohammed Gazali | |
| dc.date.accessioned | 2024-02-29T09:53:43Z | |
| dc.date.available | 2024-02-29T09:53:43Z | |
| dc.date.issued | 2021 | |
| dc.description | A thesis submitted to the department of accounting and finance, Institute of Distance Learning – Kwame Nkrumah University of Science and Technology In partial fulfilment of the requirements for the degree of master of science in accounting and finance | |
| dc.description.abstract | The researcher sought to examine the effects of microfinance on the performance of small and medium enterprises in Tamale. The study adopted survey and explanatory research design. Out of the entire small and medium scale enterprise in Tamale, only sixty-seven (67) of these enterprises were studied. Questionnaires were administered coded and processed with the help of Ms Excel and SPSS for statistical test and accuracy. Statistical tools such as frequency tables, percentages graphs, correlation, regression and ANOVA were applied to illustrate the results. It was revealed that the credit from microfinance institutions has helped to: increase productivity; increase income from business; increase savings and reinvestment; and helped in employing more hands and has given the SMEs in Tamale new skills to manage their business. The results further indicate that a good loan recovery procedure will enable both microfinance institutions and SMEs better manage their debt portfolio. Based on these findings, Microfinance institutions should repackage their products to make them conform to their main purposes, that is, services to the poor and their small enterprises. The study therefore concludes that micro financing of small businesses by microfinance institutions has a great effect on the performance of SMEs in Tamale. | |
| dc.identifier.uri | https://ir.knust.edu.gh/handle/123456789/15572 | |
| dc.language.iso | en | |
| dc.publisher | KNUST | |
| dc.title | Examining the effect of microfinance on the performance of small and medium size enterprises in tamale | |
| dc.type | Thesis |