An Empirical Study Of The Role Of Commercial Banks In Small Scale Entrepreneurial Development

An Empirical Study Of The Role Of Commercial Banks In Small Scale Entrepreneurial Development

Abstract

The subject matter of this exploration work is to estimate the extent to which Small Scale entrepreneurs in Enugu have been suitable to gain loans and raise finance from Nigerian marketable Banks as a major source of finance to the frugality. The main ideal of the study is to establish the part of marketable Banks in backing Small Scale Enterprises( SSEs) inEnugu.A review of literature was done to insure the conclusion of the study. Grounded on the analysis, marketable Banks misbehave with the Central Bank of Nigeria( CBN) credit guidelines which quested that they should set away 10 of their profit before duty for loan to Small Scale Enterprises( SSEs). marketable Banks bear feasibility report from SSEs before granting loan to them. Small Scale Enterprises don’t give proper feasibility studies due to poor position of education. The exploration concluded that for small scale enterprises to survive, there have to be a collaborative trouble between them and banks. Also the government should engage more in the development of Small Scale Enterprises by creating and embarking on colorful impulses to encourage both Small Scale Enterprises and marketable banks.