TABLE OF CONTENTS
TO THE STUDY
OF THE RESEARCH PROBLEM
OF THE STUDY
OF THE STUDY
AND LIMITATION OF THE STUDY
OF KEY TERMS
PLAN OF THE STUDY
OF FINANCE FOR SMALL ENTERPRISES
2.2 SOURCES OF LOANABLE FUNDS FOR FIRST BANK OF
2.3 PROBLEMS ENCOUNTERED IN GRANTING LOAN BY
FIRST BANK OF NIGERIA PLC.
2.4 IMPACT OF SMALL SCALE INDUSTRIES IN THE
2.5 PROBLEMS OF COMMERCIAL BANK IN FINANCING SMALL AND MEDIUM ENTERPRISES IN NIGERIA
2.6 APPRAISAL OF SMALL AND MEDIUM ENTERPRISES FINANCING BY BANK IN NIGERIA
2.7 CONCEPTUAL ISSUES OF SMALL BUSINESS IN
OF RESEARCH QUESTION AND HYPOTHESIS
DESIGN DATA COLLECTION INSTRUMENT
OF THE STUDY POPULATION AND SAMPLING
OF THE DATA COLLECTION INSTRUMENT
3.5 PROCEDURE FOR PROCESSING COLLECTED DATA
PRESENTATION AND ANALYSIS
CONCLUSION AND RECOMMENDATION
1.0 BACKGROUND TO THE STUDY
developing countries like Nigeria, majority of the population is rural based,
so there is the need to give emphasis to the development of small scale and
medium scale enterprises to enable the participation of greater segment of
indigenous entrepreneurs in the development process. There is evidence to
substantiate the argument that the small industrial sector holds a greater
capacity to abort large number of workers who have been unable to secure a wage
job in the large and capital intensive industrial sector.
is no doubt that small-scale is the backbone of business activities in Nigeria.
More than 50% of business in Nigeria meets the standard of smallness if such
high proportions of enterprise group, it cannot provide the desire effects.
the establishment of any enterprises whether large medium or small require
finance, it is therefore imperative to examine the importance of small require
finance, it is therefore imperative to examine the importance of financial
institution especially commercial banks in financing of small scale industries
in Nigeria financial institution and banks of any forms, pursue identical
contribute in no small measure to the country macro-economic objectives for the
rapid transformation of the economy. Banks particularly contribute significantly
to real development through savings and tending process by stimulating savings,
mobilization fo funds and by the ability to ensure the most efficient
transformation of the savings into real output.
important of banks is primarily to transform the economy depends largely on the
development of small scale industries in the country and realizing this, they
rose up additional sources of capital ventures especially to small-scale
industries to encourage and contribute to the development of small scale
1.2 STATEMENT OF THE RESEARCH PROBLEM
focus of this study by the researcher is to identify the important of
commercial bank to the growth of small scale business in Nigeria, in the course
of the study; effort has been made to find solution to the following research
What is the historical background of the
development of small-scale business in Nigeria?
What are the importance of small-scale
business in Nigeria?
What is the effect of small-scale on the
What is the impact on development of
small scale industries?
What are the problems facing the
development directives to small-scale industries?
study approach to be adopted in this work would be based primary on secondary
method of data collection, most of the work in this research would be based on
the primary data collected like Journals, Annual Report, Magazines, Textbooks,
Financial papers, interest and other material collected in the library while
the secondary data were collected through the interview.
What is small scale entrepreneur?
What is small scale business?
How can we invest in the small scale
How can we be developed in the small
How can we developed in the small scale
What can be the consequence of the small
How can we risk positive in the scale
What are the business in the small scale
OF THE STUDY
research mainly focuses on the importance of financial institution to the development
of small-scale industries in Nigeria.
To the researcher:
It helps in proving an existing fact
It helps them to find out fact
It helps to interpret the findings of
other by ways of synthesis of material to support conclusion.
It improves their contribution of
It expatiates the meaning of small-scale
the business men and women
It gives them an insight into their
problem and how to solve them in order to achieve their aim objectives.
1.5 SIGNIFICANCE OF THE STUDY
is believed that the information gathered from this study is of immense values
to the academic community management of the banks the researcher, government
and also to businessmen and women.
the bank, it helps them to improve on their performance especially in the area
of loan and advances to small-scale industries.
1.6 SCOPE AND LIMITATION OF THE STUDY
researcher intends to carryout research on importance of commercial bank on the
development of small-scale industries in Nigeria with emphasis of FIRST BANK OF
research is in historical and case study research which has been contrail to
insufficient finance, lack of enough time, lack of co-operative from the
respondent and the case study.
effort has been made to ensure that the above limitation do not hinder
effective completion and quality of research work.
To highlight reason for establishing
small-scale industry in Nigeria.
To expatiate the impact and import of
To enumerate the effect of small-scale
industries on the Nigeria economy
To mention the impact of development on
the small-scale industries
To discuss the steps involved in the
successful of small-scale industries
To critically examine the likely problem
of small-scale industries.
1.7 DEFINITION OF KEY TERMS
DEFINITION OF SMALL SCALE BUSINESS
scale business can be defined in terms of numbers employees, the rate of return
the amount of capital, if employs or the amount of Net Profit before tax and
its market share.
DEFINITION OF BANK
bank can be defined as and “Institution for the keeping, lending and exchanging
DEFINITION OF COMMERCIAL BANK
bank may be defined as a financial institution set up for keeping and lending
money to people owned by individuals” organization or government for the main
purpose of making profit.
refers to all business organization which hold money for individuals and
institutions and may borrow from them in order to give loan or make other
organization van be defines as an enterprise set up by an individual or group
of individuals, government or its agencies for the main purpose of making
profit and providing goods and services for the satisfaction of human want.
power to buy goods to be used in the production of other goods or the offering
of a services.
system can be defined as a family of rules and regulation and the trap of
financial aggregate in institution, agents and the mechanism where they relates
together or to each other within the financial sector.
idea can be defined as the response of a person (s) or organization to solving
an identified problem or meeting perceived needs in the environment (market,
may be defined as an independently administered business unit which is capable
of carryout production construction or distribution activities.
RELATIONSHIP BETWEEN BANKER AND CUSTOMER
the relationship between the banker and customer is founded on contract when
the customer deposit money into is account, such transaction meets with offer
and acceptance condition of a contract.
is a body of persons whether incorporated or not who carry on the business of
CUSTOMER OF A BANK
is a person who has entered into a contract with a banker for the opening an
account in his name.
PUBLIC LIMITED COMPANIES PLC
limited companies plc is the largest forms of business organization.
1.8 ORGANIZATION PLAN OF THE STUDY
research work has been divided into chapters for ease of presentation of the
fact and figures gathered.
one contains the introduction, statement of research problem, research
question, objectives of the study, research hypothesis, significant and
justification of the study, scope and limitation of the study, definition of
key terms organization and plan of the study.
two treats past and current literature review which include; Historical
Background of the case study, sources of finance for small-scale enterprises,
sources of an able funs for first bank, problems encountered in granting loan
by First Bank Nigeria Plc, impact of small-scale industries in the economy
financing, problem of commercial bank in
financing small and medium enterprise in Nigeria Appraisal SME Financing by
banks in Nigeria, conceptual issues of small-scale business in Nigeria.
three highlights research methodology and case effort of an the which include:
restatement of research question and hypothesis, research design and data
collection instrument, characteristics of the study population and sampling,
administration of the data collected instrument procedures for processing,
collecting data, limitation of the methodology.
four, focuses on the data presentation and analysis, presentation and analysis
of data to test hypothesis, presentation and analysis according to research
five, throws light on the findings, summary, conclusion and recommendation,