Implications of financial exclusions for microentreprises under development in Ilorin, Nigeria

This study was based on the overriding concern for appraising the appropriateness of access to finance and microenterprises development as the latest poverty alleviation strategy in Nigeria. It is quite likely that poverty in Nigeria may be linked to the financial exclusion of the poor. This frustra...

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Bibliographic Details
Main Authors:	Adewale, Abideen Adeyemi, Daud, Mustafa, Abdulkadir, Rihanat Idowu
Format:	Book Chapter
Language:	English
Published:	IIUM Press 2015
Subjects:	HA29 Theory and method of social science statistics HF5001 Business. Business Administration HG3691 Credit HG4001 Financial management. Business finance. Corporation finance.
Online Access:	http://irep.iium.edu.my/46481/ http://irep.iium.edu.my/46481/3/Microenterprises_Underdevelopment-completed.pdf

id	iium-46481
recordtype	eprints
spelling	iium-464812017-04-28T03:40:47Z http://irep.iium.edu.my/46481/ Implications of financial exclusions for microentreprises under development in Ilorin, Nigeria Adewale, Abideen Adeyemi Daud, Mustafa Abdulkadir, Rihanat Idowu HA29 Theory and method of social science statistics HF5001 Business. Business Administration HG3691 Credit HG4001 Financial management. Business finance. Corporation finance. This study was based on the overriding concern for appraising the appropriateness of access to finance and microenterprises development as the latest poverty alleviation strategy in Nigeria. It is quite likely that poverty in Nigeria may be linked to the financial exclusion of the poor. This frustrates their entrepreneurial activities in the sense of being able to exit from the poverty trap they are immersed in. Relevant information was collected from some poor micro-entrepreneurs in the Ilorin metropolis of Kwara State, Nigeria. This was done using the survey questionnaire. Data so obtained were subjected to data analysis using the Structural Equation Modeling (SEM). The results indicated that both involuntary and voluntary financial exclusion barriers exist. They significantly account for the financial exclusion of the micro-entrepreneurs under sample. Such financial exclusion was found to significantly explain the underdevelopment of microenterprises in Nigeria. Recommendations contingent on research findings and best global practices were offered. IIUM Press 2015 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/46481/3/Microenterprises_Underdevelopment-completed.pdf Adewale, Abideen Adeyemi and Daud, Mustafa and Abdulkadir, Rihanat Idowu (2015) Implications of financial exclusions for microentreprises under development in Ilorin, Nigeria. In: Small and Medium Enterprises in Selected Muslim Countries. IIUM Press, Kuala Lumpur, Malaysia, pp. 189-202. ISBN 978-967-418-303-5
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HA29 Theory and method of social science statistics HF5001 Business. Business Administration HG3691 Credit HG4001 Financial management. Business finance. Corporation finance.
spellingShingle	HA29 Theory and method of social science statistics HF5001 Business. Business Administration HG3691 Credit HG4001 Financial management. Business finance. Corporation finance. Adewale, Abideen Adeyemi Daud, Mustafa Abdulkadir, Rihanat Idowu Implications of financial exclusions for microentreprises under development in Ilorin, Nigeria
description	This study was based on the overriding concern for appraising the appropriateness of access to finance and microenterprises development as the latest poverty alleviation strategy in Nigeria. It is quite likely that poverty in Nigeria may be linked to the financial exclusion of the poor. This frustrates their entrepreneurial activities in the sense of being able to exit from the poverty trap they are immersed in. Relevant information was collected from some poor micro-entrepreneurs in the Ilorin metropolis of Kwara State, Nigeria. This was done using the survey questionnaire. Data so obtained were subjected to data analysis using the Structural Equation Modeling (SEM). The results indicated that both involuntary and voluntary financial exclusion barriers exist. They significantly account for the financial exclusion of the micro-entrepreneurs under sample. Such financial exclusion was found to significantly explain the underdevelopment of microenterprises in Nigeria. Recommendations contingent on research findings and best global practices were offered.
format	Book Chapter
author	Adewale, Abideen Adeyemi Daud, Mustafa Abdulkadir, Rihanat Idowu
author_facet	Adewale, Abideen Adeyemi Daud, Mustafa Abdulkadir, Rihanat Idowu
author_sort	Adewale, Abideen Adeyemi
title	Implications of financial exclusions for microentreprises under development in Ilorin, Nigeria
title_short	Implications of financial exclusions for microentreprises under development in Ilorin, Nigeria
title_full	Implications of financial exclusions for microentreprises under development in Ilorin, Nigeria
title_fullStr	Implications of financial exclusions for microentreprises under development in Ilorin, Nigeria
title_full_unstemmed	Implications of financial exclusions for microentreprises under development in Ilorin, Nigeria
title_sort	implications of financial exclusions for microentreprises under development in ilorin, nigeria
publisher	IIUM Press
publishDate	2015
url	http://irep.iium.edu.my/46481/ http://irep.iium.edu.my/46481/3/Microenterprises_Underdevelopment-completed.pdf
first_indexed	2023-09-18T21:06:11Z
last_indexed	2023-09-18T21:06:11Z
_version_	1777410949007802368

Implications of financial exclusions for microentreprises under development in Ilorin, Nigeria

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