Yıl 2018, Cilt 4, Sayı 10, Sayfalar 130 - 138 2018-04-28

THE EVALUATION OF CREDIT MANAGEMENT ON THE PERFORMANCE OF SMALL-SCALE ENTERPRISES IN NIGERIA

Abayomi Adewale Adedeji [1] , Joseph N. Taiwo [2] , Tolulope Ikumapayi [3] , Gbenedio Akpevwe [4]

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This paper presents a framework for understanding the importance of credit management as it affects the performance of small-scale enterprises. Invariably credit management involves the matter of bad debts and its management. No matter how efficient managers of credit are, there is always the incidence of bad debts; evaluation of credit management therefore must involve methods of debt recovery. Credit management examines how financial institutions respond to credit facilities given to their customers and how the small- scale enterprises react to methods of credit management. Small-scale enterprises are basically grass-root businesses that support the livelihood of entrepreneurs and in turn create jobs and reduce poverty to a large extent. It is essential that credit facilities extended by the financial institution to the small-scale enterprises are properly managed in order to ensure repayment of facilities and growth of the small-scale business. This brings us to how the management of credit influences the performance of such businesses. Primary Data were utilized through the Questionnaires administered on deposit money banks, micro finance banks as well as selected small-scale business owners. Descriptive statistics were employed to analyze the data using SPSS so as to test the hypotheses. It was observed that most small-scale owners do not have the expertise to maintain proper records of their activities.  Banks should enlighten their customers on importance of proper record keeping, utilization of the credit facilities given to them, and the necessity for prompt repayment of facilities. The study is expected to be useful to entrepreneurs, players in financial institutions and policy makers of the economy.

Credit management, Small-scale enterprises, Entrepreneurs
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Birincil Dil en
Konular Sosyal
Dergi Bölümü Makaleler
Yazarlar

Yazar: Abayomi Adewale Adedeji (Sorumlu Yazar)
Ülke: Nigeria


Yazar: Joseph N. Taiwo
Ülke: Nigeria


Yazar: Tolulope Ikumapayi
Ülke: Nigeria


Yazar: Gbenedio Akpevwe
Ülke: Nigeria


Bibtex @araştırma makalesi { ijasos417706, journal = {International E-Journal of Advances in Social Sciences}, issn = {}, eissn = {2411-183X}, address = {OCERINT International Organization Center of Academic Research}, year = {2018}, volume = {4}, pages = {130 - 138}, doi = {10.18769/ijasos.417706}, title = {THE EVALUATION OF CREDIT MANAGEMENT ON THE PERFORMANCE OF SMALL-SCALE ENTERPRISES IN NIGERIA}, key = {cite}, author = {Ikumapayi, Tolulope and Taiwo, Joseph N. and Akpevwe, Gbenedio and Adedeji, Abayomi Adewale} }
APA Adedeji, A , Taiwo, J , Ikumapayi, T , Akpevwe, G . (2018). THE EVALUATION OF CREDIT MANAGEMENT ON THE PERFORMANCE OF SMALL-SCALE ENTERPRISES IN NIGERIA. International E-Journal of Advances in Social Sciences, 4 (10), 130-138. DOI: 10.18769/ijasos.417706
MLA Adedeji, A , Taiwo, J , Ikumapayi, T , Akpevwe, G . "THE EVALUATION OF CREDIT MANAGEMENT ON THE PERFORMANCE OF SMALL-SCALE ENTERPRISES IN NIGERIA". International E-Journal of Advances in Social Sciences 4 (2018): 130-138 <http://ijasos.ocerintjournals.org/issue/36555/417706>
Chicago Adedeji, A , Taiwo, J , Ikumapayi, T , Akpevwe, G . "THE EVALUATION OF CREDIT MANAGEMENT ON THE PERFORMANCE OF SMALL-SCALE ENTERPRISES IN NIGERIA". International E-Journal of Advances in Social Sciences 4 (2018): 130-138
RIS TY - JOUR T1 - THE EVALUATION OF CREDIT MANAGEMENT ON THE PERFORMANCE OF SMALL-SCALE ENTERPRISES IN NIGERIA AU - Abayomi Adewale Adedeji , Joseph N. Taiwo , Tolulope Ikumapayi , Gbenedio Akpevwe Y1 - 2018 PY - 2018 N1 - doi: 10.18769/ijasos.417706 DO - 10.18769/ijasos.417706 T2 - International E-Journal of Advances in Social Sciences JF - Journal JO - JOR SP - 130 EP - 138 VL - 4 IS - 10 SN - -2411-183X M3 - doi: 10.18769/ijasos.417706 UR - http://dx.doi.org/10.18769/ijasos.417706 Y2 - 2018 ER -
EndNote %0 International E-Journal of Advances in Social Sciences THE EVALUATION OF CREDIT MANAGEMENT ON THE PERFORMANCE OF SMALL-SCALE ENTERPRISES IN NIGERIA %A Abayomi Adewale Adedeji , Joseph N. Taiwo , Tolulope Ikumapayi , Gbenedio Akpevwe %T THE EVALUATION OF CREDIT MANAGEMENT ON THE PERFORMANCE OF SMALL-SCALE ENTERPRISES IN NIGERIA %D 2018 %J International E-Journal of Advances in Social Sciences %P -2411-183X %V 4 %N 10 %R doi: 10.18769/ijasos.417706 %U 10.18769/ijasos.417706
ISNAD Adedeji, Abayomi Adewale , Taiwo, Joseph N. , Ikumapayi, Tolulope , Akpevwe, Gbenedio . "THE EVALUATION OF CREDIT MANAGEMENT ON THE PERFORMANCE OF SMALL-SCALE ENTERPRISES IN NIGERIA". International E-Journal of Advances in Social Sciences 4 / 10 (Nisan 2018): 130-138. http://dx.doi.org/10.18769/ijasos.417706