ABSTRACT
The work investigated the impact of project finance on the growth of SMEs in Nigeria. Primary data was collected using questionnaires. Employing simple percentages, the data set was analyzed while hypotheses were tested with the aid of chi-square distribution (x2) , to reveal among others , that access to credit and level of interest rate significantly impact on SMEs while the ability to provide security for loan and duration of term-loans do not have any significant impact. Thus, the conclusion was that the informal credit sectors dominate in the financing of SMEs in Nigeria. The study on the basis of these findings therefore, recommends that the government should come up with credit guarantee scheme; which should indemnify banks and other financial institutions against project failures. Again, a reduction in interest rate as well as an enlightenment campaign for the operators of SMEs was recommended while encouraging the government to also provides efficient infrastructural facilities and policies.
Keywords: Project Finance, SMES Development
CHAPTER ONE
Introduction
1.0 Background of the study
1.2 Statement of Problem
1.3 Objective of the study
1.4 Research Question
1.5 Statement of Hypothesis
1.6 Significance of the study
1.7 Scope of the study
CHAPTER TWO
2.0 Literature Review
2.1 The Concept of SMEs
2.2 Characteristic of SMEs
2.3 Roles and Benefits of SMEs
2.4 Technology and the Small and Medium Scale Enterprises Development
2.5 Financing of SMEs in Nigeria
2.5.2 Other sources of finance for SMEs in Nigeria
2.5.3 Hindrances to non-utilization of financing opportunities by SMEs
2.6 Problems of SMEs
CHAPTER THREE
Research Methodology 38
3.0 Introduction 38
3.1 Research Area 39
3.2 Sampling Technique 39
3.3 Research Instrument 39
3.4 Sample size
3.5 Protesting of Questionnaires 40
3.6 Method of Data 40
3.7 Data Analysis Method
CHAPTER FOUR
4.1 Presentation and Analysis of Data
4.2 Data Analysis
4.3 Discussion of the Result
CHAPTER FIVE
5.1 Summary
5.2 Conclusion
5.3 Recommendation
References Questionnaires
Lawretta, C (2021). Project Finance and the Growth of Small and Medium Scale Industries in Nigeria. Afribary. Retrieved from https://afribary.com/works/project-finance-and-the-growth-of-small-and-medium-scale-industries-in-nigeria
Lawretta, Chinagoro "Project Finance and the Growth of Small and Medium Scale Industries in Nigeria" Afribary. Afribary, 23 Feb. 2021, https://afribary.com/works/project-finance-and-the-growth-of-small-and-medium-scale-industries-in-nigeria. Accessed 22 Nov. 2024.
Lawretta, Chinagoro . "Project Finance and the Growth of Small and Medium Scale Industries in Nigeria". Afribary, Afribary, 23 Feb. 2021. Web. 22 Nov. 2024. < https://afribary.com/works/project-finance-and-the-growth-of-small-and-medium-scale-industries-in-nigeria >.
Lawretta, Chinagoro . "Project Finance and the Growth of Small and Medium Scale Industries in Nigeria" Afribary (2021). Accessed November 22, 2024. https://afribary.com/works/project-finance-and-the-growth-of-small-and-medium-scale-industries-in-nigeria