Nexus Between Access to Credit and Performance of Smes in Zamfara State, Nigeria

Volume 9, Number 4

Nexus Between Access to Credit and Performance of Smes in Zamfara State, Nigeria

Authors

Lukman Lawali¹, Mustapha Maccido¹, Mansur Abdullahi², ¹Zamafara State University Talata Mafara, Nigeria, ²Federal University Gusau Zamfara State. Nigeria

Abstract

This research examines the nexus between access to credit and performance of SMEs in Zamfara state, Nigeria. Survey method was employed for the study hence; structure questionnaire was used to collect the data from 250 respondents. Descriptive and Inferential Statistics was employed for the data analysis. The result revealed that there is significant relationship between SMEs performance and level of education of the entrepreneurs, size of collateral, However the result shows that only interest rate have negative relationship on SMEs access to credit. The study therefore, recommends lower interest rate in the future government intervention programs for SMEs in Nigeria.

Keywords

Nexus, SMEs performance, Access to credit, Entrepreneurs.