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A Review Of Small-Scale Enterprises Credit Delivery Strategies In Nigeria, E E. Inang, G E. Ukpong Mar 1993

A Review Of Small-Scale Enterprises Credit Delivery Strategies In Nigeria, E E. Inang, G E. Ukpong

CBN Occasional Papers


The paper reviews the crucial role of Small-Scale Enterprises (SSEs) in facilitating industrial development; some special advantages of existing credit schemes to small-scale enterprises: the peculiar handicaps which SSEs face, the most crucial being poor access to development finance, and highlights areas and ways in which credit guarantee and insurance schemes for SSEs could increasingly contribute to their development and growth in Nigeria. Notable among the credit schemes and institutions reviewed are the Small-Scale Industries Credit Scheme (SSICS) introduced in 1971; the Nigerian Bank for Commerce and Industry (NBCI) established in 1978: the Nigerian Industrial Development Bank (NIDB); the Central …


Alliances And Networks: Cooperative Strategies For Small Businesses, L. S. Baird, M. A. Lyles, J. Burdeane Orris Jan 1993

Alliances And Networks: Cooperative Strategies For Small Businesses, L. S. Baird, M. A. Lyles, J. Burdeane Orris

Scholarship and Professional Work - Business

Research on large firms shows that cooperative strategies have the potential to improve performance by helping firms gain access to necessary resources, enter new markets, and spread the risk over several partners. Interviews with thirty-four small business managers show small firms also can profit from using a cooperative network. Highly-allied small businesses entered alliances to gain resources and based their alliances on a distinctive competence. The highly allied businesses grew more rapidly than the less allied firms. Mutual goals and joint decision making were viewed as critical to the high level of satisfaction achieved.