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MICRO, SMALL AND MEDIUM ENTERPRISE FINANCIAL SERVICES DEMAND SURVEY NIGERIA

by Rose Hessmiller last modified Jan 10, 2013 10:51 AM
Contributors: rhessmiller
USAID In accordance with Title 17 U.S.C. section 107, any copyrighted material herein is distributed without profit or payment for non-profit research and educational purposes only.

USAID/Nigeria PRISMS Project July 2005. A popular perception among MSME operators is that commercial banks have limited experience with the MSME sector and lack the know-how to assess the associated credit risks, and are therefore reluctant to meet the sector’s growing demand for financial services. Banking institutions are concerned many MSMEs do not understand how to work with financial institutions and need to upgrade their business and credit practices before banks can look at the sector as a viable and profitable business. As a result of these historical perspectives, both the supply of and demand for MSME financial services are not being adequately addressed in Nigeria. This report examines these perceptions in order to determine the demand for and supply of financial services to the MSME sector, and the potential for broadening and deepening existing linkages between the banking community and MSMEs.

Author(s): rhessmiller

Download File from Portal: Econ_MSME_FinancServicesDemandSurv-Nigeria_PNADH592.pdf — PDF document, 279 kB (286,312 bytes)

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Date Created: Friday, April 3, 2015 7:18 PM

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