Thesis on The Effects of Microfinancing on the survival and growth of Small and Medium scale enterprises in Southwestern Nigeria.

FACULTY OF SOCIAL AND MANAGEMENT STUDIES

DEPARTMENT OF BUSINESS ADMINISTRATION

QUESTIONNAIRE

Dear Respondent,

I am a postgraduate student at the Department of Business Administration, Bowen University, Iwo Osun State under the supervision of Prof. J. O. Adetayo.

I am conducting a study on the above project as part of my master research. The primary purpose of this research is to examine the impacts of micro-financing on business performance of SMEs in South-West, Nigeria. The findings of this study may contribute to the body of knowledge with respect to the mitigation of conflicts between the shareholders and management.

Your input is very imperative for the accomplishment of this academic exercise. I thank you in advance for your kind cooperation. Be rest assured that the information you provide will be treated with utmost confidence. Results will be in aggregate form. Neither you nor your organization will be identified.

Yours sincerely,

Alabi Femi

Email: [email protected]

Telephone: 08035085305

SECTION A: DEMOGRAPHIC INFORMATION please tick (√) as appropriate

1. Gender: ( ) Male ( ) Female

2. Age of Respondents: ( ) 18-22 ( ) 23-30 () 31-40 ( ) 41-50 ( ) 51-60 ( ) 61+

3. Age of Business: ( ) 1-5 ( ) 6-10 () 11-20 ( ) 21-30 ( ) 31-50 ( ) 50+

4. Scope/Type of Business: () Artisan () Small () Medium

5. Which sector is your business operation? ( ) Manufacturing ( ) wholesale and retail trade ( ) households goods ( ) Agriculture ( ) Hotel and restaurants ( ) Education ( ) Transports ( ) Information Technology ( ) Health.

6. Does your business belong to any association? ( )None( ) trade association ( ) professional association ( ) cooperative society ( ) others ( )

7. Is your business insured? ( ) Yes ( ) No

8. Number of Employees ( ) 1-5 ( ) 6-10 () 11-20 ( ) 21-30 ( ) 31-50 ( ) 50+

9. Net Annual Revenue from Business:

( ) 10,000 – 50,000 ( ) 51,000 – 100,000 ( ) 101,000 -250,000 ( ) 250,001 – 1000,000 ( ) 1000, 001 – 2,000,000 ( ) Above 2,000,001

10. Does your business have relationship with banking? ( ) Yes ( ) No

11. Have you ever obtained a loan from micro credit institutions? ( ) Yes ( ) No

12. How frequent do you take loan from Micro Credit Banks?() Never () Once In

Six Months ( ) Once In A Year ( ) Once In Two Years ( ) Once In Five Years

13. Sources of Fund: ( ) Savings ( ) Borrowing from friends/ family members ( )

Borrow from Micro Credit Bank Institution

14. What is your business monthly cost of operation? ( ) 1,000 – 10,000 ( ) 10,001 – 50,000 ( 50,001 – 100,000 ( ) 100,001 -250,000 ( ) 250,001 – 1000,000 ( ) 1000,001 – 2,000,000 ( Above 2,000,000

15. What are the major government policy that affects your business most favourably?

( ) Infrastructure ( ) Subsidies ( ) Exchange rate& interest rate ( ) Political stability ( ) Access to fund/Credit

16. What are the major government policy that affects your business most

unfavourably?( ) Environmental sanitation ( ) Imposition of Taxes ( ) Banning of importation of raw materials ( ) exchange rate& interest rate ( ) Political instability ( ) demolition ( ) infrastructure ( )

17. What are the top priority areas of assistance that your business need

( ) Financing/financial assistance ( ) Provision of infrastructure ( ) market/work space ( ) subsidized cost of production ( ) reduced interest rate

SECTION B

In each of the question below, kindly indicate your agreement of disagreement using the scale: Strongly Agree (SA); Agree (A); Undecided (UD); Disagree (D) and Strongly Disagree (SD)

B1: MICRO CREDIT INSTITUTIONS AND NEW BUSINESS START UP

B2: MICRO CREDIT AND BUSINESS SURVIVAL

B3: MICRO CREDIT INSTITUTION AND BUSINES GROWTH

Thank you for your time and participation.

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