Análisis organizacional.

Base on the findings of this research, the following recommendations are hereby put forward.

1. Government and financial institution should develop a holistic approach to schemes initiated by them.

2. The Central Bank of Nigeria (CBN) and other financial institutions should embark on extensive sensitization of entrepreneurs on the operations of the banks.

3. Interest which deters people with genuine business ideas should be reduced to a bearable level so as to make borrowing cheaper.

4. All administrative bottle necks which make funds inaccessible to small and medium scale Enterprises operators should be mitigated.

5. The Central Bank of Nigeria should as a matter of urgency compel all other commercial banks to adhere strictly to banking policies and regulations.

42

6. Government should engage professionally in the formulation of policies that will stand the test of time.

7. Government should develop a lasting solution to the state of infrastructural deterioration especially electricity.

8. The security situation of the country needs to be improved so as to make business doable in the country.

9. Policies initiated by the government should be funded efficiently.

10. Policies which are aimed at rural development should top the lists of policies aimed at developing the already or semi-developed urban centres so as to reduce rural-urban migration.

11. Prospective business operators should conduct extensive feasibility studies to evaluate the viability of any proposed business to avoid investment in unprofitable ventures.

12. Finally, for entrepreneurs that may find it difficult to choose a line of business, the following have been recommended. Meat Retailing, Restaurant (“Buka”) Service, Growing vegetable during dry season, Backyard Poultry Raising, Operating a Nursery for Children, Home Laundry Service, Arranging Foods for Parties, Raising of Pets, Charcoal Making, Sing Writing, Writing of Book for Publication, Portrait of Flowers, Landscaping, Making Baskets and Cages from Palm Fronds, Making Brooms, Sand Blocks/Cocktail Sticks, Selling Food at Building Sites, Home Made Bread Cakes, Refuse Packing, Car Washing, Collecting Research Materials, Speech Writing, Editorial Work, Driving School, Clearing and Forwarding, Operating Grating and Grinding Machines, Coaching Classes, Renting Generator Sets, Operating a Barbing Saloon, Hair Weaving, Telephone Operation, Running a Catering Institute, Tailoring, Bricklaying, Plumbing, Rearing of Day Old Chicks to Three or Four Weeks, Weaving Traditional Clothes, GSM Business: Selling Recharge Cards and phone accessories, Palm Kernel oil Production, Soap Production, Aquaculture/fish farming, Chalk making, Nylon production, Concrete block production, Garri production/Cassava chips, Ice block production, Hair/ Body cream production, Big time rental services, professional practices etc.

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APPENDIX SECTION 1

FACULTY OF MANAGEMENT SCIENCES, DEPARTMENT OF BUSINESS

ADMINISTRATION,

USMAN DAN FODIYO UNIVERSITY SOKOTO, SOKOTO STATE.

Dear respondents,

I am a postgraduate student of the above institution. I am carrying out a research on the Financial Intermediation and Micro Small and Medium Scale Entrepreneurs in Nigeria (A Case Study in Kano State).

Please, kindly complete this questionnaire and this research is strictly for academic purpose only and you are well assured that the information will be treated with utmost confidentiality.

Thank you for your anticipated co-operation.

Yours faithfully

SHEHU MOHAMMED DIKKO 13120905023

44

QUESTIONNAIRE

1. BUSINESS NAME:

2. LOCATION : __________________________________________________

3. Sex of the Respondents a) Male b) Female

4. Marital Status of the Respondents

a) Single b) Married c) Divorce d) Widowed

5. Age of Respondents

a) 10-20 years b) 21-30 years c) 31-40 years d) 41-50 years

6. How long has your business been in existence?

a) 1-5 b) 5-10 c) 10-15 d) 15-20

7. Have you ever been assisted or by any form of financial intermediary?

a)Yes b) No

8. If yes what form of financial intermediary supported have you gained access to ___________________________________________________________________

___________________________________________________________________

9. How will you rate financial intermediary intervention a) Strongly Agree

b) Agree c) Neutral d) Disagree

e) Strongly Disagree

45

10. What channel or ways have you followed to gain access to financial intermediary?

Example

 Formal (Commercial bank, Community bank, Savings and loan institution)

 Informal [Rotational savings and credit insitiution (Esusu, Adashe)]

______________________________________________________________________

______________________________________________________________________

11. What are the major challenges you are facing in your business?

A. Financial planning B. Seasonal demand C. Distribution techniques D. Managerial skills

E. Specify other than the above mentioned ___________________________

12. What significant impact has financial intermediary made in your business

______________________________________________________________________

______________________________________________________________________

13. What are the things you think can be done to improve on their performance.

A. Government intervention B. Easy access to loan C. Adequate training

D. Specify other than this _______________________________

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14. General comment on developing strategic entrepreneurship among Micro Small and Medium Scale industries in Nigeria.

______________________________________________________________________

______________________________________________________________________

______________________________________________________________________

______________________________________________________________________

47

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