Impact Of Microfinance Banks On The Performance Of Small Businesses In Ilorin Metropolis

CHAPTER ONE INTRODUCTION 1.1 Background of the Study Micro and small businesses are believed to be the engine room for the development of any economy because they form the bulk of business activities in a growing economy like that of Nigeria (Ashamu, 2014). Since Nigeria attained independence in 1960, considerable efforts have been directed towards industrial development. The initial efforts were government led through the vehicle of large industry but lately emphasis has been shifted to small and medium scale enterprises following the lessons learnt from the success of micro and small enterpr…