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August 17, 2025International Journal of Research and Innovation in Social Science

Microfinance Services and Profit Levels of Micro-Enterprises in Southwest Nigeria

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Authors

IAIbidapo Samuel AdeniyiFEFestus Mobolaji EpetimehinSOSolomon O. Onimole

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Overview

Quantitative analysis identifies microfinance services significantly improve profit levels in micro-enterprises, suggesting enhanced financial inclusion.

Key Points

  • Microfinance services increase profit levels of micro-enterprises in Southwest Nigeria, showing a positive relationship with profitability.
  • Access to microcredit, structured savings, and business advisory contribute to increased profit margins and operational efficiency.
  • Analysis was conducted via a quantitative survey design using data from 344 micro-enterprise owners/managers across six states.
  • Findings support expanding microfinance outreach and customizing products to enhance financial inclusion for entrepreneurship.

Cite This Study

Adeniyi et al. (2025) studied this question.

synapsesocial.com/papers/68c2366fb210217d64774878https://doi.org/10.47772/ijriss.2025.914mg00126
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