Impact Of Institutional Financing On The Performance Of Small-Scale Manufacturing Industries In Kaduna State

📄 Project Abstract

Various development finance institutions were established to alleviate the major problem of finance that small-scale industries face. Inspite of the intervention of such finance institutions, the performance of most smallscale industries, especially manufacturing, is not encouraging. This may be as a result of funds not adequate to gear-up their performance or their inability to utilise the funds towards the said goal. This research evaluates whether or not the funds from such development finance institutions increases the performance of small-scale manufacturing industries in Kaduna State, using profitability and working capital as indicators. To this end, financial statement of five small-scale manufacturing industries selected at random across the three senatorial zones in the state were made used of for the period of ten (10) years i.e. five years before financing and five years after financing. Two-sample t-test were used to test the hypothesis. It was found that the funds obtaine...