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Q: Constraints to financial Management of SMEs in Nigeria?
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What are the sources of financing small scale business in nigeria?

Source of finance for small scale business can be raise through 1. From family. 2. From friends 3. From cooperatives society 4. Loans from the bank... Nigeria has introduced some sectoral policies to strengthen the growth of SMEs in Nigeria. Some of the policies active there are Concessionary financing, Small and Medium Industries Equity Investments Scheme(SMIEIS) to encourage the growth of small and medium scale industries. In Nigeria, the National Council of Industry, under the Federal Ministry of Industries, periodically revises the classification of SMEs. Other institutions, such as the Central Bank of Nigeria and the Nigerian Association of Small Scale Industries(NASSI) promote the growth of small industries.


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Is SEDCO Zimbabwe fulfilling its role as a financing organ in Zimbabwe?

SEDCO (Small Enterprises Development Corporation) has failed to fulfill its roles since there is no tangible evidence of what the organization did to help the smes in 2010. Not even one firm benefited from this organization due to a number of factors which include financial and lack of proper management of funds by the top managers.


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Byron Grainger-Jones has written a variety of publications in the field of economics, particularly focusing on topics related to development finance and sustainable development. He is known for his work on issues such as the financing of small and medium-sized enterprises (SMEs) and the role of financial institutions in supporting entrepreneurship in developing countries.


Why SMEs in tourism not want to cooperate with others?

because Sbo AKA D`lish told them not to.