Abstract: This study examined the intensity of competition in the microfinance industry and its relationship performance of MFIs in Nigeria. From a sample of 121 MFIs in Nigeria, data was collected via a structured questionnaire. Data collected was analyzed via Partial Least Squares Structural Equation Modeling (PLS-SEM 3.0) using the Statistical Package for Social Science (SPSS v22) and, findings suggest that MFIs were faced with intense competition in the form of high cost and difficulty of entry, high operational cost and too many players in the industry regardless of the type of product and services they offer or lending policies they embrace. The result further reveal that the intensity of competition has significant negative influence on the amount of loans disbursed and the amount disbursed to women.  The study therefore recommends MFI managers to develop operational mechanisms for cost and risk reduction to survive and excel.

Keywords: Business, Environment, Performance, Microfinance Institutions, Nigeria.

Title: External Business Environment and Performance of Microfinance Institutions: Empirical Evidence from Nigeria

Author: Nasiru Liman Zuru, M. K. Kamba

ISSN 2394-7322

International Journal of Novel Research in Marketing Management and Economics

Novelty Journals

Abstract: SME’s and TVET, widely recognized as key elements of transformation driving countries competition and regional developments. Knowledge transfer has a real impact on today economies. SMEs has imposed its authority by improving quality of social life promoting jobs and boosting economies. In another hand both knowledge and practicability are needed and benefit for a conscience economy. In this respect the role of (TVET) Technical vocational education training is essential as it generate labor and boosting entrepreneurial initiative and supporting them with the accurate knowledge. University and colleges seem not to solve the problem of SMEs when it comes to knowledgeable labor. SMEs as a great initiative as well as very risky start-up are very dedicated at start. TVET development might be the great deal to respond to the technicality that lacks in SMEs most of the time affected by the lack of financial capability to afford professional. Follow by the lack of knowledge to put good ideas in practice. We can also argue that when knowledge move to the higher education, university or college it become expensive to higher and most of the times non effective. Small business and TVET will have in common more practical, technical and educational success history in creating opportunities while developing human capital to manage it. This paper explores the impact of knowledge transfer between the small & medium enterprise and technical & vocational education training through government development project. In sector like Health, trading, agriculture and manufacturing. This paper highlights the impact of knowledge transfer that has been applied in western countries and it impact on SME’s business performance in Rwanda.

Title: The awareness of knowledge Transfer Between SME’s and TVET and its Impact on Business Performance in Rwanda

Author: Martin Luther Mawo, Dr. Azadeh Amoozegar Abdollah, Jonah Michael, Kenty Balenda Mbambi

ISSN 2394-7322

International Journal of Novel Research in Marketing Management and Economics

Novelty Journals

Abstract: The participation of females in entrepreneurial activities is such a satisfying ideal that has proven to convey positive contribution towards economic process. To ascertain this; the subject matter has presented herein. Such presentation has been done by giving detailed analysis of the effects of challenges encounters female entrepreneurial taking Malaysia, which is one of the transformed economies as the country of context. There is a promising growth in entrepreneurial activities in the recent years in Malaysia; yet, this growth has seen to have many male entrepreneurs leaving females with minimal rate of participation. There are challenges identified, evaluated and analyzed to be the very reasons that leads to this scenario. The study employed three challenges called economic, resource and cultural extracted from Isa et al., (2018); the challenges which are henceforth implemented as independent variables (IVs) of the study. The study has found the significant correlation between each of these IVs (EoC) and its subject matter; that’s female entrepreneurial (FE) in Malaysia the DV with the significant levels of 0.026 and 0.012 respectively. The extent of effects was regretted to be 62% within the inverse correlation of 0.89 to mean that the increase of EoC results to the decrease of FE and the decrease of EoC leads to the increase of FE. The statistical analytics were measured using SPSS and data were secondarily reviewed from the study of Hossain et al., (2018). For further researches; an expansion to reach other stakeholders like police makers and officers of financial institutions has been recommended because, this study has been established on the mere perspectives and opinions of entrepreneurs and not other stakeholders of entreprenerial activities.  

Keywords:  Entrepreneurial, Female Entrepreneurs, Effects of Entrepreneurial Challenges, Malaysia.

Title: An Investigation of the Effect of Challenges Encounters Female Entrepreneurial in Malaysia

Author: Tchana Nzimi Mireille, Martin Luther Mawo, Johnson Benjamin, Assoc. Prof Dr. Valliappan Raju

ISSN 2394-7322

International Journal of Novel Research in Marketing Management and Economics

Novelty Journals