Livestock Entrepreneurship and Financial Capital : The Nigerian Perspective
The study examined livestock entrepreneurship and financial capital in Nigeria. The multi-stage sampling technique was employed in selecting 232 livestock entrepreneurs. Data were collected through well-structured questionnaires. The data were analyzed using descriptive statistics such as frequencies and percentages. Socio-economic characteristics of respondents revealed that the majority (95.3%) were male, 69.8% aged 18 -33 years old and 88.4% had one form of formal education or the other. About 42.3% and 40.5% reported that they engaged in farming and civil service as their primary occupation respectively. The majority (52.56%) of the respondents sourced financial capital through equity all through. About 39.22% of the respondents obtained financial support from Non-Governmental Organization (NGOs) and 48.4% reported high-interest rates on loans as their main barrier in sourcing financial capital for livestock entrepreneurship. The study recommended that in order to boost livestock entrepreneurship towards improving beef supply and sustainable environment, intensive livestock management should be encouraged through the provision of financial capital at a low-interest rate to livestock entrepreneurs by commercial Banks. Government at all levels should aid to livestock entrepreneurs in forms of financial resources. This will go a long way in assisting the entrepreneurs to diversify their livelihood activities and reduce poverty
Year of publication: |
2020
|
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Authors: | Lawan, Umar |
Other Persons: | D., Mohammed (contributor) |
Publisher: |
[2020]: [S.l.] : SSRN |
Subject: | Tierhaltung | Animal husbandry | Nigeria | Entrepreneurship | Entrepreneurship approach | Finanzmarkt | Financial market |
Saved in:
freely available
Extent: | 1 Online-Ressource (9 p) |
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Type of publication: | Book / Working Paper |
Language: | English |
Notes: | In: Journal of Management Research and Development 7(1), 165-170, 2020 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2020 erstellt |
Classification: | G32 - Financing Policy; Capital and Ownership Structure ; M13 - Entrepreneurship |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012828317
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