An Assessment of Small and Medium Scale Enterprises Sources of Financing in Gombe Central Senatorial District F

Abstract

 This study titled an assessment of small and medium scale enterprises sources of finance in Gombe central senatorial district. The main objective of this study was to assess the SMEs sources of finance in Gombe Central Senatorial District. Population of the study comprises 34 SMEs in the senatorial district in which 18 were selected to serve as sample size of the study. Data was generated from both primary and secondary sources. The data generated was analyzed using descriptive statistics and chi-square respectively. The study recommended that the Small and Medium Enterprises should improve their financial records keeping through engaging individuals with book keeping and account skills for proper record keeping. Also, the Government should encourage the establishment of co-operative societies in the State because it constitutes the major source of financing Small and Medium Enterprises