Abstract
This study aimed at identifying credit facilities available to small scale clothing and textiles youngEntrepreneurs in Enugu State. It utilized descriptive survey research design. The population was 540Clothing and Textiles Entrepreneurs and bank managers. The Sample for this study was 126 comprising of66 entrepreneurs 30lecturers and 30 bank managers. Multi-stage sampling technique were adopted inchoosing the respondents. The instrument for data collection was structured questionnaire titled “CreditFacilities Availability Questionnaire in Enugu State” (CFAQ). The instrument was validated by threeexperts. To obtain the reliability of the instrument, the questionnaire was trial-tested on 20 respondents inAnambra State. Cronbach Alpha reliability coefficient of 0.83 was realized and was deemed reliable. Datacollected for this study were analyzed using a mean of 2.50 for the research questions and t-test statistic fortesting the hypotheses formulated at 0.05 level of significance. The results of the data analyzed show that,over draft from banks, loans from thrift operators, cooperatives, family and friends among others are sourcesof credit available to young entrepreneurs.
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Schedule a callMore From: Nigeria Journal of Home Economics (ISSN: 2782-8131)
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