2015
DOI: 10.18488/journal.1/2015.5.2/1.2.52.63
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Empowering Women and Youth in Micro- And Small-Scale Enterprises (MSSEs) For Wealth Creation

Abstract: Contribution/ OriginalityThis study is one of very few studies which have explored the means through which women and youth in MSSEs can be empowered for wealth creation and sustainable poverty alleviation, using a state in Nigerian as a referenced case.

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Cited by 4 publications
(4 citation statements)
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“…Therefore, the unprecedented challenge of raising capital for small venture growth have inspired microentrepreneurs or small-scale business owners to exploit the benefits of coming together with others to form cooperative societies. Such cooperatives will help them to finance their business ventures and to share other resources, including knowledge, skills and business information (Akpan, 2015). Oladejo (2013) accentuates the importance of cooperatives as an informal capital market for entrepreneurship.…”
Section: Literature Review and Conceptual Frameworkmentioning
confidence: 99%
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“…Therefore, the unprecedented challenge of raising capital for small venture growth have inspired microentrepreneurs or small-scale business owners to exploit the benefits of coming together with others to form cooperative societies. Such cooperatives will help them to finance their business ventures and to share other resources, including knowledge, skills and business information (Akpan, 2015). Oladejo (2013) accentuates the importance of cooperatives as an informal capital market for entrepreneurship.…”
Section: Literature Review and Conceptual Frameworkmentioning
confidence: 99%
“…They have relatively simple administrative processes and transaction costs are small and shared. They provide pragmatic solutions to cooperative members in achieving a goal that is beyond the resources of an individual when working together (Akpan, 2015). There are numerous types of cooperative societies in Nigeria, including agricultural or farmers, marketing, producers, employees, trade or artisans, and credit and thrift (EInA, 2012).…”
Section: Literature Review and Conceptual Frameworkmentioning
confidence: 99%
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“…The aim of women empowerment is to enhance the socio-economic status of women through creating an economic culture that will address the technical know-how in the pursuit of women's multifaceted roles, retooling them with various economic ventures as well as enhancing the emancipation of women from poverty. This is because women are "generally poor" and constitute majority of the population thus, targeting them will be a fundamental prerequisite for any poverty reduction strategy to be effective (Akpan, 2015;Danjuma et al, 2013).…”
Section: Explaining the Linkmentioning
confidence: 99%