International Journals of Economic and Business Management

Vol. 12(1), pp. 1-14, January 2024 , 2024.

ISSN: 2384-6151

https://doi.org/10.14662/ijebm2024010

 

 

Full Length Research

 

Socio-Demographic Variables and the Performance of Women-Owned Micro, Small and Medium Enterprises (Msmes) In Nasarawa State

 

Anyesha Amos Audu1 and Mohammed Baba Onwana2

 

1Department of Business Administration and Management, School of Administration and Business Studies Isa Mustapha Agwai I Polytechnic Lafia, Nasarawa State. 2Department of Business Administration and Management, School of Administration and Business Studies Isa Mustapha Agwai I Polytechnic Lafia, Nasarawa State  

Corresponding author’s E-mail: anyeshaamos@yahoo.com  

 

 

Accepted 8 January 2024

Abstract

 

The aim of this research was to assess the effect of socio-demographic variables on the performance of micro, small and medium enterprises (MSMEs) in Nasarawa State. The research used women-owned enterprises in Keffi, Lafia and Akwanga and the target population, out of which a sample of 400 respondents was selected using simple random and purposive sampling techniques. Self-developed structured questionnaire was used as instrument for data collection. Simple percentage was used as the descriptive statistic, while the hypothesis was tested using binary logistic regression. The findings from this research found that gender, age category and family support had significant negative effect on the performance of women-owned MSMEs in the state. It also found that monthly income and marital status had significant positive effect on the performance of MSMEs owned by women. It was found that educational qualification had an insignificant positive effect on the performance of women owned MSMEs in the state, the research concluded that socio-demographic factors have influence on the performance of women-owned MSMEs. The study recommended among others that g government should ensure that women are provided with conducive business environment and the needed support to effective manage MSMEs. Also, government should ensure that women owned MSMEs are given tax holidays and financial support in order to raise the level of their monthly income from the business and other stakeholders should periodically train women on business management in order to improve on their skills for better performance and women who are married should be assisted by their spouse and family members so that the can effective manage their business for better performance of women owned MSMEs in Nasarawa State.

 

Keywords: Socio-Demographic, Variables, Performances, Women-Owned, MSMEs.


 

Cite This Article As: Audu, A.A., Onwana, M.B. (2024). Socio-Demographic Variables and the Performance of Women-Owned Micro, Small and Medium Enterprises (Msmes) In Nasarawa State. Inter. J. Econ. Bus. Manage. Vol. 12(1), pp. 1- 14, January 2024