Financing Specialized Property Development in Rural Southwestern Nigeria: A Source Analysis

Ellen Waithira Karuga, Peter P. Kithae, Domeniter Naomi Kathula · 2026 · Journal of Global Economy Business and Finance

Summary. This study examines financing sources for specialized property developments in rural southwestern Nigeria. Researchers surveyed three states and found that property owners primarily fund these distinctive, custom-built projects through commercial banks, followed by merchant banks, mortgage institutions, and insurance companies. Owners consistently contribute personal equity throughout development lifecycles. Most borrowed funds come as long-term loans, giving owners adequate repayment periods.

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@article{karuga-2026-financing-specialized-property-development-rural,
  title   = {Financing Specialized Property Development in Rural Southwestern Nigeria: A Source Analysis},
  author  = {Ellen Waithira Karuga and Peter P. Kithae and Domeniter Naomi Kathula},
  journal = {Journal of Global Economy Business and Finance},
  year    = {2026},
  doi     = {10.53469/jgebf.2026.08(02).08},
  url     = {https://doi.org/10.53469/jgebf.2026.08(02).08}
}

TY  - JOUR
TI  - Financing Specialized Property Development in Rural Southwestern Nigeria: A Source Analysis
AU  - Ellen Waithira Karuga
AU  - Peter P. Kithae
AU  - Domeniter Naomi Kathula
JO  - Journal of Global Economy Business and Finance
PY  - 2026
DO  - 10.53469/jgebf.2026.08(02).08
UR  - https://doi.org/10.53469/jgebf.2026.08(02).08
ER  - 

Details

DOI

10.53469/jgebf.2026.08(02).08

Countries

Nigeria

Regions

Africa

Categories

funding, regional-innovation-systems, general-innovation

Added

2026-04-29