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Microfinance and micropreneurship in rural South-East Nigeria: an exploration of the effects of institutions

Irene Ukanwa, Lin Xiong, Jahangir Wasim, Laura Galloway · 2022 · Entrepreneurship and Regional Development

Summary. This study examines 30 women micropreneurs in rural South-East Nigeria to understand how institutions affect their entrepreneurial activities. While microfinance is widely promoted as a solution to institutional gaps in poor regions, the research finds that socio-cultural barriers and patriarchal traditions significantly limit women's trust and engagement with microfinance services. The authors conclude that effective enterprise support in developing nations must address local socio-cultural institutions and lived realities rather than relying solely on financial interventions.

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Ukanwa, I., Xiong, L., Wasim, J., & Galloway, L.. (2022). Microfinance and micropreneurship in rural South-East Nigeria: an exploration of the effects of institutions. Entrepreneurship and Regional Development. https://doi.org/10.1080/08985626.2022.2087747

Details

DOI
10.1080/08985626.2022.2087747
Countries
Nigeria
Regions
Africa
Categories
entrepreneurship, funding, regional-innovation-systems
Added
2026-04-28