THE IMPACT OF BANK LOAN ON SMALL AND MEDIUM SCALE ENTERPRISE IN NIGERIA
CHAPTER ONE INTRODUCTION Background of the study Small and medium-scaled businesses (SME) are businesses whose personnel numbers fall below certain limits. The abbreviation "SME" is used in the European Union and by international organizations such as the World Bank, the United Nations and the World Trade Organization (WTO). Small and medium-scaled enterprises outnumber large companies by a wide margin and also employ many more people. SMEs are also said to ...
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