Benue State University, Makurdi

WOMEN-OWNED SMALL SCALE BUSINEESSES; A TOOL FOR ACHIEVING THE MDGs IN VANDEIKYA LOCAL GOVERNMENT AREA OF BENUE STATE

D. T. NOMOR AND Dr. C. O. OBUTE

Abstract

This research examines the impact of small scale businesses on poverty reduction as a way toward achieving the Millenium Development Goals in Vandeikya Local Government Area. The study focuses on those businesses owned by women and the impact of the income earned by women from these businesses on poverty reduction in Vandeikya Local Government Area of Benue State. Primary data were collected from structured questionnaires administered on a sample of 270 women who own small scale businesses in Vandeikya Local Government Area. The data were analyzed using descriptive statistics and Logit regression Model. Results from the study showed that women-owned small scale businesses have a significant impact on poverty reduction in the study area but that the impact is not as expected. The study recommends that government should provide access to credit facilities for women and should provide vocational and skill training for the women, their husbands and members of the public should provide support to women, women should develop a savings culture among others.

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