The Impact of Entrepreneurship Intervention Scheme on Risk of Exposure to Poverty in a Developing Economy.

  • Uduakobong Inyang Department of Insurance, Faculty of Business Administration, University of Uyo, Akwa Ibom State, NIGERIA
Keywords: entrepreneurship, poverty, financial support, risk, developing economy

Abstract

This study examined the impact of a financial support scheme targeted at existing micro-entrepreneurs on the risk of exposure to poverty. Data was collected from a population of micro-entrepreneurs in Akwa Ibom State that received financial support from Right Honorable Aniekan Bassey Youth Entrepreneurship Support Scheme, RHAB –YESS, for the period 2020 and 2022 with the use of a structured questionnaire.  Logistic regression was used in the data analysis. The results indicate a reducing effect of access to financial support on risk of exposure to poverty among the entrepreneurs. The finding suggests targeted financial support of existing entrepreneurs as a veritable strategy for poverty alleviation.

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Published
2022-06-29
How to Cite
Inyang, U. (2022). The Impact of Entrepreneurship Intervention Scheme on Risk of Exposure to Poverty in a Developing Economy. Asian Journal of Management, Entrepreneurship and Social Science, 2(03), 148-156. Retrieved from https://ajmesc.com/index.php/ajmesc/article/view/107
Section
Articles