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CONCLUSION
Based on preliminary analysis and discussion, the study concludes that, all the various sources of finance under study can predict the performance of SMEs in Oredo. However, almost all the independent variables except personal savings had a significant relationship with the dependent variable (corporate performance). This is because most SMEs owners utilize most their personal savings as their capital whether it is enough or not as they are mostly scared of interest rate from other sources. These small-scale owners do not really consider whether the owner capital is enough for them or not, they rather remain small or not do business at all than for some of them to source financing. Also, SMEs owners do not often utilize money lender source of finance as they perceive it to be risky because of the interest rate charged. They prefer personal savings sources and family & friends. But most of them are not members of the cooperative society as they are not aware of some benefit it can bring. Majority of SMEs owners surveyed do not utilize microfinance bank sources of finance because of fear of the unknown due to the huge collateral normally requested. They do not even want to inquire about their terms and conditions so they resort to other sources of finance.
