GASPRO International Journal of Eminent Scholars

                                                                                                 ABSTRACT

This study evaluates the dual impact of loans on entrepreneurial businesses in Nigeria. It explores how loans positively influence business growth, capital access, and job creation. Conversely, it highlights challenges such as high interest rates, debt burdens, and defaults. Using recent empirical data, the research examines microfinance and commercial lending outcomes. Findings show that while loans spur expansion, poor loan structures harm sustainability. The study underscores the need for a balanced credit framework for entrepreneurs. Its insights support policy reforms to maximize benefits and mitigate loan-related risks. The study concluded that a balanced evaluation reveals that credit access must be coupled with regulatory oversight. For long-term success, policymakers must promote responsible lending and borrower educ4Gation. The study also recommended that entrepreneurs should be trained on loan terms, interest rate calculations, debt management, and financial planning to reduce misuse of credit and avoid falling into debt traps.

KEYWORD: Positive and Negative, Loan, Entrepreneurial Businesses, Nigeria