John, Adigizey D.Naburgi, Musa Mohammed2023-12-102023-12-102015-10-10Akisimire, R. (2010). Microfi nance credit terms and performance of SMEs ii Uganda: a case study of SMEs in Mbarara Municipality. Published M.Sc. Dissertation, Makerere University, Uganda. Aryeetey, E.A., Baah-Nuakoh, A., Duggleby, T., Hettige, H., & Steel, W.F. (1993).Supply and Demand for Finance of Small Enterprises in Ghana.World Brnk Discussion Papers. Washington, D.C.: World Bank. Discussion Paper 251.' Cuevas, C.R., Hanson, M., Fafchamps, P.M., &Sirvastava, P. (1993).Case Studies of Enterprise Finance in Ghana. Washington D.C.: The World Bank. Cuevas, R., & Carlos, E. (1993).Loan transactions and borrowing costs in developing countries.?} nrcricnn Journal of Agricultural Economics, Pp71.1356. Demirguc, A. (2005). The determinant of financing obstacles.lnteriiatmiial Journal of Money and Finance, 25(6): 932-952. Fleisig, H. (1996). Secured transactions: The power of collaterals. Finanace and Development, 33 (2), pp. 44 -46. Fleisig, S.M. (1996). Financing Constraints and Corporate Investment: Brooki igs Papers On Economics Activity, 1, Pp,141-95 Gonzalez, K., &Sushma, R. (2009).The state of microcredit-outreach, profitability, and poverty findings from a database of 2600 microfinance institutions. Presentation At World Bank Conference, 'Access To Finance, May 30. Green, A. (2003). Credit Guarantee Schemes for Small Enterprises: An Effective Instrument to Promote Private Sector-Led Growth? SME Technical Working Paper No. 10. Vienna: UNIDO. Health, M., & Gibson, S. (1991). The Importance of Community Values in Small Business S tra tegy Forma tion: Hogan, L.H. (2001). Financing small and medium Enterprises (SME): Uganda's experience. Bank of Uganda working paper no WP/03/01https://keffi.nsuk.edu.ng/handle/20.500.14448/918This study examines the effects of Microfinance Institutions Credit Terms on Financing of Micro Enterprises (MEs) in Nasarawa State. Descriptive research design was adopted using Ordinary Least Square Method of Regression on data collected through structured closed ended questionnaires of 5 point Likert scale format from the sampled MEs in Nasarawa State, using stratified and convenient sampling methods. The findings of the study reveal that, cost of money is negatively related to MEs willingness to borrow in Nasarawa State with statistical significance. In the case of collateral, a significant positive effect on access to finance is shown. The study concludes that, MEs accessibility to finance is a function of collateral security they present. It is also concluded that, MEs are discouraged to borrow when interest rate is high. The study recommends among others that, Government should endeavour to provide a scheme that can assist the MEs in the state to access loans without stringent collateral requirements.enCollateral, Access to Finance, Cost of Money, Willingness to Borrow, Nasarawa StateArticle