List of Acronym&Definitions

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List of acronym Table 1: Acronyms Abbreviation Elaboration GEMS The Growth and Employment in States program aims to reduce poverty and its goal is to increase growth, income and jobs in selected states of Nigeria by DFID UK DFID Department for International Development Naira Nigerian Currency N Naira, Nigerian Currency SME Small Medium Enterprise GDP Gross Domestic Product

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List of acronym

Table 1: Acronyms 

Abbreviation Elaboration

GEMS

The Growth and Employment in States program aims to reduce poverty and its

goal is to increase growth, income and jobs in selected states of Nigeria by DFIDUK

DFID Department for International Development

Naira Nigerian Currency

N Naira, Nigerian Currency

SME Small Medium Enterprise

GDP Gross Domestic Product

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List of Synonyms/Definition 

Table 2: Synonyms/Definition

Main Word Synonyms/Definition

Input SupplierInput Suppliers engage in business of different

input supply i.e. Machine, raw materials etc.Tannery A place where the work of tanning is carried on.

Synthetic leather

Artificial leather, a fabric or finish intended to

substitute for leather in fields such as upholstery,

clothing and fabrics, and other uses where a

leather-like finish is required but the actual

material is cost-prohibitive or unsuitable.

Importer & supplier of accessories & components

Importer & supplier engaged in business of 

importing and supplying of accessories &

components.

Local producer & supplier of accessories &

components

Different producers of accessories & components

produced locally and they supply this tocustomers.

Traders of accessories & componentsWholesaler and Retailer of accessories &

components

Cooperative

A cooperative (also co-operative; often referred to

as a co-op) is a business organization owned and

operated by a group of individuals for their mutual

benefit.

Niche Market

A niche market is the subset of the market on

which a specific product is focusing; therefore the

market niche defines the specific product features

aimed at satisfying specific market needs, as well

as the price range, production quality and the

demographics that is intended to impact.

Artisanal

An artisan (from Italian: artigiano) is a skilled

manual worker who makes items that may be

functional or strictly decorative.

Micro-credit organizationAny organization that provides microfinance,

generally to poor & SME organization.

one-on-one InterviewInterview/data collection/survey of individual

actor

Group Interviews

Interview/data collection/survey of more then one

actors might be engaged in homogeneous

activities or not.

GDP

Gross domestic product (GDP) refers to the market

value of all goods and services produced within a

country in a given period. It is often considered an

indicator of a country's standard of living.

Industrial producers

Artisan producersAn artisan/ Artisan producers (from Italian:

artigiano) is a skilled manual worker who makes

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items that may be functional or strictly decorative.

Large industrial producer

Small industrial producer

Artisan complete

Artisan specialist

Marketing

Wholesale

Wholesaling, jobbing, or distributing is defined as

the sale of goods or merchandise to retailers, to

industrial, commercial, institutional, or other

professional business users, or to other

wholesalers and related subordinated services.[1]

In general, it is the sale of goods to anyone other

than a standard consumer.

Retail

Retail consists of the sale of goods or merchandise

from a fixed location, such as a department store,

boutique or kiosk, or by mail, in small or individual

lots for direct consumption by the purchaser.[

High income Group

Middle income Group

Low income Group

Leather quality

High

Medium

Low

Small Ruminants

Demand-Supply Gap Gap between Market demand and Market supply

Million 1000 Thousands

Billion 1000 Million