30 Vol. 9, No. 2, Winter 2020 DOI: 10.2478/jses-2020-0011 ASSESSING MSMEs GROWTH THROUGH ROSCA INVOLVEMENT USING PAIRED t-TEST AND ONE SAMPLE PROPORTION TEST Ikwuoche DAVID a* , Obinna ADUBISI b , Bilkisu FAROUK c and Mary ADEHI d a)b) Department of Mathematics and Statistics, Federal University Wukari-Nigeria. c) Department of Management Science, Nigeria Defence Academy, Kaduna-Nigeria. d) Department of Statistics, Nasarawa State University, Keffi-Nigeria. Abstract In this research work, rotating savings and credit association (ROSCA) effect on the growth of micro, small and medium enterprises (MSMEs) and identification of a factor supporting the continuity of ROSCAs is studied. A well-designed questionnaire with a reliability value of 0.957 was distributed to 400 entrepreneurs in Wukari through snowball sampling technique. After validity check, 368 valid questionnaires were used for the research. Firstly, a paired t-test was applied to know if entrepreneurs achieve significant positive growth in their business before and after 5 years of joining ROSCAs. At 5% level of significance, entrepreneurs achieved significant positive growth in their businesses 5 years and above of joining ROSCAs. Secondly, a one sample proportion Z-score test was used to identify the major factor responsible for ROSCAs continuity. At 5% significance level, flexibility was identified as the major factor responsible for ROSCAs. It was concluded based on the results obtained that ROSCAs has a significant positive effect on the growth of MSMEs and ROSCAs continuity towards MSMEs growth is due to its flexibility factor in terms of operations, disbursement, seeking loans and interest rate. Keywords: Flexibility, Growth, MSME, ROSCA, t-test, Z-score JEL Classification: G23; D72; L26 *Corresponding author, Ikwuoche David – davidij@fuwukari.edu.ng / ikwuoche8@gmail.com