Download Tag: MICRO FINANCE BANKS

INTRODUCTION The place of banks in national economy is a significant one, which acts as prime mover of the economic life of any nation. The importance and significance of banks with respect to economic and social development of a nation cannot be under emphasized. Banks are known to perform many functions of deposits; mobilization and tending which is perhaps to most significant of their functions. Indeed the two prime functions ...

CHAPTER ONE INTRODUCTION 1.1  Background to the Study The federal government of Nigeria in the 1990 budget speech decided to establish micro-finance in order to stretch its programme of grass-roots economic development. The aim of this study is to make a research on the contribution of microfinance banks to the economic well being of rural dwellers in Nigeria. The micro finance bank scheme which has started years ago received recognition ...

ABSTRACT  This study examines the problem and prospect of micro-finance banks in Delta State. It also emphasizes on the contributions of micro finance banks in rural areas. This study have helped to reveal the problems hindering the smooth and proper running of micro finance banks such as problem of capital structure, problem of not operating branches, problem of quality personnel, problem of inadequate infrastructure and competition from other financial institution. ...

     CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE STUDY A microfinance institution is a semi formal organization. It can be non government al or community development initiative. It is a subset of flexible structures and system which provide a wide range of financial and saving needs of small scale enterprises in developing countries where top town formal financial institutions have failed to address the credit need off the real ...