PROPOSAL ON THE IMPACT OF MICROFINANCE BANK ON ECONOMIC GROWTH OF NIGERIA
Abstract This study examined the performance of microfinance banks (MFBs) and its impact in promoting economic development in Nigeria. The study found a positive relationship between human development index and microfinance loan. The findings suggest that microfinance banks promote economic growth and social capital formation in Nigeria. The study therefore recommends that relevant stakeholders should create more awareness to the general public on the importance of microfinance loans to the ...
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