Download Tag: MICROFINANCE BANK

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 ...

Abstract This study is on the impact of microfinance bank on economic growth of Nigeria. The total population for the study is 200 staff of community bank, Akwa Ibom state. The researcher used questionnaires as the instrument for the data collection. Descriptive Survey research design was adopted for this study. A total of 133 respondents made up managers, customer care officers, marketers and junior staff was used for the study. ...

CHAPETR ONE INTRODUCTION  1.1        Background of the study 1.2        Statement of problem 1.3        Objective of the study 1.4        Research Hypotheses 1.5        Significance of the study 1.6        Scope and limitation of the study 1.7       Definition of terms 1.8       Organization of the study CHAPETR TWO 2.0   LITERATURE REVIEW CHAPETR THREE 3.0        Research methodology 3.1    sources of data collection 3.3        Population of the study 3.4        Sampling and sampling distribution 3.5        Validation of research instrument 3.6        Method of data analysis CHAPTER FOUR DATA PRESENTATION AND ...

CHAPETR ONE INTRODUCTION  1.1        Background of the study 1.2        Statement of problem 1.3        Objective of the study 1.4        Research Hypotheses 1.5        Significance of the study 1.6        Scope and limitation of the study 1.7       Definition of terms 1.8       Organization of the study CHAPETR TWO 2.0   LITERATURE REVIEW CHAPETR THREE 3.0        Research methodology 3.1    sources of data collection 3.3        Population of the study 3.4        Sampling and sampling distribution 3.5        Validation of research instrument 3.6        Method of data analysis CHAPTER FOUR DATA PRESENTATION AND ...

1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY It would be observed that, despite the presumed developments in the Nigerian economy, the country is still largely being regarded as a developing country (Onyema, 2006). More so, its industrial growth is not quite impressive. Before the emergence of formal microfinance institutions, informal microfinance activities flourished all over the country. Traditionally, microfinance in Nigeria entails traditional informal practices such as local money lending, ...

ABSTRACT This work examined the impact of microfinance bank in poverty reduction using Cosmopolitan microfinance bank as a case study.  A cross sectional data was used to carry out this impact analysis.   The ordinary least squares result revealed that savings is the only major determinant of income level in Port Harcourt community.  Even though Cosmopolitan microfinance bank does not extend financial services as a result of high interest rates on borrowing and other impediments inherent ...

ABSTRACT This study examines the roles of microfinance banks in Nigeria. The practice of microfinance in Nigeria is culturally rooted and dates back several centuries. The traditional microfinance institutions provide access to credit for the rural and urban, low-income earners. The informal financial institutions generally have limited outreach due primarily to paucity of loanable funds. In order to enhance the flow of financial services to Nigerian rural areas, Government has, ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Long before the inception of Microfinance banking system in Nigeria , intensive campaigns were organized nationwide urging community to form community Development  Association or where they already exist6 in form of town union or patriotic association to register them in their local government. This was to create an avenue for which they could more effect t lively participate in rural development programmes at ...