Download Tag: MICROFINANCE

ABSTRACT This study examined the impact of Micro Finance Banks on individuals, small scale Business e.t.c. It shows the extent Micro Finance can achieve the following: (1)    Poverty eradication, if not totally but to a large extent. (2)    Increase wealth by reducing the gap between the rich and the poor on the long run. (3)  Provision and availability of funds by administration of micro credit programmes. (4) Providing information to enhance the ...

CHAPTER ONE INTRODUCTION 1.1      BACKGROUND OF THE STUDY It  is  an  undisputable  fact  that  the  contribution  of microfinance to entrepreneurship activities is increasing being recognized as a primary engine of economic growth. (The Economist, May 18th 1996). By combining existing resources with innovative ideas, entrepreneurs add value through the commercialization of new products, the creation of new jobs and the building of new firms. The Global Entrepreneurship Monitor (GEM) indicates that nations with higher levels of entrepreneurial activity enjoy ...

ABSTRACT This research work was undertaken to roles of microfinance banks in financing small and medium scale enterprise. The work was intended to achieve the following objectives to ascertain the extent to which micro finance bank has been assisting in providing credit facilities to small scale industrialists, to determine the cost of variability in small scale industrial financing by micro finance bank. The literature review also describe objectives and functions ...

CHAPTER ONE INTRODUCTION 1.0  BACKGROUND TO STUDY Microfinance is the provision of financial services to the very active poor or mainly members of the main stream sector of the economy. Apart from small loan it includes savings micro insurance and other financial innovation micro credit which is an integral part of micro finance provides access for the “active poor” to borrow, save, invest and insure family against risk. The economic ...