AN APPRAISAL OF OPERATIONAL PROBLEMS FACING MICRO FINANCE BANK
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY In Nigeria, the issue of financing active poor in both urban and rural areas through formal financial institutions is difficult (Ovia, 2007). Nigeria is facing various serious problems that are threats to the national economy (Anyanwu, 2004). According to National Financial Inclusion, in the provision of financial services, Nigeria lags behind many African countries. In 2010, 36% of adults – roughly 31 ...
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