EVALUATION OF THE IMPACT OF MICROFINANCING ON POVERTY ALLEVIATION IN NIGERIA
EVALUATION OF THE IMPACT OF MICROFINANCING ON POVERTY ALLEVIATION IN NIGERIA
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Date
2012-03
Authors
NATHAN, MARKUS
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Abstract
The growing awareness of the potential of microfinance in poverty reduction,
economic growth and development, coupled with the emergence of several highly
successful and fast growing microfinance institutions, has effectively put the issue of
microfinance on the political agenda of most developing countries. Well performing
financial institution have basic role to play in fostering development. This study
evaluates the impact of Microfinance on poverty alleviation in Nigeria. Both primary
and secondary data were used. Descriptive analysis were used for the study for it's
convenient for this research. The study revealed that Microfinance Bank has
impacted on poverty on by lending to the poorest of the poor in the rural areas, and
that Microfinance bank has helped in supporting the borrowers to succeed. The
study recommend that government should provide low interest credit facility to
microfinance institutions to enable them meet up with the challenges of increase in
patronage
Description
Being Thesis Submitted to the Postgraduate School in
Partial fulfillment of the requirements for the Award of
Masters in Business Administration in the Department
of Business Administration Ahmadu Bello University
Zaria, Nigeria
Keywords
EVALUATION,, MICROFINANCING,, POVERTY ALLEVIATION,, NIGERIA