ROLE OF MICRO FINANCE BANKS IN THE ECONOMY DEVELOPMENT OF NIGERIA

INTRODUCTION

Micro finance Bank (describe here as small scale financial services to claim that they are economically active various urban and rural areas) has been proven to be effective in fighting poverty by providing entrepreneurs with the necessary capital to start and expand their entrepreneurial activities.

Last year, successive government has put in place various policies in order to make things easier for the ordinary man on the street. Unfortunately, the struggle for survival has became more difficult and excruciating for the toiling masses. Indeed, the government’s concern for the intolerable poverty level, which is more than 54 percent – over 70 million out of 140 million Nigerian population, is encapsulated also in the recent statement by Prof. Chukwuma Soludo, while lamenting that the poverty level in Nigeria is not only getting to a crisis point but also becoming dynastic.

TABLE OF CONTENT

Title Page

Declaration

Approval page

Dedication

Acknowledgement

Table of Content

CHAPTER ONE

1.0 Introduction

1.1 Background of the study

1.2 Statement of the Problem

1.3 Objective of the study

1.4 Significance of the study

1.5 Scope and limitation of the study

1.6 Definition of term

CHAPTER TWO

2.0 Review of Literature

2.1 Definition of Micro finance

2.2 Role of micro finance bank in Nigeria economy

2.3 Beneficiaries from micro finance bank

2.4 Problem encountered by micro finance bank in Nigeria economy

2.5 Procedure for established micro finance bank

CHAPTER THREE

3.0 Summary, Conclusion and Recommendation

3.1 Summary

3.2 Conclusion

3.3 Recommendation

Bibliography

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APA

YWH9nGq5c0006a088b224.87258818, C. (2018). ROLE OF MICRO FINANCE BANKS IN THE ECONOMY DEVELOPMENT OF NIGERIA. Afribary. Retrieved from https://beta.afribary.com/works/role-of-micro-finance-banks-in-the-economy-development-of-nigeria-9926

MLA 8th

YWH9nGq5c0006a088b224.87258818, CXRbMXY5c0006a08804a6.07849201 "ROLE OF MICRO FINANCE BANKS IN THE ECONOMY DEVELOPMENT OF NIGERIA" Afribary. Afribary, 29 Jan. 2018, https://beta.afribary.com/works/role-of-micro-finance-banks-in-the-economy-development-of-nigeria-9926. Accessed 24 Apr. 2025.

MLA7

YWH9nGq5c0006a088b224.87258818, CXRbMXY5c0006a08804a6.07849201 . "ROLE OF MICRO FINANCE BANKS IN THE ECONOMY DEVELOPMENT OF NIGERIA". Afribary, Afribary, 29 Jan. 2018. Web. 24 Apr. 2025. < https://beta.afribary.com/works/role-of-micro-finance-banks-in-the-economy-development-of-nigeria-9926 >.

Chicago

YWH9nGq5c0006a088b224.87258818, CXRbMXY5c0006a08804a6.07849201 . "ROLE OF MICRO FINANCE BANKS IN THE ECONOMY DEVELOPMENT OF NIGERIA" Afribary (2018). Accessed April 24, 2025. https://beta.afribary.com/works/role-of-micro-finance-banks-in-the-economy-development-of-nigeria-9926

ROLE OF MICRO FINANCE BANKS IN THE ECONOMY DEVELOPMENT OF NIGERIA

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