• The Role Of Microfinance Banks In The Alleviation Of Poverty In Nigeria
    [A Case Study of Oha Microfinance Bank Ogui Road Branch, Enugu State]

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    • This study explores the immense role of the microfinance banks in the alleviation of poverty in Nigeria. The researcher revealed that the rate at which rural dwellers deposit their money in their pillows rather than in microfinance banks is high. Data were collected through primary and secondary sources. As regarded to primary sources, questionnaires and interviewed were used. The chi-square (x²) method was used for testing of hypotheses. Responses to the questionnaires were analyzed using percentage method of analysis.

      Based on the findings of this study, an attempt on the role of microfinancing as stimulus to poverty alleviation in Nigeria may lack adequate knowledge of various financial transactions available and how the rural dwellers can access them. In conclusion, it hoped that the recommendation will help the microfinance banks to strengthen its weakness for better and effective services in order to achieve its sets of goals and socio-economic advancement for the alleviation of poverty in Nigeria.

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    • CHAPTER ONE - [ Total Page(s): 2 ]1.3 - OBJECTIVES OF THE STUDYThe broad objective of this study is to find out the role of microfinance banks as a palliative in the alleviation of poverty in Nigeria. They are as follows:1. To find out the rate at which rural dwellers deposit their money in microfinance banks rather than putting it under pillows.2. To find the contribution of government in alleviation of poverty through the establishment of microfinance banks.3. To find out the rate at which rural dwellers are able to repay thei ... Continue reading---