+234 813 0686 500
+234 809 3423 853


  • Type:Project
  • Chapters:5
  • Pages:53
  • Format:Microsoft Word
(Banking and Finance Project Topics & Materials)






A microfinance institution is a semi formal organization. It can be non government al or community development initiative. It is a subset of flexible structures and system which provide a wide range of financial and saving needs of small scale enterprises in developing countries where top town formal financial institutions have failed to address the credit need off the real sector of the economy.

The Nigeria microfinance institution have come along way,  a central bank study has identified as at 2001, 160 registered microfinance institutions in Nigeria with aggregate savings worth N99.4m and outstanding credit of N649.1m indicating huge business transactions in the business (Anyanwu, 2004). Institutional structures for the provision of micro credit vary and may be government, NGO supported, traditional, or mixture of two or more of these, there are all those that operate on the line of informal models. They are credit and savings association which are based on the traditionally experience, they provides savings and credit services to their members.

Despite the availability of microfinance and the establishment of microfinance institutions in Nigeria, there are yet no established government policies and mechanisms for regulating and supervising activities in the sector (Anyanwu, 2004). In 2000, a national conference on microfinance was organized by the federal government of Nigeria and the world bank recommended that the central bank of Nigeria to take up the responsibility of developing an appropriate Policy as well as regulatory and supervisory frame work for the operation of microfinance institutions. The workshop recognized that the development of appropriate microfinance policy was critical to the development of sustainable microfinance institutions and by implicated through micro enterprises in Nigeria. (CBN, 2001).


The establishment of microfinance banks in Nigeria provide an additional finding source to small and medium scale enterprises on lending basis. This is so because the microfinance banks have grassroots orientation and greater expertise in financing small and medium scale enterprises. But inspite of the prospect of microfinance banks in financing small and medium scale enterprise, they are constraint with myriad of problems ranging from managerial to their inability to properly evaluate loan application and improper credit risk management which has resulted to a high degree of unpaid debt and consequently the closure of so many micro finance bank in the recent past. It is against this that the subject matter is seen as a empirical problem worthy of being investigated.


i.        To  find out the causes of unpaid debt in Gyelesu Microfinance bank.

          ii.       To identify the techniques used in evaluating loan application and

credit management in Gyelesu Microfinance Bank.

iii.              To examine the prospect of Gyelesi Microfinance bank in financing

small and medium scale enterprises.

iv.      To identify the constraint militating against the effect management of Gyelesu micro finance bank and recommend workable solution.


The study would be beneficial to microfinance bank and government agency incharge of microfinance institution and capacity building for small and medium scale enterprises, especially and they utility the finding of this research as basis for policy formulation. The study would also contribute to the existing knowledge on the problem and prospect of microfinance bank in financing small and medium scale enterprises. The study will also be a spring board for further research.


i.        What are the causes of unpaid debt in Gyelesu microfinance bank

ii.       What are the techniques used in evaluating loan application and credit management in Gyelesu micro finance bank.

iii.      What are the prospect of Gyelesu micro finance bank in financing small and medium scale enterprise?

iv.      What are the constraint militating against the effective management  of Gyelesu micro finance bank and how can it be solved?


The study covers the examination of the problems and prospect of Gyelesu micro finance bank scale enterprises. To this end investigation would be made into the prospect of microfinance bank in financing small and medium scale enterprises as well as the problems militating against microfinance bank in financing small  and medium scale enterprises. The study shall cover a time from 2007 to 2011.



For the fact that the study is restricted Gyelesu micro finance and the survey design as well  as questionnaire is  used as the research design as well as instrument of the study, it is no certain if the study is conducted on other area or other design and instrument is used would yield the same result, other constraint arise from the uncooperative attitude of some respondents as well as constraint in access literatures on the subject matter.


Microfinance banks: This are small scale bank  that specializes in giving loans and mobilizing savings from small and medium scale enterprise as well as low income earners.

Small scale enterprise: A firm that is independently owned and operated on a small and which is not dominant in its field of operation.

Medium scale enterprise: A firm that is higher than a small scale but not up to a large scale enterprise. A firm with a total capital employed of not more than N50 million including working capital.

Loans: These are advances giving to individual or lenders by financial institution

Economic Growth: the nations expansion capacity to produce goods and services.

Risk Management: This are precautionary measures taken to prevent default in loan and losses.

Loan Appraisal: This are criteria used in evaluating the loan proposal.


Share This


Type Project
Department Banking and Finance
Project ID BFN0663
Price ₦3,000 ($9)
Chapters 5 Chapters
No of Pages 53 Pages
Format Microsoft Word

Leave a comment...


    Type Project
    Department Banking and Finance
    Project ID BFN0663
    Price ₦3,000 ($9)
    Chapters 5 Chapters
    No of Pages 53 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT This research work, the impact of microfinance bank on agricultural development, the growth of agriculture on any economy is dependent on the access of loan to farmers especially to low income farmers. The main aim of this study is to determine how microfinance institutions have... Continue Reading
    PROBLEMS AND PROSPECTS OF COMMUNITY BANKS IN THE RURAL DEVELOPMENT OF NIGERIA. (A CASE STUDY OF OGUI COMMUNITY BANK, ENUGU SOUTH L. G. A.) ABSTRACT The community banking scheme has been in operation since December 1990, and has to a large extent achieved its objectives as a vehicle for poverty alleviation at the grassroots’ level. With about... Continue Reading
    THE ROLE OF MICROFINANCE BANKS IN THE ALLEVIATION OF   POVERTY IN NIGERIA   ( A Case Study of Oha Microfinance Bank Ogui Road Branch, Enugu State) CHAPTER ONE INTRODUCTION 1.1:      BACKGROND OF THE STUDY A robust economic growth cannot be achieved without putting in place well focused programme to reduce poverty through empowering the... Continue Reading
    ABSTRACT Microfinance banks are banks that provide banking or financial services other than services provided by commercial banks targeted at people living in the rural dwellers. Microfinance banks have able to improve the banking habit of the rural dwellers I,e the degree at which the rural dwellers make use of banking service or patronize banks.... Continue Reading
    ABSTRACT The study examined the impact of micro financing in the informal sector of Nigeria Economy. The study employed descriptive statistic and Ordinary Linear Square (OLS) econometric technique in its empirical estimation. The findings revealed that... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1 Background of the Study Micro and small businesses are believed to be the engine room for the development of any economy because they form the bulk of business activities in a growing economy like that of Nigeria (Ashamu, 2014). Since Nigeria attained independence in 1960, considerable efforts have been directed... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1.      BACKGROUND TO THE STUDY People establish firms to allocate their resource for the purpose of common goal, to earn the profit. To achieve this goal, they also interact with society. On the basis of their motives, organization can be divided into Profit organization, Government organization and Non for Profit... Continue Reading
     INTRODUCTION The Central Bank of Nigeria in December 2005 published regulatory and supervisory framework for the regulation of microfinance banks and mandated all community banks operating in the country to submit to it plans for conversion latest by September 30th, 2006 and to finally convert latest 31stDecember, 2007.   The practice of... Continue Reading
    ABSTRACT Lack of access to credit has negatively affected poor farmers and rural dwellers for many years. Rural people need credit to allow investment in their farms and small businesses, to smooth consumption and to reduce their vulnerability to weather and economic shocks. Because they have little access to formal financing institutions, poor... Continue Reading
    CHAPTER 1      INTRODUCTION 1.1 Background to the Study The development of the various sectors of any economy is the basis for its survival, different measures have been   put in place by the Federal Government of Nigeria in order to achieve this objective, such as, the establishment of  the Finance and Research Institution in 2001, provision... Continue Reading