+234 813 0686 500
+234 809 3423 853
+234 813 0686 500


  • Type: Project
  • Department: Banking and Finance
  • Project ID: BFN0661
  • Price: ₦3,000 ($20)
  • Chapters: 3 Chapters
  • Pages: 33 Pages
  • Format: Microsoft Word
  • Views: 658

For more Info, call us on
+234 8130 686 500
+234 8093 423 853



Title Page

Declaration           -        -        -        -        -        -        -        -        -        -       

Approval page     -        -        -        -        -        -        -        -        -       

Dedication -          -        -        -        -        -        -        -        -        -        -       

Acknowledgement         -        -        -        -        -        -        -        -        -       

Table of Content -        -        -        -        -        -        -        -        -       


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          -        -        -        -        -        -        -       


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      -        -        -       


3.0            Summary, Conclusion and Recommendation      -        -                 

3.1            Summary    -        -        -        -        -        -        -        -                 

3.2            Conclusion -        -        -        -        -        -        -        -                 

3.3            Recommendation -        -        -        -        -        -        -                 

Bibliography        -        -        -        -        -        -        -         


3.4            CHAPTER ONE



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.


The research is means to widen the researcher knowledge about the topic in question and to serve a benefit to the people who wish to know about Micro finance bank in Nigeria. And also to serve as a basic of knowledge to other students who wish to carryout research on the same topic.

In Nigeria Micro finance Bank instructively, the researchers by statistics, (from the National Bureau of Statistics (NBS) in 2004) say that the 65 percent of Nigerians are served by the informal financial sector made by money leaders, friends, relatives and credit unions. There seriousness of the state government to the cause of poor in their meds would be gauged by their willingness to remit one percent of their annual budget to the micro – credit development fund, which return, qualities then to withdraw from the pool to empower their people. It is importance here to look at those factors responsible for the higher poverty incidence in the country, especially in northern Nigeria that in 2004 single member household had 12.6 percent poverty incidence, 2 – 4 members household 39.9 percent poverty incidence, 5 – 9 household 57.9 percent, 10 – 20 member households 73 percent and above 20 member household often have 90.7 percent poverty incidence.

In the areas of education, the NBS disclosed that households headed by those without education, agriculture and forestry had 67 percent poverty incidence while those who live in rural areas contributed 65 percent to poverty in 2004.


The aims and objectives of the study is to investigate into the roles played by Micro finance banks, which actually can not be overemphasized in the development of Nigerian economy especially in the areas of poverty alleviation, which is an identified of moving our economy forward.

Micro finance bank carries out various functions, one, that is granting or provide financial services such as credit, savings, micro insurance, micro leasing and the basic aims of study are to examine the experience of payment services to the poor and low income clients. Economic activities in which the poor and low income clients engage in include farming micro and small enterprise where goods are produced, catering, trading, commerce and housing improvement services.


The study is based on identifying, analyzing and reporting advises to Micro finance bank on how to apply their economic plant in terms of agriculture development and mobilization of savings at the local level has been an importance element for the community development around the world for a longtime. This depends on the role of the Micro finance bank which helps to exploit natural resources and poverty alleviation quantities, qualities of capital. It is a well known fact that the basic function of Micro finance bank is to eradicate poverty among the poor it also benefits on food security and child rent’s education. This research work is to intensively look in to the role of Micro finance bank developing the economy, or not? If they do, do they plan their role in developing the economy? While it is a known fact that no researches work that is exhaustive, it is hoped that at the end of this work, it would be proved that Micro finance bank plays a vital role in the development of our economy (Nigeria).


Due to this topic, our area of concentration will be mainly based on the role of Micro finance bank in the development of Nigeria economy.

In a research work of this nature, there are bond to be factors that act on the contrary. There militating against one’s effort.

Time, which no matter how abundant it is limited, this is one of the factors. The time allowed for research work of this nature is quite short, even though it gives room for supervisor’s day to day consultation.

However, the research work was carried out within Kaduna and some part of Nigeria; therefore, it was administered to a sample of population. This study should be interpreted with caution in the light of fact that a sample can hardly be same as population. The hesitant nature was also a limiting factors in carrying out this research work. The conclusion therefore are based on the readily information provided, but the limitation however does not render research work useless but allows it to used as a basis for decision making and as a basis for further research work.


v INTEREST RATE: - Thisis a percentage that expresses the relations between the interest for a particular period and the principal of a given loan.

v BENEFICIARY: - The last in the series of individual or group who gain from a particular activities.

v DISBURSEMENT: - This is the act of giving or paying out of funds.

v POVERTY: - This is a situation or experience of being poor.

v LOAN: - Leveling a sum of money by a lender to a borrower to be repaid with certain amount of interest.

v SCHEME: - To device a plan specifically having certain motives in mind.

v SECURITY: - This is what is put down as a guarantee by a borrower for the payment of loan.

TAX CLEARANCE: - This is a written testimony of having paid a compulsory contribution levied on persons, individual, and business Inland Revenue Development

For more Info, call us on
+234 8130 686 500
+234 8093 423 853

Share This
  • Type: Project
  • Department: Banking and Finance
  • Project ID: BFN0661
  • Price: ₦3,000 ($20)
  • Chapters: 3 Chapters
  • Pages: 33 Pages
  • Format: Microsoft Word
  • Views: 658
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 3,000 to

Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0003 to


btc wallet
Copy to clipboard Copy text

Leave a comment...


    Type Project
    Department Banking and Finance
    Project ID BFN0661
    Price ₦3,000 ($20)
    Chapters 3 Chapters
    No of Pages 33 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT The research work shows roles of micro-finance banks in the growth of small business in Nigeria. This views the importance of micro-finance to the SMEs, how they tend to help small scale business evolve round the world successfully through loans and other aids. The major aim or objectives of this work is to examine the effectiveness of... Continue Reading
    ABSTRACT The purpose of this project work is to identify and survey the gains of micro finance banking in Nigeria economy. In the process of this work, the researcher worked at the various policy with the development of micro finance... Continue Reading
    ABSTRACT The purpose of this project work is to identify and survey the gains of micro finance banking in Nigeria economy. In the process of this work, the researcher worked at the various policy with the development of micro finance bank in Nigeria economy, sources of micro finance bank, role of micro finance bank and socio-economic life of rural... Continue Reading
    Abstract Poverty connotes deprivations or denials of certain needs, services and denials of all attributes of human development. Poverty crashed the human spirit, three billion people, half the world’s population lives in less human needs. Poverty traps future generation in a vicious cycle with hope or opportunity, in an increasingly globalize... Continue Reading
    A BSTRACT Governments, donors and NGOs have over the years initiated and implemented programmes aimed at empowering women economically and socially. Despite these efforts some challenges still remain. Microfinance as tool for women empowerment has become the main... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE STUDY Robust economic growth cannot be achieved without putting in place well focused programmes to reduce poverty through empowering the people and increasing their access to factors of production, especially credit. The latent capacity of poor for entrepreneurship would be significantly... Continue Reading
    ABSTRACT This study examines the impact of micro finance bank on the development of small scale enterprise (SMEs) in Ekiti State.           The research reviewed at some literature that has some degree of relevance to the subject matter under study. The study shall adopt the stratified random sampling technique and data collection was... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1 BACKGROUND FOR THE STUDY Banks are in the Business of accepting deposit from the public and on lending those funds to borrowers and make profit in return. Banks therefore as a custodian of depositors funds... Continue Reading
    (BRASS MICRO FINANCE BIDA)   ABSTRACT This project work is carried out to examine the contribution of micro finance banks to the development of Small and medium scale enterprises in Nigeria. The Brass micro finance bank is used as a... Continue Reading
    . (A STUDY OF OKO MICRO-FINANCE BANK) 2004-2014 CHAPTER ONE Introduction 1.0  Background to the Study A major development issue facing many developing countries has been the need to reduce the scale and depth of poverty among the growing population. Chandy and Gerts (2011) estimate... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us