The Impact of Micro Finance Bank in Eradicating Poverty in Rural Area (A Case Study of Gaa Akanbi Micro Finance Bank)

TABLE OF CONTENT

Title page                                                              i

Certification                                                           ii

Dedication                                                             iii

Acknowledgement                                                  iv

Table of content                                                     v

CHAPTER ONE

1.1       Introduction

1.2       Statement of the problem

1.3       Research Questions

1.4       Objective of the Study

1.5       Research Hypothesis

1.6       Significance of the study

1.7       Scope of the study

1.8       Definition of Terms

1.9       Plan of the Study

CHAPTER TWO

2.1    LITERATURE REVIEW

CHAPTER THREE

METHODOLOGY

3.1    Sources of Data

3.2    Population of the study

3.3    Sample of Size

3.4    Method of Data Collection (Instrument)

3.5    Method of Data Analysis

3.6    Limitation to Methodology (Options)

CHAPTER FOUR

4.1    DATA PRESENTATION, ANALYSIS AND INTERPRETATION

CHAPTER FIVE

5.1    Summary of Finding

5.2    Conclusion

5.3    Recommendation

References

CHAPTER ONE

INTRODUCTION

1.1   BACKGROUND INFORMATION ABOUT THE STUDY

According to Banda M. (2002) Micro Finance is about Providing Financial Services to the poor who are traditionally not served by the conventional financial institution. In Nigeria. The formal financial system provides services about 35% of economically active population while the remaining 65% are executed from the access to financial services. The small and medium scale enterprises falls among the 65% who are not catered for finally. The finance need of most of these small and medium scale enterprises are catered for the informal financial sector via non – governmental organization (N.G.O) friend money, other relatives as well as credit union.

In order to enhance financial flow to the poor Nigerians who want to start – up a small and medium scale business, the government has in the past initiative a series of public finance micro – credit programme and policies targeted at the poor. Some of such programme well Agricultural Credit Guarantee Scheme (ACGS). People Bank of Nigeria (PBN), Community Bank (CB), Non – Micro finance bank etc. All these are aimed at empowering Nigeria and local productions.