AN INVESTIGATION OF THE CONTRIBUTIONS OF MICROFINANCE BANKING INSTITUTION TO CAPITAL FORMATION IN NIGERIA (1992-2014))


  • Department: Economics
  • Project ID: ECO0673
  • Access Fee: ₦5,000
  • Pages: 76 Pages
  • Reference: YES
  • Format: Microsoft Word
  • Views: 1,030
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ABSTRACT
This research study concerns itself basically with the investigation with microfinance bank institution to capital formation in Nigeria, in analyzing this research study, unitary test was adopted and the instrument used for obtaining the data is secondary data from CBN statistical bulletin. The information collected from the secondary data, helps the researcher to analyse how micro-finance bank work and meet the expectation of the government and the people. Having the dependent variable as gross fixed capital formation testing the strength of independent variables inflation, loans and advances and interest rate which shows 65 percent change in the dependent variable. The researcher therefore went ahead to recommend that the importation of goods which can be produced in Nigeria should be banned as this will give our indigenous investors the zeal and challenge to do more exploits in research. Finally the researcher therefore concluded that financial support to micro-businesses, small and medium scale industries SMIS in developing countries like Nigeria.

TABLE OF CONTENT
Title Page i
Approval Page ii
Dedication iii
Acknowledgement iv
Abstract vi
Table of content vii

CHAPTER ONE: INTRODUCTION
Background of the study 1
Statement of the problem 3
Objectives of the study 4
Research questions 5
Hypothesis formulation 5
Significances of the study 7
Scope of the study 8
Limitation of the study 8
Organisation of the study 9
Definition of terms 10

CHAPTER TWO
Literature review 12
Introduction 12
Background of the study 13
Overview of microfinance activities in Nigeria 16
Justification for the establishment of microfinance bank 18
Operational guideline for microfinance institution 27
Evaluation of microfinance bank 28
Evaluation of microfinance banks in other countries 35
Improving microfinance banking in Nigeria 39
The contribution of microfinance banking to capital formation
in Nigeria 44
Effective credit supply of microfinance 59

CHAPTER THREE
Research design 68
Overview 68
The model 69
Specification of variable 70
Economic apriori 71
Evaluation techniques 71
Econometrics 72

CHAPTER FOUR
Presentation and analysis of result 74
Battery test 74
Presentation and interpretation of result 74
Economic apriori criteria 78
Statistical criteria (first order test) 79
Econometric criteria 83

CHAPTER FIVE
Summary 89
Conclusion 92
Recommendation 94
Bibliography
Appendix
  • Department: Economics
  • Project ID: ECO0673
  • Access Fee: ₦5,000
  • Pages: 76 Pages
  • Reference: YES
  • Format: Microsoft Word
  • Views: 1,030
Get this Project Materials
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