Browsing by Author "Jibril, Mohammed Shaibu"

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    Does Institutional Microfinance Credit Alleviate Rural Poverty?
    (Department Of Ecnomics, Nasarawa State University, Keffi, 2012-02-04) Jibril, Mohammed Shaibu
    This study investigated the impact of institutional microfinance credit on the poverty level of borrowers from five selected microfinance banks located in selected five local government areas (Giwa, Makarfi, Kudan and Zaria) of Kaduna state using field survey. The results indicated that change in average monthly income takes the lead in the impact of loan on the borrowers' businesses at 45.6% in the study area. Also, a sizeable percentage of the sample borrowers were able to pay children school fees (28.8%), able to feed their family (20.8%), built a small house (13.5%), accumulate personal savings (11.6%), afford hospital bills (10%), acquired bicycle, motor-cycle or car (5.2%), started small business (5.2%), changed from pit latrine to lavatory (3.6%). Again, this is significant for poverty alleviation.