Financing of Micro and Small Scale Enterprises and Poverty Reduction in Nigeria: An Empirical Investigation

dc.contributor.authorIyere, Samuel Iheonkhan
dc.contributor.authorSam, Tende B.A.
dc.date.accessioned2023-12-10T17:37:54Z
dc.date.available2023-12-10T17:37:54Z
dc.date.issued2011-07-15
dc.description.abstractThe establishment of microfinance banks in Nigeria was to assist small and medium scale enterprises in Nigeria in raising their productive capacity and level of employment generation, thus alleviating poverty and enhancing human capital development. The objective of this paper therefore was to examine extent of the contribution of Microfinance Institutions (MFIs) to poverty alleviation and sustainable development. Data were collected from randomly selected sample size of sixty (6o) members and non-members of MFIs inTaraba State.The data was analyzed using frequency and regression analysis at 0 =0.05 aided with the use of SPSS statistical package. The results of the analysis revealed that shows microfinance Institutions (MFIs) has significant effect on poverty alleviation and sustainable development. The paper also established that micro-finance is indeed a strategy for poverty reduction. It was recommended that Microfinance can be more viable strategy for sustainable poverty alleviation if more is to be done on programme outreach and depth.en_US
dc.identifier.citationAnyanwu, C.G. (1997): Poverty in Nigeria: Economic Society Annual Conference. Asaolu, T.O. (2001): Financing Small Scale Enterprises in Ondo State of Nigeria. Unpublished M.Phil Thesis, Ile-Ife: Obafemi Awolowo University. Besley, T. (1992). //aw Do Market Failures Justify Interventions In Rural Credit Markets? World Bank Research Observer, 9(l),pp. 27-47. Besley, T. (1996): Political Economy of Alleviating Poverty: Annual World Bank Conference on Development Economic. Bruno, Mickeal, Lyn S. and Ravallion, M. (1995): ... “Equity and Growth in Developing Countries Old and New Perspectives” Policy Research Working Paper 1963. World Bank Washington D.C. CBN, (2001): Economic Financial Reviewen_US
dc.identifier.urihttps://keffi.nsuk.edu.ng/handle/20.500.14448/564
dc.language.isoenen_US
dc.publisherDepartment of Accounting, Faculty Of Administration, Nasarawa State University, Keffien_US
dc.subjectFinancing; Micro and Small Scale Enterprises; Poverty Reduction; Nigeria; Empirical Investigationen_US
dc.titleFinancing of Micro and Small Scale Enterprises and Poverty Reduction in Nigeria: An Empirical Investigationen_US
dc.typeArticleen_US

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