The Effect of MicroFinance Bank on Entrepreneurship Development

The Effect of Micro-Finance Bank on Entrepreneurship Development

Project / Seminar Material
Reference ID: PS-14974-TM

DEDICATION

This research material titled “The Effect of Micro-Finance Bank on Entrepreneurship Development” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Finance, Book Authors and Profound Scholars of existing or related project material on “The Effect of Micro-Finance Bank on Entrepreneurship Development” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

The Effect of Micro-Finance Bank on Entrepreneurship Development

CHAPTER ONE

Introduction

1.1 Background To The Study

Entrepreneurship first and foremost is the act of being an entrepreneur, while entrepreneur is a person who create and innovate to establish something of recognized value round perceived opportunities. An entrepreneur is a person of very high aptitude who pioneers change, organizes production process. An entrepreneur engage in wealth creation, financing, therefore, is needed to carry-out these functions effectively.

Micro-finance Institution is a financial institution that provides financial services to low income client or the self –employed. It is the entire flexible structure and processes by which financial services are delivered to micro- entrepreneur as well as poor or low income population in a sustainable basis. Micro- finance can be seen as a supply of loan, saving and other financial services in a sustainable manner that the poor household will have access to financial services.

There is no doubt that our banks and other financial institution occupy strategic position in the operation of our economic system .The importance of these banks and other financial institution are so encompassing that one may not imagine the working of the economic system without them.

No wonder the government is always sensitive to the happening in this important sector. Thus in operating our economic system, banks and other financial institution plays may important roles in the development of the entrepreneur, such as important role include giving out loans, managing investments, giving financial advise such as use to finds and providing safety for investment.

1.1 Statement Of The Problem

Financing SMEs is considered by many capital by many capital & provider as a risky venture due to high transaction costs and low returns, and going concern of the business especially in the early stages. Despite this finance remains a strategic resource.

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CHAPTER TWO

2.0 Literature Review

2.1 Introduction

This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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