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The Impact of Microfinance Bank on the Performance of Small Scale Businesses

The Impact of Microfinance Bank on the Performance of Small Scale Businesses

Project / Seminar Material
Reference ID: PS-12318-TM

DEDICATION

This research material titled “The Impact of Microfinance Bank on the Performance of Small Scale Businesses” 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 Impact of Microfinance Bank on the Performance of Small Scale Businesses” 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 Impact of Microfinance Bank on the Performance of Small Scale Businesses

CHAPTER ONE

1.0 Introduction

1.1 An Overview Of The Study


Objectives Of The Study

The general objective of this study is to examine the impact of micro-finance bank on the performance of small scale businesses in Delta State.

The study will be on the performance of small scale industry business in Delta State the specific objectives not necessarily in order of priority are:-

To see how micro finance bank will be the best to encourage banking habit among rural dwellers.

The study also aims at improving the economic status of the small scale producer in the rural areas by giving them more capital.

Also the purpose of this study is to find out how best micro finance bank credit can be used to promote community, performance and the attitude of community or rural dwellers toward the exercise.

To investigate the impact of micro finance bank in community performance.


1.2 Research Questions

A major challenge facing many developing countries especially in Africa, is devising appropriate performance strategies that will capture the financial services required by farmers and small and medium entrepreneurs whose countries constitute about 70% of the population.

Therefore, the researcher wishes to formulate the following questions to guard him.

  1. What impact has micro-finance banks made in the performance of cottage industries in Delta State?
  2. What impact has micro − finance banks made in the performance Agric product in Delta State?
  3. What impact has micro-finance banks made in the performance of trading in Delta State?

1.3 Research Hypothesis

The following hypothesis which are stated in the null and alternative form are to be given a validity test in this research work.

  1. Ho: Microfinance banks have not made meaningful impact in the performance of cottage industries in Delta State.
    Hi: Microfinance banks have made meaningful impact in the performance of cottage industries in Delta State.
  2. Ho: Microfinance banks have not mademeaningful impact in the performance of agric product in Delta State.
    Hi: Microfinance banks have mademeaningful impact in the performance of agric product in Delta State.
  3. Ho: Micro-finance banks has not made in the meaningful impact in the performance of trading Delta State?
    Hi: Micro-finance banks have made in the meaningful impact in the performance of trading Delta State?

1.4 Scope Of Study

The scope of the study shall cover the impact of micro finance banks on small scale business in Delta State metropolis between 2005-2012. The researcher is interested in what micro finance banks have done in the area of cottage industries, agric product and trading in Delta State. However, owing to shortage of literature and financial data, raw data shall be generated from selected small scale business operators in the area of Delta State.


1.5 Significance Of The Study

The significance of this research work cannot be over emphasized as the following are made known.

  1. The impact of microfinance bank in small scale business.
  2. The overview of microfinance bank.
  3. To bring to the knowledge of poor, economically weak and the general public the need for micro credit.
  4. It will also be of much importance to researchers who may wish to carryout on related topics.

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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