THE IMPACT OF MICRO-FINANCE BANK TO THE DEVELOPMENT OF ECONOMIC OF THE RURAL OF THE DWELLER


THE IMPACT OF MICRO-FINANCE BANK TO THE DEVELOPMENT OF ECONOMIC OF THE RURAL OF THE DWELLER”. (A CASE STUDY OF OSOGBO MICRO-FINANCE BANK).  

CHAPTER ONE

1.0 INTRODUCTION 

1.1 BACKGROUND TO THE STUDY 

Osogbo microfinance bankers the first micro – finance bank in Osun State commissioned by the former governor Alhaji Isiaka Adeleke on Monday 31th Dec, 1992 at Osogbo Local Government Area of Osun State. The project took off in the country with a mandate from the presidency to improve the lost of people through credit facilities devoid of conventional banking bottle necks and its operating capital boss supplied by unfired community.

This community provides the building for the operation and the management staff a well ass the board and the truster. The idea is that when such collective money is given out as loans, there won’t be much difficult in recovering it back as at when due.

1.2 STATEMENT OF THE STUDY       

During the research, a lot of problems were encounter that is lack of cooperation on the part of osogbo micro-finance bank staff and their customer. Some of the respondents were not frequently turn up for interviews organized by the researchers. Therefore, the researcher has to be punctual in order to get the reliable sources.

On the part of the researchers, Non-Availability of enough time and financial problem created have in the process of writing this project.

1.3 JUSTIFICATION OF THE STUDY 

      The main reason why we study osogbo micro-financial bank us to know the affairs of the bank in the area of how the management from the top lowest level operate in the community.

Also the purpose is to know how far the osogbo micro-finance bank has contributed to the economic well being of the great nation - Nigeria. And to know how effective is micro-finance bank in the area of Agricultural sector.

1.4 OBJECTIVE OF THE STUDY 

The aim of this study will be conferred around the following: 

To reveal the impact of micro-finance banks on rural dwellers and benefit of osogbo micro-finance bank to the people of osogbo and its entire environment

To show the accounts micro-finance bank, and how they have been of help to the Agricultural development.

1.5 STATEMENT OF RESEARCH HYPOTHESIS 

The following hypothesis as a basis of the questions to be answered for the study.

1. NULL HYPOTHESIS: 

Ho: the impact of micro-finance bank   to the development of economic of rural of dweller.

2. NULL HYPOTHEESIS 

Ho: the micro- finance bank performs to the rural area.

1.6 SCOPE OF THE STUDY

With available data on microfinance banking and rural dweller, the case study will focus its attention on the management system of osogbo micro- finance bank, osogbo and suggest wages by which the micro-finance banking system can be improved. 

1.7 ORGANIZATION OF THE STUDY 

The micro-finance banks are being controlled by the following Government agencies:

1. The central bank of Nigeria (CBN) 

2. The micro-finance Bank implementation committed (CBIN) 

3. Also, the Natio0 Board of micro-finance bank.

The organization of osogbo micro-finance bank ass a case of study is well organized manager according to the interview and the questionnaire 

The board of director representation the owner and formal at the polities of the bank. The head of the management terms’ the manager, supported by head of various department and other supporting staff. 

The management execute the policies formulates by the board for the day to day smooth running of the bank.

1.8 LIMITATION OF THE STUDY

With the available data on micro-finance banking and the rural dwellers, the case study will focus its attention on the management system of Osogbo micro-finance and suggest ways by which micro-finance banking system can be improved.

In addition, it will show all the requirement in establishing the micro-finance banks and its control. The research development of the Central Bank was also consulted for verification of information. Other sources of information include annual reports of control banks from 1996 to data and other financial news paper and magazines.

.


TYPE IN YOUR TOPIC AND CLICK SEARCH.






RESEARCHWAP.COM

Researchwap.com is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. Researchwap.com guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.

TESTIMONIES FROM OUR CLIENTS


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.
  • "Researchwap.com is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "researchwap.com" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing researchwap.com.