- The Complete Research Material is averagely 53 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
A microfinance institution is a semi formal organization. It can be non government al or community development initiative. It is a subset of flexible structures and system which provide a wide range of financial and saving needs of small scale enterprises in developing countries where top town formal financial institutions have failed to address the credit need off the real sector of the economy.
The Nigeria microfinance institution have come along way, a central bank study has identified as at 2001, 160 registered microfinance institutions in Nigeria with aggregate savings worth N99.4m and outstanding credit of N649.1m indicating huge business transactions in the business (Anyanwu, 2004). Institutional structures for the provision of micro credit vary and may be government, NGO supported, traditional, or mixture of two or more of these, there are all those that operate on the line of informal models. They are credit and savings association which are based on the traditionally experience, they provides savings and credit services to their members.
Despite the availability of microfinance and the establishment of microfinance institutions in Nigeria, there are yet no established government policies and mechanisms for regulating and supervising activities in the sector (Anyanwu, 2004). In 2000, a national conference on microfinance was organized by the federal government of Nigeria and the world bank recommended that the central bank of Nigeria to take up the responsibility of developing an appropriate Policy as well as regulatory and supervisory frame work for the operation of microfinance institutions. The workshop recognized that the development of appropriate microfinance policy was critical to the development of sustainable microfinance institutions and by implicated through micro enterprises in Nigeria. (CBN, 2001).
1.2 STATEMENT OF THE PROBLEM
The establishment of microfinance banks in Nigeria provide an additional finding source to small and medium scale enterprises on lending basis. This is so because the microfinance banks have grassroots orientation and greater expertise in financing small and medium scale enterprises. But inspite of the prospect of microfinance banks in financing small and medium scale enterprise, they are constraint with myriad of problems ranging from managerial to their inability to properly evaluate loan application and improper credit risk management which has resulted to a high degree of unpaid debt and consequently the closure of so many micro finance bank in the recent past. It is against this that the subject matter is seen as a empirical problem worthy of being investigated.
1.3 OBJECTIVES OF THE STUDY
i. To find out the causes of unpaid debt in Gyelesu Microfinance bank.
ii. To identify the techniques used in evaluating loan application and
credit management in Gyelesu Microfinance Bank.
iii. To examine the prospect of Gyelesi Microfinance bank in financing
small and medium scale enterprises.
iv. To identify the constraint militating against the effect management of Gyelesu micro finance bank and recommend workable solution.
1.4 SIGNIFICANCE OF THE STUDY
The study would be beneficial to microfinance bank and government agency incharge of microfinance institution and capacity building for small and medium scale enterprises, especially and they utility the finding of this research as basis for policy formulation. The study would also contribute to the existing knowledge on the problem and prospect of microfinance bank in financing small and medium scale enterprises. The study will also be a spring board for further research.
1.5 RESEARCH QQUESTIONS
i. What are the causes of unpaid debt in Gyelesu microfinance bank
ii. What are the techniques used in evaluating loan application and credit management in Gyelesu micro finance bank.
iii. What are the prospect of Gyelesu micro finance bank in financing small and medium scale enterprise?
iv. What are the constraint militating against the effective management of Gyelesu micro finance bank and how can it be solved?
1.6 SCOPE OF THE STUDY
The study covers the examination of the problems and prospect of Gyelesu micro finance bank scale enterprises. To this end investigation would be made into the prospect of microfinance bank in financing small and medium scale enterprises as well as the problems militating against microfinance bank in financing small and medium scale enterprises. The study shall cover a time from 2007 to 2011.
1.7 LIMITATION OF THE STUDY
For the fact that the study is restricted Gyelesu micro finance and the survey design as well as questionnaire is used as the research design as well as instrument of the study, it is no certain if the study is conducted on other area or other design and instrument is used would yield the same result, other constraint arise from the uncooperative attitude of some respondents as well as constraint in access literatures on the subject matter.
1.8 DEFINITION OF KEY TERMS
Microfinance banks: This are small scale bank that specializes in giving loans and mobilizing savings from small and medium scale enterprise as well as low income earners.
Small scale enterprise: A firm that is independently owned and operated on a small and which is not dominant in its field of operation.
Medium scale enterprise: A firm that is higher than a small scale but not up to a large scale enterprise. A firm with a total capital employed of not more than N50 million including working capital.
Loans: These are advances giving to individual or lenders by financial institution
Economic Growth: the nations expansion capacity to produce goods and services.
Risk Management: This are precautionary measures taken to prevent default in loan and losses.
Loan Appraisal: This are criteria used in evaluating the loan proposal.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR BANKING FINANCE FINAL YEAR PROJECT RESEARCH TOPICS
-
1. ENHANCING THE EFFECTIVENESS OF MONETARY POLICY IN COMBATING INFLATIONARY PRESSURES: PROBLEMS, PROSPECTS AND REMEDIES
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Monetary policy entails the government policies aimed at changing the quantity of money or credit...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
2. DEPOSIT MONEY BANK LENDING AND THE GROWTH OF THE PRIVATE SECTOR IN NIGERIA
» TABLE OF CONTENTS Title Page Title Page i Declaration ii Certification iii Dedication iv Acknowledgement v Table of Contents vii List of Tables x Abst...Continue Reading »Item Type & Format: Project Material - Ms Word | 76 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
3. THE EFFECT OF MONETARY POLICY ON THE FINANCE OF FOREIGN TRADE
» ABSTRACTThe purpose of this study is to determine the impact of monetary policy on foreign trade financing. To do this data were collected from both p...Continue Reading »Item Type & Format: Project Material - Ms Word | 57 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
4. THE EFFECTS OF COMPUTERIZED ACCOUNTING SYSTEM ON THE PERFORMANCE OF BANKING INDUSTRY IN NIGERIA (STUDY OF SELECTED BANKS IN ENUGU METROPOLICS)
» ABSTRACT The research topic of this study is “The Effect of Computerized Accounting System on the Performance of in Banking Industry – a s...Continue Reading »Item Type & Format: Project Material - Ms Word | 114 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
5. THE EFFECT OF INTERNAL CONTROLS ON REVENUE GENERATION: A CASE STUDY OF THE UNIVERSITY OF NAIROBI ENTERPRISE AND SERVICES LIMITED
» CHAPTER ONEINTRODUCTION1.1 Background to the StudyThe rapidly changing economic and competitive environments, shifting customer demands and priorities...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
6. CORPORATE GOVERNANCE AND ITS RELATIONSHIP WITH DIVIDEND POLICIES OF BANKS IN NIGERIAN CAPITAL MARKET
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The concept of corporate governance is one of the issues that have attracted the attention of res...Continue Reading »Item Type & Format: Project Material - Ms Word | 63 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
7. IMPACT OF COMPUTERISATION IN BANKING SECTOR: A CASE STUDY OF SELECTED COMMERCIAL BANK IN ABUJA UBA
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF STUDY Today’s business environment is very dynamic and undergoes rapid changes as a result of technol...Continue Reading »Item Type & Format: Project Material - Ms Word | 50 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
8. THE EFFECT OF INTEREST RATE ON LOAN RECOVERY OF DEPOSIT MONEY BANK (A CASE STUDY OF FIRST BANK NIGERIA PLC)
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF STUDY Greater prominence have been said to be associated with banking industry in Nigeria because of th...Continue Reading »Item Type & Format: Project Material - Ms Word | 69 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
9. IMPACT OF PERSONNEL OUTSOURCING DECISION ON ORGANIZATIONAL PERFORMANCE OF BANK (A CASE STUDY OF STANBIC IBTC PLC)
» ABSTRACT Organizations are more competitive these days .To maintain competitive position, Firms are developing new strategies and introducing new tech...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
10. EVALUATION OF BANK LENDING PRACTICES AND CREDIT MANAGEMENT IN NIGERIA (A CASE STUDY OF FIRST BANK, CALABAR)
» ABSTRACT The recapitalization of the banking sector in Nigeria since 2005 has brought about a total change in commercial bank lending behavior and cre...Continue Reading »Item Type & Format: Project Material - Ms Word | 70 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT