Proposed Microfinance Bank for Igbo-Ukwu Town Anambra State
Student: Abraham Oluchukwu Okafor (Project, 2025)
Department of Architectural Technology
Auchi Polytechnic, Auchi, Edo State
Abstract
ABSTRACT
Microfinance banks are financial institutions that provide small loans and other financial services to low-income individuals and small businesses. They play an important role in promoting financial inclusion and economic development. Microfinance banks play an important role in providing financial services to low-income individuals and small businesses. They can help to reduce poverty and promote economic development. However, there are a number of challenges involved in constructing microfinance banks. This research work examines the construction of microfinance banks in Nigeria. It identifies the key factors that need to be considered, such as the target market, the regulatory environment, and the financial model. The research work also discusses the challenges that can arise and provides recommendations for overcoming them.
Keywords
For the full publication, please contact the author directly at: oluabrahamokafor@gmail.com
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Institutions
- Novena University, Ogume, Delta State 1
- Nuhu Bamalli Polytechnic, Zaria, Kaduna State 7
- Nwafor Orizu College of Education, Nsugbe, Anambra State 1
- Obafemi Awolowo University, Ile-Ife, Osun State 15
- Oduduwa University, Ipetumodu, Osun State 9
- Ogun State College of Health Technology, Ilese-Ijebu, Ogun State 1
- Ogun State Institute of Tech(formerly Gateway Ict Poly), Igbesa, Ogun State 4
- Olabisi Onabanjo University, Ago-Iwoye, Ogun State 38
- Ondo State University of Medical Sciences, Laje Road, Ondo, Ondo State 1
- Osun State College of Education, Ila-Orangun 1