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
- UMA UKPAI SCHOOL OF THEOLOGY, UYO, AKWA IBOM STATE (AFFL TO UNIVERSITY OF UYO) 1
- Umaru Ali Shinkafi Polytechnic, Sokoto, Sokoto State 24
- Umaru Musa Yaradua University, Katsina, Katsina State 28
- Umca, Ilorin (Affiliated To University of Ibadan), Kwara State 1
- University of Abuja, Abuja, Fct 117
- University of Africa, Toru-Orua, Bayelsa State 4
- University of Benin, Benin City, Edo State 362
- University of Calabar Teaching Hospital School of Health Information Mgt. 1
- University of Calabar, Calabar, Cross River State 240
- University of Ibadan, Ibadan, Oyo State 14