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CHAPTER ONE INTRODUCTION 1.0 Background to the Study A Microfinance Institution’s (MFI) main objective is to provide poor and low income households with an affordable source of financial services. Interest charged on loans is the main source of income for…
CHAPTER ONE 1.0 INTRODUCTION There are various sources of finance available for companies. Companies can rise finance by borrowing from financial institution (i.e commercial banks), friends, relative or even suing personal savings. Also finance can be raised by issue of shares.A share…
ABSTRACT Events over the years have shown that investors present and potential wants to invest their funds in anticipation of good future returns investment appraisal techniques and its resultant making of decision is critical to all investors (both institutional and…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Public funds are those funds meant for the public use (Corbally, 1962, Osuntokun, 2003). It involves the financial activities of the government like borrowing, lending, taxing, etc as well as the expenditure…
CHAPTER ONE : INTRODUCTION 1.1 Background of the Study Micro-finance refers to financial services such as cash loans, deposit savings accounts, and insurance made available in relatively small amounts to poorer populations throughout the developing world. Microfinance basically relates to all…
CHAPTER ONE INTRODUCTION BACKGROUND OF STUDY An attempt will be made in this introductory chapter to give a general outline of bad debts in micro finance banks. Schall and Harley (1987) in Anolve (2001) defines finance as a body of…
ABSTRACT The study sought to appraise the effect of interest rate on loan repayment in micro finance institutions. Lapo Micro Finance Bank, a micro-finance institution in Ikot Abasi was used as a case study for the study. The research was…
ABSTRACT The role of microfinance bank in economic growth and development is quite clear and distinct as the agricultural and entrepreneural sector of the Nigerian economy has been improved through numerous Micro Finance banks.The contribution of the micro finance bank…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Local governments form the third tier of government. The aim of creating local government is to decentralized government activities so that local governments which are nearest to the people will enable the…
THE ROLE OF PRIVATE PARTNERSHIP IN HOUSING FINANCE, DELIVERY AND MAINTENANCE IN NIGERIA CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The housing sector plays a more critical role in a nation’s welfare than is always recognized, as…