An Assessment of the Role of Microfinance Banks in ntrepreneurial Development in Selected Rural areas in Kwara State
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Date
2012
Authors
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Journal ISSN
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Publisher
Department of Business Administration, Adekunle Ajasin University, Akungba Akoko, Ondo State, Nigeria
Abstract
The concept of microfinance is not a new phenomenon; as it has operated for centuries in many forms in various economies of the world. The objective of this is to assess the role of Microfinance banks in relation to entrepreneurship development in rural areas of Kwara State. 300 copies of otructured questionnaire were randomly distributed to selected respondents in rural areas of Kwara state; this was analysis with the use of Regression techniques. The findings Indicate that there is an impact of microfinance on the development of entrepreneurship in selected rural areas of kwara state. The study therefore recommends that: practitioners :n the microfinance industry must appreciate that financial sustainability important for cash flow requirements of the entrepreneur in the rural areas.
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Keywords
Microfinance, Entrepreneur, Rural, Development
Citation
Sulu, S.B. et al