A CRITICAL ASSESSMENT OF MICRO FINANCE BANKS AND THEIR CONTRIBUTION TO THE DEVELOPMENT

A CRITICAL ASSESSMENT OF MICRO FINANCE BANKS AND THEIR CONTRIBUTION TO THE DEVELOPMENT OF SMALL SCALE ENTERPRISES IN NIGERIA

ABSTRACT 
This project work is carried out to examine the contribution of micro finance banks to the development of Small and medium scale enterprises in Nigeria. The Brass micro finance bank is used as a case study. Data were collected through a well structured questionnaire and the information elicited from the respondents were analyzed through tabular presentation of data, frequency distribution and percentages. The findings revealed that Microfinance banks have contributed immensely to the development of small scale business in Nigeria and most especially Small Business Ventures. However, it was discovered that the small scale businesses are beset with myriads of problems which can be solved through an improvement in the service of Micro finance banks by the government.

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