Download this complete Banking and Finance Project material titled; The Effect Of Interest Rate On Loan Repayment In Micro Finance Banks In Nigeria with abstract, chapter 1-5, references and questionnaire. Preview chapter one below

  • Format: PDF and MS Word (DOC)
  • pages = 54

 5,000

somdn_product_page

The Effect Of Interest Rate On Loan Repayment In Micro Finance Banks In Nigeria

abstract of The Effect Of Interest Rate On Loan Repayment In Micro Finance Banks In Nigeria

The study sought to appraise the effect of interest rate on loan repayment in microfinance institutions. Stanford Micro Finance Bank, a microfinance institution in uyo was used as a case study for the study. The research was conducted using questionnaires and interviews. In all 100 customers and 20 employees were sampled for the research. The SPSS software was used to analyse the data for the research. A systematic random sampling was used for the data collection. The findings of the research revealed that though interest rate plays a major role in loan repayment, other factors such as loan term and the repayment frequency also influence to a large extent the loan repayment. Customers indicated that though lower interest rate would enhance loan repayment, the issue of accessibility and availability of funds was paramount. To enhance loan repayment, the researcher recommends lower interest rate to ease loan repayment burden and loans granted should be amounts that customers can service. Again, micro-insurance could be established to protect the Institution and customers against any default

GET COMPLETE PROJECT MATERIAL (FILE)s NOW! >>>

See more Banking and Finance project topics here

DOWNLOAD COMPLETE WORK
DISCLAIMER:
  • For Reference Only: Materials are for research, citation, and idea generation purposes and not for submission as your original final year project work.
  • Avoid Plagiarism: Do not copy or submit this content as your own project. Doing so may result in academic consequences.
  • Use as a Framework: This complete project research material should guide the development of your own final year project work.
  • Academic Access: This platform is designed to reduce the stress of visiting school libraries by providing easy access to research materials.
  • Institutional Support: Tertiary institutions encourage the review of previous academic works such as journals and theses.
  • Open Education: The site is maintained through paid subscriptions to continue offering open access educational resources.
//
Welcome! My name is Damaris I am online and ready to help you via WhatsApp chat. Let me know if you need my assistance.