Microfinance Banks And The Informal Sector Of The Nigeria Economy: A Performance Evaluation

ABSTRACTThe study examined the impact of micro financing in the informal sector of Nigeria Economy. The study employed descriptive statistic and Ordinary Linear Square (OLS) econometric technique in its empirical estimation. The findings revealed that microfinance institution had a weak impact on the informal sector in Nigeria particularly in the agricultural sector  but a marked positive impact on the  transport and other commercial during the period of study. The study recommends amongst others; the adoption of flexible policies by microfinance institutions so as to accommodate the…