The Impact Of Microfinance Bank In Poverty Reduction

   The Impact Of Microfinance Bank In Poverty Reduction ABSTRACT This work examined the impact of microfinance bank in poverty reduction using Cosmopolitan microfinance bank as a case study.  A cross sectional data was used to carry out this impact analysis.   The ordinary least squares result revealed that savings is the only major determinant of income level in Port Harcourt community.  Even though Cosmopolitan microfinance bank does not extend financial services as a result of high interest rates on borrowing and other impediments inherent in the activities of cosmopolitan microfinance …