The Impact Of Micro Financial Institutions On The Growth On Small And Medium Scale Business

50 pages Chapters 5 ID: ECO0113

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DepartmentEconomics
TypeProject
Pages50
Chapters5
FormatMS Word & PDF
Reference No.ECO0113

Abstract

CHAPTER ONE 1.1  BACKGROUND OF THE STUDY Microfinance constitute the facilitation  of financial services to meet  the needs of low income individuals  such as micro-entrepreneurs, through  the provision of small loans (microloans), small savings deposits (micro-savings), micro-insurance and enhancing simple payments services required by micro-entrepreneurs and  economically active poor people who cannot gain access to    financial services provided by the formal banking sector.(USAID, 2000). The loans provided are small in amount and directed for entrepreneurial ventures. The loans are colla…

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