Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Determining Sustainable Strategies for Directors of Microfinance Bank in Nigeria

Determining Sustainable Strategies for Directors of Microfinance Bank in Nigeria

Diete-Spiff, Josephine Aruoriwo

Paperback

Management

ISBN13: 9798326192868
Publisher: Independently Published
Published: May 20 2024
Pages: 122
Weight: 0.66
Height: 0.26 Width: 8.50 Depth: 11.00
Language: English
The purpose of this study is to create a source document on microfinance strategies for managing directors in the microfinance banks to maintain sustainability in the microfinance business. Muhammad Yunus of Bangladesh, the founder of the Grameen Bank and author of the book Banker to the Poor, established the microfinance banks (MFB) in 1976 (Ault & Spicer, 2013). Microfinancing indicates the inclusion of the working poor in financial services distribution to have access to funding without collateral and to improve the welfare of the family (Ault & Spicer, 2013). The improvement of family welfare creates positive social and economic development in the polity, which gave rise to the decision to incorporate microfinance into the economic system of Nigeria (Abraham & Balogun, 2012).

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