ASSESSMENT OF MICRO FINANCE BANK ON POVERTY ALLEVIATION IN NIGERIA
Abstract : This study is focused on the identification of critical factors that cause poverty in Nigeria and the investigation of the extent to which microfinance institutions have helped in the alleviation of poverty. To identify the critical factors, the researcher adapts the data on reasons for poverty generated by National Bureau of Statistics and employed the method of factor analysis. For the purpose of investigating the contribution made by the microfinance institutions in poverty reduction, the researcher uses the method of chi-square analysis which is found to be most appropriate in explaining the variations between the two variables.