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The Impact of Micro-finance Banks on Women Entrepreneurial Development in Metropolis

DOI: 10.5923/j.m2economics.20120103.01

Keywords: Micro Finance, Entrepreneurship, Credit Unions, Poverty

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Abstract:

The series of microfinance programmes and policies were put in place by the government to reduce rate of poverty through empowering people to have increase access to credit facilities. This research tries to evaluate the impact of microfinance banks (MFBs) on women entrepreneurial development in metropolis. Among the objective of this study was to examine the impact of MFBs in contributing towards women economic and financial sustainability. The research problem emerged out of the needs to assess the extent to which MFBs impact on women entrepreneurial development in . Survey method of study was used. Simple percentages were used in data analysis. The study found that women entrepreneurs knew about MFBs existence. The MFBs also impact positively in enhancing socio-economic life of women entrepreneurs in . The study therefore, recommends that MFBs, should come up with appropriate strategies to attract more investors and women participation in entrepreneurial activities should also be encourage for women self reliance and financial sustainability in the society.

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