What is it about?
This study investigated the role of Microfinance Banks on employment generation in Karu Local Government Area (L.G.A) of Nasarawa State, Nigeria
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Why is it important?
There is an increasing body of literature investigating the role of MFBs on employment generation in the grassroots of countries but as far as Nigeria is concerned, no thought-provoking effort has been made so far to empirically appreciate the role of MFBs on employment generation with emphasis in the grassroots. This study is meant to bridge the gap in the literature as far as the role of MFBs on employment generation in the grassroots is concerned.
Perspectives
The grassroots play important roles in the development of the Nigerian economy. They are dominated by almost 80 percent of the world's extreme poor who depends on agriculture for livelihood. It is a major source of agricultural commodities for matching urban demand. It is the contention of this study that the role of the grass root people in agriculture, which is mainly grass root based, and the magnitude of poverty and unemployment in the economy makes it pivotal for microfinance interventions. This ensures that the grassroots will be strategic to the attainment of the Green Initiative of the Federal Government of Nigeria.
Uchechukwu Innocent Duru
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This page is a summary of: The Role of Microfinance Banks on Employment Generation in the Grassroots: Evidence from Karu Local Government Area of Nasarawa State, Nigeria, Asian Journal of Economics Business and Accounting, January 2017, Sciencedomain International,
DOI: 10.9734/ajeba/2017/35325.
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