Thesis Abstract

Abstract
This research study explores the impact of microfinance banks on the performance of small-scale businesses. Microfinance banks have been recognized as essential financial institutions that provide financial services to individuals, particularly in developing countries. Small-scale businesses play a crucial role in the economic development of these countries, and access to financial services is vital for their growth and sustainability. The study aims to investigate how microfinance banks influence the performance of small-scale businesses by providing them with access to credit, savings, and other financial services. The research methodology includes a combination of qualitative and quantitative approaches to gather data and analyze the impact of microfinance banks on small-scale businesses. Data will be collected through surveys, interviews, and analysis of financial records from both microfinance banks and small-scale businesses. The study will focus on factors such as loan repayment rates, business growth, profitability, and overall business performance to measure the impact of microfinance banks. The findings of this study are expected to provide valuable insights into the role of microfinance banks in supporting small-scale businesses and promoting economic development. By understanding how microfinance banks contribute to the performance of small-scale businesses, policymakers, financial institutions, and other stakeholders can develop strategies to enhance the effectiveness of microfinance services and support the growth of small businesses. The research will also contribute to the existing literature on microfinance and small business development by providing empirical evidence of the impact of microfinance banks on business performance. Overall, this research study aims to contribute to the ongoing discussion on the role of microfinance banks in promoting financial inclusion and supporting small-scale businesses. By examining the impact of microfinance banks on business performance, this study seeks to highlight the importance of financial services for small businesses and provide recommendations for improving access to microfinance services. The findings of this research are expected to be valuable for policymakers, financial institutions, and researchers interested in microfinance, small business development, and economic growth.

Thesis Overview

1.0 INTRODUCTION

1.1   AN OVERVIEW OF THE STUDY

The general objective of this study is to examine the impact of micro-finance bank on the performance of small scale businesses in Delta State.
The study will be on the performance of small scale industry business in Delta State the specific objectives not necessarily in order of priority are:-

A major challenge facing many developing countries especially in Africa, is devising appropriate performance strategies that will capture the financial services required by farmers and small and medium entrepreneurs whose countries constitute about 70% of the population.
Therefore, the researcher wishes to formulate the following questions to guard him.

1. What impact has micro-finance banks made in the performance of cottage industries in Delta State?
2. What impact has micro –finance banks made in the performance Agric product in Delta State?
3. What impact has micro-finance banks made in the performance of trading in Delta State?

 RESEARCH HYPOTHESIS

The following hypothesis which are stated in the null and alternative form are to be given a validity test in this research work.
Ho:   Microfinance banks have not made meaningful impact in the performance of cottage industries in Delta State.
Hi:    Microfinance banks have made meaningful impact in the performance of cottage industries in Delta State.
Ho:   Microfinance banks have not mademeaningful impact in the performance of agric product in Delta State.
Hi:    Microfinance banks have mademeaningful impact in the performance of agric product in Delta State.
Ho:  Micro-finance banks has not made in the meaningful impact in the performance of trading Delta State?
Hi:    Micro-finance banks have made in the meaningful impact in the performance of trading Delta State?

1. 1.  SCOPE OF STUDY

The scope of the study shall cover the impact of micro finance banks on small scale business in Delta State metropolis between 2005-2012.  The researcher is interested in what micro finance banks have done in the area of cottage industries, agric product and trading in Delta State. However, owing to shortage of literature and financial data, raw data shall be generated from selected small scale business operators in the area of Delta State.

1. 1. SIGNIFICANCE OF THE STUDY

   The significance of this research work cannot be over emphasized as the following are made known.

1. The impact of microfinance bank in small scale business.
2. The overview of microfinance bank.
3. To bring to the knowledge of poor, economically weak and the general public the need for micro credit.
4. It will also be of much importance to researchers who may wish to carryout on related topics.