Thesis Abstract

Abstract
The study aims to investigate the impact of microcredit schemes on poverty alleviation policies in Nigeria, focusing on small and medium-scale entrepreneurs in Ifako Ijaye Local Government Area of Lagos State. Poverty remains a significant challenge in Nigeria, particularly among the economically disadvantaged population. Microcredit schemes are considered a vital tool in poverty alleviation efforts by providing financial services to those who are unable to access traditional banking systems. This research will employ a case study approach to examine the specific effects of microcredit schemes on poverty alleviation within the context of Ifako Ijaye Local Government Area. The study will utilize both qualitative and quantitative research methods to collect and analyze data. Qualitative methods such as interviews and focus group discussions will be used to gather insights into the experiences and perspectives of small and medium-scale entrepreneurs who have utilized microcredit services. On the other hand, quantitative data will be gathered through surveys to assess the impact of microcredit schemes on poverty levels, income generation, and overall economic well-being of the beneficiaries. The research will explore various dimensions of the microcredit schemes, including interest rates, repayment terms, loan sizes, and the overall accessibility of these services to the target population. By examining these factors, the study aims to provide a comprehensive understanding of the effectiveness of microcredit schemes in reducing poverty and promoting economic empowerment among small and medium-scale entrepreneurs in Ifako Ijaye Local Government Area. The findings of this study are expected to contribute to the existing literature on microcredit and poverty alleviation in Nigeria. The research will provide insights into the challenges and opportunities faced by small and medium-scale entrepreneurs in accessing microcredit services, as well as the potential impact of these services on poverty levels in the study area. The results of this study may inform policymakers, practitioners, and other stakeholders involved in poverty alleviation efforts, guiding the development of more effective strategies to address poverty and promote sustainable economic development in Nigeria.

Thesis Overview