The effect of interest rate on loan repayment in micro finance banks in nigeria

 

Table Of Contents


Chapter ONE

INTRODUCTION

  • 1.1Introduction
  • 1.2Background of Study
  • 1.3Problem Statement
  • 1.4Objective of Study
  • 1.5Limitation of Study
  • 1.6Scope of Study
  • 1.7Significance of Study
  • 1.8Structure of the Research
  • 1.9Definition of Terms

Chapter TWO

LITERATURE REVIEW

  • 2.1Overview of Microfinance Banks
  • 2.2Concept of Interest Rate
  • 2.3Loan Repayment in Microfinance Banks
  • 2.4Factors Influencing Loan Repayment
  • 2.5Impact of Interest Rate on Loan Repayment
  • 2.6Role of Regulatory Bodies in Microfinance
  • 2.7Previous Studies on Interest Rate and Loan Repayment
  • 2.8Theoretical Framework
  • 2.9Empirical Literature Review
  • 2.10Summary of Literature Review

Chapter THREE

RESEARCH METHODOLOGY

  • 3.1Research Design
  • 3.2Population and Sample Size
  • 3.3Data Collection Methods
  • 3.4Data Analysis Techniques
  • 3.5Research Variables
  • 3.6Research Instruments
  • 3.7Ethical Considerations
  • 3.8Limitations of the Research Methodology

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • 4.1Data Analysis and Interpretation
  • 4.2Descriptive Statistics
  • 4.3Correlation Analysis
  • 4.4Regression Analysis
  • 4.5Hypothesis Testing
  • 4.6Discussion of Findings
  • 4.7Comparison with Existing Literature
  • 4.8Implications for Microfinance Banks

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • 5.1Summary of Findings
  • 5.2Conclusion
  • 5.3Recommendations
  • 5.4Areas for Future Research
  • 5.5Contribution to Knowledge
  • 5.6Reflection on Research Process
  • 5.7Practical Implications
  • 5.8Conclusion Statement

Project Abstract

<p> </p><div><p>The study sought to appraise the effect of interest rate on loan repayment in microfinance institutions. Lapo Micro Finance Bank, a microfinance institution in Ikot Abasi was used as a case study for the study. The research was conducted using questionnaires and interviews. In all 100 customers and 20 employees were sampled for the research. A systematic random sampling was used for the data collection. The findings of the research revealed that though interest rate plays a major role in loan repayment, other factors such as loan term and the repayment frequency also influence to a large extent the loan repayment. Customers indicated that though lower interest rate would enhance loan repayment, the issue of accessibility and availability of funds was paramount. To enhance loan repayment, the researcher recommends lower interest rate to ease loan repayment burden and loans granted should be amounts that customers can service. Again, micro-insurance could be established to protect the Institution and customers against any default.</p><p></p></div><h3></h3><br> <br><p></p>

Project Overview

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