000 03189nam a22003137a 4500
003 KOHA
005 20230419083937.0
008 221109d2022 cy ||||| m||| 00| 0 eng d
040 _aCY-NiCIU
_beng
_cCY-NiCIU
_erda
041 _aeng
090 _aYL 2435
_bA44 2022
100 1 _aAdeyemi, Ibukun Funmilayo Grace
245 1 0 _aIMPACT OF MICROFINANCE ON SELECTED POVERTY ALLEVIATION MEASURES /
_cıBUKUN FUNMILAYO GRACE ADEYEMI; SUPERVISOR: PROF. DR. DAMBALA DANJU
264 _c2022
300 _a62 sheets;
_c31 cm.
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
502 _aThesis (MSc) - Cyprus International Relations. Institute of Graduate Studies and Research Accounting and Finance Department
504 _aIncludes bibliography (sheets 53-56)
520 _aABSTRACT “When a person does not have sufficient material goods or money to meet their fundamental requirements, he or she is said to be in poverty. In addition to having social and economic consequences, poverty has other consequences. Having insufficient means to meet one's basic needs may also be characterized as being impoverished. Consider the necessities of life such as food, safe drinking water, housing, and clothes” (Victoria, 2018). Microfinance institutions (MI) provide microloans to lenders in exchange for various types of benefits in order for them to make use of the loans. The borrowed funds and loans can be used for different purposes depending on the need and intention of the borrower. These needs can be financing a new business or an expansion plan, paying for urgent family needs, facilitating mobility to obtain a job, etc. This study was aimed at exploring the impact of microfinance on selected poverty measures. A quantitative approach was taken in the study. A total of 385 individuals participated in the study, a random sampling approach was used to determine the sample size. Primary data in the form of a questionnaire was distributed to participants. The findings of the study showed that a relationship between Microfinance and fulfilment of basic needs was observed. Furthermore, a relationship between Microfinance and Living standard was seen. Finally, a relationship between Microfinance and self-employment was indicated in this study. This model was statistically significant, all three-variable added statistically significant. Microfinance predicted basic needs the most. Thus, it is important for microfinance to provide good policies in other to help individuals meet their needs. It is recommended that microfinance institution provide initiative for individuals who are in need. This initiative will help empower individuals by making them self-empowered. Keywords: Basic Needs, Microfinance, Poverty, Self-employment, Standard Of Living
650 0 _aBasic needs
_vDissertations, Academic
650 0 _aMicrofinance
_vDissertations, Academic
650 0 _aPoverty
_vDissertations, Academic
650 0 _aCost and standard of living
_vDissertations, Academic
700 1 _aDamju, Dambala
_esupervisor
942 _2ddc
_cTS
999 _c289037
_d289037