Participation in microfinance scheme: a medium for empowering community with special reference to Nigeria
For the past three decades, microfinance scheme has become a key instrument for community empowerment in developing countries. In recent years the scheme has attracted international attention thereby assuming a prominent place in community development discourse. This paper discusses the role of micr...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Marsland Press
2014
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| Online Access: | http://psasir.upm.edu.my/id/eprint/34829/ http://psasir.upm.edu.my/id/eprint/34829/1/Participation%20in%20microfinance%20scheme.pdf |
| _version_ | 1848847883278745600 |
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| author | Saidu, Mohammed Bashir Abu Samah, Asnarulkhadi Redzuan, Ma'rof Ahmad, Nobaya |
| author_facet | Saidu, Mohammed Bashir Abu Samah, Asnarulkhadi Redzuan, Ma'rof Ahmad, Nobaya |
| author_sort | Saidu, Mohammed Bashir |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | For the past three decades, microfinance scheme has become a key instrument for community empowerment in developing countries. In recent years the scheme has attracted international attention thereby assuming a prominent place in community development discourse. This paper discusses the role of microfinance scheme as a tool for community empowerment in Nigeria. Previous literature revealed that successive Nigerian governments in the past initiated a series of public financed programs and policies targeted at the poor but unfortunately, all those programs have failed to deliver. The current Nigerian government‟s policy on National Economic Empowerment Development Strategy (NEEDS) where microfinance scheme is identified as one of the
key instrument for empowerment is reviewed and discussed along the bottom-up principles. Lastly, this paper
proposed a model of framework for microfinance in Nigerian context. |
| first_indexed | 2025-11-15T09:25:41Z |
| format | Article |
| id | upm-34829 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T09:25:41Z |
| publishDate | 2014 |
| publisher | Marsland Press |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-348292018-07-25T04:14:46Z http://psasir.upm.edu.my/id/eprint/34829/ Participation in microfinance scheme: a medium for empowering community with special reference to Nigeria Saidu, Mohammed Bashir Abu Samah, Asnarulkhadi Redzuan, Ma'rof Ahmad, Nobaya For the past three decades, microfinance scheme has become a key instrument for community empowerment in developing countries. In recent years the scheme has attracted international attention thereby assuming a prominent place in community development discourse. This paper discusses the role of microfinance scheme as a tool for community empowerment in Nigeria. Previous literature revealed that successive Nigerian governments in the past initiated a series of public financed programs and policies targeted at the poor but unfortunately, all those programs have failed to deliver. The current Nigerian government‟s policy on National Economic Empowerment Development Strategy (NEEDS) where microfinance scheme is identified as one of the key instrument for empowerment is reviewed and discussed along the bottom-up principles. Lastly, this paper proposed a model of framework for microfinance in Nigerian context. Marsland Press 2014 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/34829/1/Participation%20in%20microfinance%20scheme.pdf Saidu, Mohammed Bashir and Abu Samah, Asnarulkhadi and Redzuan, Ma'rof and Ahmad, Nobaya (2014) Participation in microfinance scheme: a medium for empowering community with special reference to Nigeria. Life Science Journal, 11 (11). pp. 196-204. ISSN 1097-8135; ESSN: 2372-613X http://www.lifesciencesite.com/lsj/life1111/ 10.7537/marslsj111114.28 |
| spellingShingle | Saidu, Mohammed Bashir Abu Samah, Asnarulkhadi Redzuan, Ma'rof Ahmad, Nobaya Participation in microfinance scheme: a medium for empowering community with special reference to Nigeria |
| title | Participation in microfinance scheme: a medium for empowering community with special reference to Nigeria |
| title_full | Participation in microfinance scheme: a medium for empowering community with special reference to Nigeria |
| title_fullStr | Participation in microfinance scheme: a medium for empowering community with special reference to Nigeria |
| title_full_unstemmed | Participation in microfinance scheme: a medium for empowering community with special reference to Nigeria |
| title_short | Participation in microfinance scheme: a medium for empowering community with special reference to Nigeria |
| title_sort | participation in microfinance scheme: a medium for empowering community with special reference to nigeria |
| url | http://psasir.upm.edu.my/id/eprint/34829/ http://psasir.upm.edu.my/id/eprint/34829/ http://psasir.upm.edu.my/id/eprint/34829/ http://psasir.upm.edu.my/id/eprint/34829/1/Participation%20in%20microfinance%20scheme.pdf |