Impact Of Microfinance Banking On Grassroot Savings Mobilization In Nigeria (2008-2016):- Umeh Collins C

ABSTRACT

 The study examined the impact ofmicrofinance banking on grassroots saving mobilization in Nigeria. Survey method was adopted using primary data collectedfrom microfinance banks in Enugu State. Techniques ofanalysis used chi-square to test the research hypothesis ofthis study. From the result ofthe hypothesis tested, the study made thefollowingfindings, that microfinance institutions plays significant impact on grassroot savings mobilization and that attitudes of commercial banks to microcredit scheme is unfavourable, thus, the study concludes that microfinance banking has a significant impact on savings mobilization in Nigeria, the study made the following recommendations that policies be made to help improve the performance of microfmance institutions in Nigeria