ABSTRACT 

The study examined the impact of microfinance banking on grassroots saving mobilization in Nigeria. Survey method was adopted using primary data collected from microfinance banks in Enugu State. Techniques of analysis used chi-square to test the research hypothesis of this study. From the result of the hypothesis tested, the study made the following findings, 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 microfinance institutions in Nigeria

TABLE OF CONTENT

Title page                                                                                                                  i

Declaration                                                                                                         ii

Certification                                                                              iii

Dedication                                                                                iv

Acknowledgement                                                                  v

Table of content                                                                                        vi

List of tables                                                                                                              ix

Abstract                                                                                                                      xi

CHAPTER ONE

INTRODUCTION

1.1 Background to the Study                       1

1.2 Statement of Problem                       4

1.3 Research Objective                       4

1.4 Research Questions           5

1.5 Statement of Hypotheses                       5

1.6 significance of the Study           5

1.7  Limitation of the Study                      6

1.8 Scope of the Study          6

1.9 Definition of Terms          7

CHAPTER TWO

REVIEW OF RELATED LITERATURE

2.1. Conceptual Framework 9

2.1. 2 Credit Needs Of The Poor 9

2.1.3 Concept Of Micro-Credit And Micro-Finance 10

2.1.4. Microfinance Banking In Nigeria 12

2.1.5. Deposit Mobilization And Promotion Of Saving Culture 14

2.1.6 Objectives And Goals Of Microfinance Banks 15

2.1.7 Microfinance And Socio-Economic Activities 16

2.1.8 Microfinance Institutions And  Key Factors That Influence The Decision To Save: 18

2.1.9 Savings Service Of Microfinance Institution Benefit 19

2.2 Theoretical Literature 21

2.2.1 Keynesian Theory Of Consumption 21

 2.2. 2 Friedman Permanent Income Theory 21

2.3  Empirical Literature 21

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.1 Research Design 25

3.2 Population Of The Study 25

3.3 Sample Size Determination 26

3.4 Nature And Sources Of Data 26

3.5 Reliability Of Instrument 26

3.6 Nature Of The Questionnaires 27

3.7 Model Specification 27

3.8 Questionnaire Distribution And Return 27

3.9  Method Of Data Analysis 28

CHAPTER FOUR

4.1 Analysis Of The Questionnaires 29

4.2 Analysis Of Research Questions 31

4.3 Test Of Hypothesis 32

4.4 Discussion of findings 39 

CHAPTER FIVE

SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS

5.1 Summary Of Findings. 40

5.2 Conclusion 40

5.3 Recommendations 41

References 42