Inclusive Financial Services of Microfinance Banks for Inclusive Agricultural Development in Anambra State, Nigeria

Author: Achoja Felix Odemero, Ewuzie Peace Obianujunwa

ijeab doi crossref DOI: 10.22161/ijeab/1.2.9

Keyword: Inclusive, financial services, microfinance, banks, agricultural development.

Abstract: The study analyzed evaluated the inclusiveness of the financial services of microfinance banks for an inclusive Agricultural development in Anambra state, Nigeria. Secondary data were elicited from three microfinance banks on the number of gender, location and firms that had access to their financial services. The data were analyzed using frequency, tables, mean, and standard deviation, co-efficient of variation, t-test and bar chart. The result showed that there are significant imbalances in the financial services rendered by microfinance banks to gender (men and women), location (urban and rural) and firm (non - agro allied and agro allied). The bar chart showed that the degree of imbalances in financial services rendered by microfinance banks is very low in gender, high in location and very high among firms. The result of the test of hypothesis using t-test showed that there is statistical significant difference in the level of financial inclusiveness with respect to locations and firms. We recommended that efforts should be made towards ensuring equity in the degree of financial services rendered by microfinance banks on the basis of locations and firms coveragein order to realize an all-inclusive agricultural development plan in Anambra state, Nigeria.

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Cite this Article:

MLA

Achoja Felix Odemero, Ewuzie Peace Obianujunwa et al."Inclusive Financial Services of Microfinance Banks for Inclusive Agricultural Development in Anambra State, Nigeria". International Journal of Environment Agriculture and Biotechnology(ISSN: 2456-1878),vol 1, no. 2, 2016, pp.149-154 AI Publications doi:10.22161/ijeab/1.2.9

APA

Achoja Felix Odemero, Ewuzie Peace Obianujunwa, P.(2016).Inclusive Financial Services of Microfinance Banks for Inclusive Agricultural Development in Anambra State, Nigeria. International Journal of Environment Agriculture and Biotechnology(ISSN: 2456-1878).1(2), 149-154.10.22161/ijeab/1.2.9

Chicago

Achoja Felix Odemero, Ewuzie Peace Obianujunwa, P.(2016).Inclusive Financial Services of Microfinance Banks for Inclusive Agricultural Development in Anambra State, Nigeria. International Journal of Environment Agriculture and Biotechnology(ISSN: 2456-1878).1(2), pp.149-154.

Harvard

Achoja Felix Odemero, Ewuzie Peace Obianujunwa. 2016."Inclusive Financial Services of Microfinance Banks for Inclusive Agricultural Development in Anambra State, Nigeria". International Journal of Environment Agriculture and Biotechnology(ISSN: 2456-1878).1(2):149-154.Doi:10.22161/ijeab/1.2.9

IEEE

Achoja Felix Odemero, Ewuzie Peace Obianujunwa."Inclusive Financial Services of Microfinance Banks for Inclusive Agricultural Development in Anambra State, Nigeria", International Journal of Environment Agriculture and Biotechnology,vol.1,no. 2, pp.149-154,2016.

Bibtex

@article { achojafelixodemero2016inclusive,
title={Inclusive Financial Services of Microfinance Banks for Inclusive Agricultural Development in Anambra State, Nigeria},
author={Achoja Felix Odemero, Ewuzie Peace Obianujunwa , R},
journal={International Journal of Environment Agriculture and Biotechnology},
volume={1},
year= {2016} ,
}