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

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



Achoja Felix Odemero, Ewuzie Peace Obianujunwa



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. 



10.22161/ijeab/1.2.9



http://ijeab.com/upload_document/issue_files/12%20IJEAB-JUL-2016-5-Inclusive%20Financial%20Services%20of%20Microfinance%20Banks%20for%20Inclusive%20Agricultural%20Development%20in%20Anambra%20State,%20Nigeria.pdf



ijeab.com/submit-paper/

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