The functions of micro-finance bank are so many and revolve around the banking sector. This includes offering credit facilities and taking deposits from people who intend to save with them.
Bank has three types. There are commercail bank, specailized bank and Microfinance.
It is a wholesale lending organization placing funding among microfinance institutions.
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to control the bank position financially
A merchant bank is a bank which does commercial lending and business banking services, leasing and factoring for example
The population of National Microfinance Bank is 2,010.
National Microfinance Bank was created in 1997.
National Microfinance Bank's population is 2,610.
Tameer Microfinance Bank Limited's population is 1,200.
Tameer Microfinance Bank Limited was created in 2005-09.
literature review microfinance banks in nigeria
There are vaious functions involved in a micro finance. Microfinance helps people to eradicate poverty by giving them collateral-free loans and other financial services to support income-generating businesses. As each loan is repaid, the money is redistributed as loans to others, thereby mulitiplying its impact
Bank has three types. There are commercail bank, specailized bank and Microfinance.
Microfinance Insights was created in 2006.
SKS Microfinance was created in 1998.
Microfinance Focus was created in 2006.
Pride Microfinance Limited's population is 2,009.