Microfinance is proposed to be an efficient and viable means to poverty alleviation in the developing world, but there has been little empirical study on the impacts of microfinance banks. This study examines the impact of Rima Microfinance Bank on beneficiaries' income and poverty in Goronyo Local Government Area of Sokoto State, Nigeria. A multistage-sampling technique was used to draw the sample and a structured questionnaire was used for data collection. The data was analysed using descriptive statistics (means, frequency, and percentages) and Foster, Greer and Thorbecke (FGT) poverty index. The result revealed that the beneficiaries had a mean per capita income of N47,489.19 before and N115,678 after using the Rima Microfinance credit facility. The result of the FGT poverty incidence reduces by 6%. This is reflected by the reduction in poverty depth and severity significantly after the Rima microfinance intervention in the form of agricultural input credit facilities. The study recommends a microfinance policy that will ease more access to credit as well as ensuring efficient utilization of acquired inputs through effective monitoring for better productivity, income and poverty reduction among rural dwellers.

This study was conducted in order to examine the role micro-credit on poverty alleviation among femers in Kirfi Local

The study assess the impact of Fadama I project on income and poverty of beneficiaries in Goronyo Local Government area of Sokoto State, Nigeria. A total of 160 respondents were selected using multistage, purposive and random sampling techniques. The data was analysed using descriptive statistics and Foster, Greer and Thobecke (FGT) poverty index. The findings of the study on the demographic characteristics shows that majority of the beneficiaries are aged (55-65years) with no formal education. The project beneficiaries expressed satisfaction with the approach and monitoring methods adopted by Fadama I project in the implementation of the objectives, they also opined that the project had increased their incomes and had succeeded in addressing the farming needs of households in the study area. Moreover, the result revealed that Fadama I project beneficiaries had a mean per capita income of N28,332.86 before and N83,364.47 after Fadama I project intervention. The result of the FGT poverty index indicated that 66 percent of the beneficiaries' households were poor and 34 percent were non-poor before the project intervention. The result revealed that Fadama I project beneficiaries had increased the beneficiaries' mean per capita income from N28,332.86 before the project to N83,364.47 after the project intervention. The study also revealed that Fadama I project decreased the number of poor beneficiaries from 66% before to 57% after the project intervention. The study recommends that Governments and Development partners need to continue to support agriculture through project interventions such as Fadama I project using appropriate strategies that suit the beneficiaries' peculiarities.