Socio-Economic Profile of Village Bank Member in Suburban Ankara: Microcredit Mannequin and Assumptions on Microfinance Market of Turkey

The future of the industrial development of this nation depends to a large extent on the growth and development of the potentials of small and medium scale enterprises (SMEs). Small scale industries play a considerable role in the employment of manpower and productivity, distribution of income across the regions through increased investments and profits. In fact, they are termed 'rural developing motors'. The objective of this study is to highlight the roles and constraints of small scale industries in the rural development of Edo state. The data collected were obtained through field observations, oral interviews and questionnaire administration. The data received were analysed using statistical techniques. Findings revealed that small scale industries have seriously impacted in the area of employment and household income generation .It also shows that there is lack of management skills, poor record keeping and weak access to financing.

Section: The Concept Functions and Characteristics Of Small And Medimentioning

confidence: 99%

Small Scale Industries and Rural Development in Edo State, Nigeria

Oboniye¹

2013

The Impact of Nigeria Microfinance Banks on Poverty Reduction: Imo State Experience

Ihugba

Bankong

Ebomuche

2013

This paper attempts to provide a critical appraisal of the debate on the effectiveness of microfinance as an effective tool for eradicating poverty and also the history of microfinance banks in Nigeria. It argues that while microfinance has developed some innovative management and business strategies, its impact on poverty reduction remains in doubt. Micro finance impact on poverty reduction in Imo state was studied by a stratified sampling method in the selection of the customers. The study area was divided into 16 sample units based on the various local government areas in Imo state. Four (4) MFBs were purposefully selected from each of the 3 Senatorial Zones, making a total of 12 MFBs. In order to have unbiased selection of samples, Three Hundred and eighty two questionnaires (382) were randomly distributed to customers of these selected microfinance Banks in the three senatorial Zones as follows, namely: Owerri (82), Okigwe (100) and Orlu (200). The result revealed that majority of respondents were male constituting about 78 % while women 22 % and majority of the respondents were married (65 %), single (33 %) divorced (2 % ). 137 of the respondents do not have any formal education, 67 possess primary school leaving certificate. 81 indicated having secondary school certificate. 71 with diploma / NCE and its equivalent. 28 of them have first degree certificate and above representing 36 %, 17 %, 21 %, 19 % and 7 % respectively. The monthly income brackets of the respondents show that One hundred and eleven (111) respondents (29 %) indicated earning N10,000 N15,000, 95 respondents or 25 % indicated N15,001 -N20,000 as their income bracket, 94 or 24 % were earning above N20,000, while 84 (22 %) indicated earning below N10,000. From the result, high income class has more capacity to save than poor dwelling in rural areas. The finding appears to support the predication of Economics theory of savings which argues that saving is a function of the level of income. The implication of this study is that the federal government of Nigeria and financial institutions in the country should take up the challenge of establishing bank branches in the rural areas or make formidable arrangement for supplying more credit to the rural dwellers.

Resources for Early Childhood Education (E.C.E)

Chukwbikem¹

2013

The central theme of this paper is resources for early childhood education. The paper highlights issues such as purpose and benefits of ECE. It also discusses human, material and financial resources and gives detailed instructional resources for effective teaching at this level of education. The benefits of E.C.E. are that there is a positive relationship between E.C.E life performances of the recipient of this level of education. Good. ECE inculcates the spirit of enquiry and creativity through exploration of nature and the local environment. It teaches them cooperation, team spirit and good habit. It also prepares them for primary education. The study also examined the importance of play, things to look for in preschool curriculum which are human resources, materials and finance. Quality support system should include educational training for programme personnel as well as ongoing technical assistance programme providers and individual care provider. Personnel who are well prepare through education, training and support are essential to achieving high quality.