Suchergebnisse

The problem of poverty has attracted specific programmes within the circle of Government administrations particularly in Sub-Saharan Africa. One of such programmes is the development strategy tool of provision of microcredit to the poor through Microfinance Institutions (MFIs). Although the issue of the influence of Microfinance loan on poverty reduction has been discussed by some scholars, little efforts have been made to assess the impact of MFIs at the grassroots particularly on those who live in the rural areas.This paper therefore intends to fill the gap in literature by examining the impact of microfinance loan on poverty reduction through the dimension of rural poor income. To achieve this objective, the study adopted multi-stage random sampling technique to collect primary data through the structured questionnaire. A total sample of 1,134 microfinance loan beneficiaries and non-beneficiaries were used as respondents from three states in South- West Nigeria. Descriptive Statistics and Multiple Regression Model were explored to describe the characteristics of the sample for the study and evaluate the impact.The results revealed that microfinance has negligible income effects on the rural poor in Nigeria.To this end, the Government is advised to provide necessary amenities that will encourage MFIs to establish branches in the rural areas; and implement more supportive services like education and training on entrepreneurship and health facilities. MFIs should engage cheap labour available in the rural areas and train them for effective performance and easy penetration to the rural poor. .

Microfinance programme has been generally regarded as a development strategy that can enhance the economic performance of the poor.The government of Nigeria has made concerted efforts to alleviate poverty in the country. One of such efforts is Poverty alleviation through Microfinance loan but poverty still remains pervasive and widespread in the country especially in the rural communities. This study examines the role of microfinance vis-à-vis poverty reduction particularly in the South- West Zone of Nigeria.Data were collected through survey questionnaire in the study area.Descriptive Statistics together with Binary Logit Regression Model were employed to analyse the data collected. The result of the analyses revealed that microfinance loan made significant impact on the loan beneficiaries in the study area which lead to poverty reduction.The government is advised to provide more enabling environment to make Microfinance operations more effective in the country particularly in the rural areas. Microfinance Institutions are implored to create more awareness on their operations and make less stringent conditions for the loan accessibility.

This paper investigates the influences of biomass energy, fossil fuel, and some controlled variables on CO2 emission in African countries over the 1980–2014 period. The study employs pool mean group (PMG), mean group (MG), and dynamic fixed effect (DFE) estimators. In addition, it employs weighted fully modified ordinary least squares and weighted dynamic ordinary least squares to validate the robustness of estimates. The results reveal that the relation of fossil fuel with CO2 is positively significant. Conversely, biomass energy exerts a significant negative impact on CO2. In addition, the dampening effect of biomass energy utilization on CO2 emission helps to validate the Environmental Kuznets Curve hypothesis.