Published 2024-01-22
Keywords
- Credit,
- rural,
- mobilization,
- unbanked,
- deposit
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Copyright (c) 2024 Research Journal of Management Practice
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
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Abstract
This study examined rural banks’ credit and deposit mobilization with special emphasis on some selected microfinance banks in Anambra State. The researchers were motivated by the apparent absence of banking habit in the rural areas in the past before the introduction of the new revised microfinance policy. The major objective of this research is to examine the degree of deposit mobilization in the rural areas and the ability of microfinance institutions to extend credits to people in the rural areas.