Institutional environment and access to microfinance by self-employed women in the rural areas of Edo state
Resource information
Date of publication
december 2009
ISBN / Resource ID
521
Pages
3 pages
Copyright details
IFPRI adheres to the basic tenets of the Budapest Open Access Initiative, articulated in 2002 (subject to any applicable third-party rights and or confidentiality obigations). All applicable data are subject to IFPRI’s Institutional Review Board (IRB) guidelines. Copyright © 2013 International Food Policy Research Institute (IFPRI). All rights reserved.
In Nigeria, conventional financial institutions serve only about 35 percent of the active population, and the poor, especially women, have limited access to financial services. Private sector-led microfinance institutions (MFIs) are increasingly playing a role to fill this need. This brief provides an overview of the institutional environment of microfinance in Nigeria, as well as insights and recommendations for better reaching this audience, based on focus group discussions and case studies of self-employed women in rural areas of Edo State, Nigeria.