Determining Sustainable Strategies for Directors of Microfinance Bank in Nigeria
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Microfinancing indicates the inclusion of the working poor in financial services distribution to have access to funding without collateral and to improve the welfare of the family (Ault & Spicer, 2013). The improvement of family welfare creates positive social andeconomic development in the polity, which gave rise to the decision to incorporate microfinance into the economic system of Nigeria (Abraham & Balogun, 2012).
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