International records / OpenAlex research

Micro credit scheme and rural development in Osun State, Nigeria

Many people agree that microcredit is a useful instrument for advancing financial inclusion and rural economic growth. The effect of microfinance bank loans on rural development in Osun State, Nigeria, is investigated in this study. The study's foundation is the Sustainable Livelihoods Approach (SLA), which highlights how financial access may raise the standard of living for those with low incomes. A case study methodology was used to deliver structured questionnaires to 150 respondents. Chi-square statistical techniques were used to analyze 100 valid responses. Results show that microcredit g…