International records / OpenAlex research

Assessing the impact of lending practices of microfinance banks in promoting financial inclusion in Sokoto State, Nigeria

Financial inclusion is regarded internationally as an essential component of economic growth. Consequently, this study aims to evaluate how lending practices by microfinance banks contribute to financial inclusion in Sokoto State. The research utilized a descriptive survey methodology, focusing on a population comprising four Microfinance Banks. Data collection involved administering 400 structured questionnaires to randomly selected respondents from the target population. The analysis employed multiple regression techniques to evaluate the proposed hypothesis. The findings show that Sokoto St…