Microfinance bank was introduced in Nigeria by the governor of CBN Prof. Charles Soludo.
its main function is to finance the small- medium scale enterpreneur( i.e. looking out for the market women and men, carpenters, tailors, welders, shoe cobblers, traders, etc), helping them actualise their dreams of expansion and also creating deep independence in them which will increase the nation also.
These banks are licensed and are governed by specific rules which enables the government check their activities to ensure they comply by the rules.
for more information, pls check the following links below: www.scribd.com/doc/92714/Microfinance
microfinancing
Tags: field dreams, fieldreams, lagos, micro-finance, microfinance, microfinancer, microfinancing, nigeria
