Abstract
This paper is
aimed at examining the role played by microfinance banks towards the promotion
of entrepreneurship in semi urban and rural areas of Nigeria, it will also
identify the challenges facing the microfinance banks.
Data used in
the study is gathered through the use of documentary research where by information
is obtained from published sources such as the publications of the Central Bank
of Nigeria (CBN), the National Bureau of Statistics, as well as other published
sources and annual reports of microfinance banks. The collected data was
analyzed using the simple content analysis.
To this end
the paper is organized into four parts, after the introduction, part two
contains the conceptual and theoretical issues relating to entrepreneurship and
the microfinance. Part three contain the discussion on the roles of
microfinance banks in promoting entrepreneurship in rural areas, and the last
part contains concluding remarks.