Financing Women Co-operative Groups By The Nigerian Agricultural Cooperative And Rural Development Bank (nacrdb) Now Known As Bank Of Agriculture (boa) In Enugu State

ABSTRACT

The project is on financing women co-operative Groups by Nigeria agricultural cooperative and rural development bank NACRDB with special references to Enugu state. The NACRDB, role in financing women co-operative groups is of significant important to the development and growth of the economy at large. However, certain factors mitigate the effective flow of this finance from the bank to the women cooperative. To find out these factors, a sample was drawn out of the population and 10 women cooperative group is were selected for the study. The simple random sampling technique was used to select the 10 women cooperative groups for the study. The general objective of the study is to examine the role of NACRDB in financing women cooperative groups. During the course of the survey, the following findings were made. That the women cooperative received a total loan of N1,885,000 in five years. That the women cooperatives repaid the sum of N1,784,000 in four (4) years. The loans outstanding were N1,456,000. That women cooperative groups in most cases divert loans to other activities, which are different from that which the loans were meant for, steps to be taken before funds are given to the women cooperative groups this discourage a lot of the women co-operative groups. Mismanagement of the funds that were meant for the women cooperative groups, by the manager of the banks also leads to the poor performance of the banks. The following recommendations were given to solve these problems. Loans given to women co-operatives should be carefully monitored to avoid diversion and loan default. The bank should reduce the interest rates charged on loans for agriculture and other projects of the women co-operative groups. 

CHAPTER ONE

Introduction

1.1 background of the study 

1.2 statement of the problem 

1.3 objectives of the study 

1.4 research questions 

1.5 significance of the study 

1.6 the scope of the study 

References

CHAPTER TWO

Literature review

2.1 The concept of finance/credit.

2.3 internal and external sources of credit for agriculture

2.4 problems of agricultural finance

2.5 women and economic development

2.6 historical background

2.7 NACRDB: mandate, vision, mission, and corporate objectives. 

2.8 achievements

2.9 problem and effort being made to solve them 

2.10 relationship between NACRDB (bank of agriculture) and women co-operative groups. 

2.11 Why the bank finances women co-operative groups.

references

CHAPTER THREE

3.1 area of the study 

3.2 sources of data

3.3 The population of the study

3.6 validity of the instrument 

3.7 reliability of the instrument 

3.8 method of data collection 

3.9 method of data analysis 

references

CHAPTER FOUR

Data presentation and analysis

4.0 introductions 

4.1 distribution of loans to women co-operative in enugu state (2008-2012) by bank of agriculture. 

4.2 number of women co-operative groups in enugu state

4.3 the legal status of the women co-operative groups.

4.4 membership drive of the societies 

4.5 demographic variables of the respondents 

4.6 The condition for obtaining loans 

4.7 uses of loans 

4.8 the interest rates of the loans received. 

4.9 problem encountered by the women co-operative groups in their activities  

4.11 problem encountered by women co-operative groups in their activities and that encountered by the boa management 

4.12 review of questionnaire 

CHAPTER FIVE

 Findings, recommendations and conclusion 

5.1    findings 

5.2    recommendations 

5.3 conclusions 

Bibliography

appendix

Questionnaire