Informal Financial Institutions and Poverty Reduction in the Informal Sector of Offa Town, Kwara State: A Case Study of Rotating Savings and Credit Associations (ROSCAs)
| Autor: | MA Ijaiya, Noah Yusuf, Gafar T. Ijaiya |
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| Rok vydání: | 2009 |
| Předmět: |
Economic growth
Poverty Informal sector Financial institution Poverty reduction media_common.quotation_subject 05 social sciences 050301 education General Social Sciences 030206 dentistry 03 medical and health sciences 0302 clinical medicine Empirical research State (polity) Economics Empowerment 0503 education media_common |
| Zdroj: | Journal of Social Sciences. 21:231-234 |
| ISSN: | 0971-8923 |
| DOI: | 10.1080/09718923.2009.11892776 |
| Popis: | The paper is a report of an empirical study on the extent of poverty in the informal sector of Offa town, Kwara State, Nigeria and the role of an informal financial institution (Rotating Savings and Credit Associations ROSCAs) in reducing poverty among the people. Using a set of household data, P-alpha-class poverty measure and a multiple regression analysis. Questionnaire was administered to 500 informal sector operators, who are members of ROSCAs in Offa town. The study found that the infiormal financial institution plays an important role in reducing poverty among the people. |
| Databáze: | OpenAIRE |
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