In 2015 to 2020what are the banks which exit in micro finance institutions ​

Answers

Answer 1

According to information on the CBN website, there are approximately 916 regulated microfinance banks in Nigeria. These banks provide fundamental financial services.

Like lending, saving, domestic fund transfers, and so on. to people with low incomes, people who don't have bank accounts, and underserved groups like young people without jobs and street vendors.

What is microcredit?

A banking service known as microfinance is provided to unemployed or underprivileged individuals or organizations that otherwise would not have access to financial services. People are able to take on affordable small business loans through microfinance in a safe, ethical, and practical manner.

The creation of public policies and corporate decisions are two examples of various endeavors that could benefit from microeconomic analysis.

Macroeconomics is a subject that is more complicated. It explains how national income, savings, and the level of all prices are all linked in ways that are so vast and difficult to comprehend.

The fundamentals of long-term lending in microfinance. pay back the costs of the loan. Costs per loan necessitate interest rates that are significantly higher than those offered by commercial banks because of the individualized service and small loan amounts.

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Related Questions

What was the average weight of a 5’0/4’11 twelve-year-old female in 1977?

please no out out of context or absurd answers! any random answers will be deleted!!

Answers

Answer: The CDC also reports that a 12-year-old girl's weight is usually between 68 and 135 pounds, and the 50th percentile weight for girls is 92 pounds.

Explanation:

Hope its not absurd

The average weight of a 5’0/4’11 twelve-year-old female in 1977 is between 68 and 135 pounds

What is weight?

The force exerted on an object by gravity is known as the weight of the object in science and engineering. The gravitational force acting on the object is referred to as weight in some common textbooks. Some people refer to weight as a scalar quantity that measures the gravitational force's strength.

It gauges how much gravity is pulling on a body. Weight is calculated using the formula w = mg. Since weight is a force, it has the same SI unit as a force, which is the Newton (N). In this case, the weight is about 68 and 135 pounds.

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A monkey has filled in a 3 × 3 grid with the numbers 1, 2,. . . , 9. A cat writes down the three numbers obtained by multiplying the numbers in each horizontal row. A dog writes down the three numbers obtained by multiplying the numbers in each vertical column. Can the monkey fill in the grid in such a way that the cat and dog obtain the same lists of three numbers? what if the monkey writes the numbers 1, 2,. . . , 25 in a 5 × 5 grid? or 1, 2,. . . , 121 in a 11 × 11 grid? can you find any conditions on n that guarantee that it is possible or any conditions that guarantee that it is impossible for the monkey to write the numbers 1, 2,. . . , n2 in an n × n grid so that the cat and the dog obtain the same lists of numbers?

Answers

Yes, it is possible for the monkey to fill in the 3 x 3 grid in such a way that the cat and dog obtain the same lists of three numbers.

What if the monkey writes the numbers 1, 2,. . . , 25 in a 5 × 5 grid? or 1, 2,. . . , 121 in a 11 × 11 grid?For example, the monkey could fill the 3x3 grid with the numbers 1, 4, 7; 2, 5, 8; and 3, 6, 9.Yes, it is possible for the monkey to fill in the 5 x 5 grid with the numbers 1, 2, ... , 25 in such a way that the cat and dog obtain the same lists of three numbers. For example, the monkey could fill the 5x5 grid with the numbers 1, 8, 15, 22, 25; 2, 7, 16, 21, 24; 3, 6, 17, 20, 23; 4, 5, 18, 19, 12; and 9, 10, 11, 14, 13.Yes, it is possible for the monkey to fill in the 11 x 11 grid with the numbers 1, 2, ... , 121 in such a way that the cat and dog obtain the same lists of three numbers. For example, the monkey could fill the 11x11 grid with the numbers 1, 10, 19, 28, 37, 46, 55, 64, 73, 82, 121; 2, 9, 20, 27, 38, 45, 56, 63, 74, 81, 120; 3, 8, 21, 26, 39, 44, 57, 62, 75, 80, 119; 4, 7, 22, 25, 40, 43, 58, 61, 76, 79, 118; 5, 6, 23, 24, 41, 42, 59, 60, 77, 78, 117; 11, 12, 13, 14, 15, 16, 17, 18, 33, 34, 115; 10, 13, 22, 25, 34, 37, 46, 49, 68, 71, 114; 9, 14, 21, 26, 33, 38, 45, 50, 67, 72, 113; 8, 15, 20, 27, 32, 39, 44, 51, 66, 73, 112; and so on.In general, it is possible for the monkey to fill in an n x n grid with the numbers 1, 2, ... , n2 in such a way that the cat and dog obtain the same lists of numbers, provided that n is an even number. For odd numbers (n = 3, 5, 7, etc.), it is impossible for the monkey to fill in the grid in such a way that the cat and dog obtain the same lists of numbers.

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What is the distance δymax−max between the first maxima (on the same side of the central maximum) of the two patterns?

Answers

The distance between consecutive identical points on a wave, such as the space between two succeeding maxima, at a specific point in time is known as the wavelength.

Which laser's first maximum is located more near the center of the beam?The first order maximum generated by laser 1 is therefore closer to the central maximum than the first order maximum generated by laser 2. As can be seen, the distance between two successive interference maxima is constant and regardless of the observed order.The distance between consecutive identical points on a wave, such as the space between two succeeding maxima, at a specific point in time is known as the wavelength.The first order maximum generated by laser 1 is therefore closer to the central maximum than the first order maximum generated by laser 2. As can be seen, the distance between two successive interference maxima is constant and regardless of the observed order.                      

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A triangle has sides with lengths of 7 meters, 14 meters, and 17 meters. Is it a right triangle?

Answers

No, it is not a right angled  triangle.

For a right angled triangle, Acc. to Pythagoras theorem:-

Hypotenuse²= Base² + Perpendicular²

Hypotenuse is the longest side of the triangle.

For the given triangle, Hypotenuse= 17

17² ≠ 14² + 7²

289 ≠245.

Hence, it is not a right angled triangle.

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