International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Micro - Lending As an Empowerment Strategy for Poverty Alleviation among Women in Yala Local Government Area of Cross River State, Nigeria
Festus Nkpoyen; Bassey, Glory Eteng

Abstract
The study assessed Micro-lending as an empowerment strategy for poverty alleviation among women in Yala Local Government Area of Cross River State, Nigeria. Three null hypotheses were formulated to guide the study. 300 respondents participated in the study and data were analyzed using Pearson Product Moment Correlation Coefficient. The study showed that increased savings, promotion of local cooperatives societies and creation of self-employment opportunities significantly related to poverty reduction. The study recommended that Microlending programmes should be encouraged in communities because of impact on household income and more non-governmental organizations should be involved in Micro financing in rural areas.

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