Central Bank of Nigeria (CBN): Impact Assessment of the Microfinance Policy, Regulatory and Supervisory Framework on the Nigerian Economy 2019-06-26T11:28:24+00:00

Project Description

In 2013 MDCL was one of three firms that conducted an impact assessment of the Microfinance Policy, Regulatory and Supervisory Framework on the Nigerian Economy, commissioned by the CBN. Our firm conducted the study in all the states of the North-Central and South-South geo-political zones of the country, examining access to financial services by the economically active poor since the introduction of the Microfinance policy in 2005, and assessing the level of access to microfinance services by women in Nigeria. During this period, MDCL worked extensively with actors in the MSME sub-sector in Nigeria.

 

MDCL surveyed about 800 Microfinance Banks, MSMEs, NGO-MFIs, DMBs, the Organized Private Sector (OPS) such as NASME and NASSI, regulators such as CBN and NDIC, ANMFIN, cooperative societies, and made recommendations in collaboration with teams that worked in the other four geo-political zones.