Journal of
Development and Agricultural Economics

  • Abbreviation: J. Dev. Agric. Econ.
  • Language: English
  • ISSN: 2006-9774
  • DOI: 10.5897/JDAE
  • Start Year: 2009
  • Published Articles: 527

Full Length Research Paper

Microfinance and gender in the context of millennium development goals (MDGs) in Nigeria

Abosede, Adebiyi Julius1* and Azeez, Bolanle Aminat2
1Department of Business Administration, Faculty of Social and Management Sciences, Olabisi Onabanjo University. Ago-Iwoye, Ogun State. Nigeria. 2Department of Banking and Finance, Faculty of Management Sciences, University of Ado-Ekiti, Ado-Ekiti, Ekiti State, Nigeria
Email: [email protected]

  •  Accepted: 25 February 2011
  •  Published: 31 March 2011


Issues in client targeting are two in nature; gender targeting or poverty targeting (Brau and Woller, 2004). The nature of target to some extent will determine the ‘best practices’ in conjunction with local specific situation. In the first issue of gender targeting, the question has always been whether to lend to women or men in the context of which will give wider reach and benefit the society. This position was examined in the context of what are contained in recent literature with respect to microfinance activities in Nigeria using Chi-square non-parametric method of analysis to test the hypothesis differentials. It has, therefore, not been universally confirmed that extending microfinance to women alone or more than men will benefit the society more than otherwise. What has been observed was that giving more microfinance access to women will definitely empower them, but without examining the implication of that on the African social structure. Also when this is examined in context of targeting the poor, fundamental problem of still defining the purpose of microfinance as poverty alleviation is raised. This study recommends that gender distribution characteristics should not be a determinant of modus operandi of microfinance institutions in Nigeria, but rather the choice of poverty targeting, which is one of its target.


Key words: Microfinance, gender, millennium development goals.