Performance of Ngo (project yes) in micro credit financing for poverty alleviation in Niger State

Abstract

This study examines the performance of a Non-governmental Organization Youth Empowerment Programme (Project YES) in poverty alleviation  through the micro-credit finance scheme in Chanchaga Local Government Area of Niger State. it was hypothesized that there is no significant difference between the gender of beneficiaries and the amount of loan they receive. The purposive sampling was used to collect primary data from 80 beneficiaries using structured questionnaires. Frequency tables, percentages and z-test analysis were used to analyze the data collected. About 48.75% of the respondents reported that they received between N21,000.00 and N30,000.00 as micro-credit from‘‘Project YES’’. All credit is to be repayed on install mental basis within two years as confirmed by 85% of the respondents. About 68.81% of the beneficiaries asserted that ‘‘Project YES’’ provides both training and credit facilities to successful applicants. The quality of training rendered by the NGOs was rated high by 56.25% of the respondents. The z-test analysis confirmed the null hypothesis that there is no significant difference between the gender and amount of loan received by the beneficiaries. Problems of “Project Yes” include high default rate and inadequate training facilities as attested to by 39.64% and 18.34% of the respondents respectively. It was suggested that proper documentation and verification of beneficiaries’ addresses and
location of business should be made in order to reduce incidences of  default.

Keys Words:- Performance, NGOs, Micro-credit, Poverty Alleviation.