Introduction
Nigeria is one of the fastest growing economies in the world. It is growing at a rate more than 8% for the last decade. But Nigeria also has one of the highest percentages of poor people in the world and the percentage of poor population is continuously increasing. The growth curve of Nigeria is unable to improve the lives of the poor and destitute. As it happens in many developing countries, the mainstream financial institutes in Nigeria completely exclude the poor population from having any access to the financial system. This makes their daily living a perpetual struggle with poverty as ...