ANALYSIS OF SAVINGS MOBILIZATION AND ITS EFFECT ON POVERTY ALLEVIATION AMONG HOUSEHOLDS IN KWALI AND BWARI AREA COUNCILS, ABUJA NIGERIA

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dc.contributor.authorJuliana Ojochide OLORen
dc.creatorJuliana Ojochide OLORen
dc.date.accessioned2023-09-22T21:08:31Z
dc.date.available2023-09-22T21:08:31Z
dc.date.issued2021-03-11en
dc.description.abstractSavings is increasingly being acknowledged as a power tool for poverty alleviation but the peri- -urban households who are mostly, low cadre workers, peasant farmers and small-scale business owners lacks savings services. This study analyzed savings mobilization and poverty alleviation among peri-urban households in Kwali and Bwari Area Councils Abuja. The study used cross-sectional primary data collected using a well- structured questionnaire administered to185 respondents. Descriptive statistics, poverty gap index, ordered logit regression, and double hurdle model were used in analyzing data collected. Result showed that the average age of respondents was 31 years, majority of the respondents were males, 35% had secondary education, and average household size was 4 persons. Results also showed that 36% of respondents were traders, average year of experience was 11 years, and 39% adopted cooperative society as strategy for saving. Double hurdle model results showed that at the first hurdle using the probit regression model was estimated, age, household size, secondary activities and income significantly determined households’ decision to save, while at the second hurdle where truncated regression model was estimated, age of household head, years of experience, secondary activities, membership of association, access to credit, farm size, poverty status, and income significantly determine the households’ intensity of savings. Results of the poverty gap index showed that majority (50.8%) of respondents were non-poor, and that the poverty incidence, depth and severity were 0.49, 0.28 and 0.56 respectively. Results further showed that amount saved, age, level of education, primary occupation, secondary activities, access to credit, and farm size had significant effects on households’ poverty status. In decreasing magnitude of importance, the study identified fear of safety of income as the major constraints to saving in the study area. Others are family and societal demand,en
dc.identifier.urihttps://teras.ng/api/asset/document/b9925099-f0d2-428c-91ce-56322682905aen
dc.identifier.urihttps://teras.ng/catalog-item/9dec90ad-884f-4de6-912f-317e650d26a0en
dc.identifier.urihttp://dspace.teras-network.net:4000/handle/123456789/44363
dc.publisherAhmadu Bello University Zariaen
dc.titleANALYSIS OF SAVINGS MOBILIZATION AND ITS EFFECT ON POVERTY ALLEVIATION AMONG HOUSEHOLDS IN KWALI AND BWARI AREA COUNCILS, ABUJA NIGERIAen
dc.typeResearch Thesesen
thesis.degree.levelMastersen
thesis.matric.numberP15/AG/AE/8001en
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