Opening bank account by the vulnerable groups Vulnerable groups having bank account opened and not having

bank account opened of before and after micro credit are analysed by figure 5:9. FIGURE 5:9, BANK ACCOUNT OPENINGS

Bank Account Openning

100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 79.27 100 81.71 77.44 20.73 18.29 22.56

Having Account Not Having Account

Source: Data analyses 2013 The most impressive feature in the pattern of account opening is that one hundred percent of the borrowers have opened bank account after getting the micro loans. The borrowers before, the non-borrowers before and the non-borrowers after, all

maintained high levels of not having bank account opened up to 79.27%, 77.44% and 81.71% respectively.

5.9.2. Savings capacity of the vulnerable groups One of the indicators of economic buoyancy is the savings capacities of the vulnerable groups. The analyses of the vulnerable groups ability to save are made for the period of before and after micro credit use and the result portrayed by figure 5:10. FIGURE 5:10, SAVINGS CAPACITIES

PERCENTAGE SAVINGS CAPACITY (=N= 000)

None (0) 1 to 50 51 to 100 90 80 70 60 50 40 30 20 10 0 0 12.19 8.54 0 0 34.15 26.83 14.43 24.39 0 4.88 13.41 0 0 1.22 9.15 12.19 79.27 81.71 77.44 101 to 150 151 to > 200

Source: Data analyses 2013 Figure 5:10 shows that the pattern of borrowers saving capacities after micro loans use is different from the other three categories. The borrowers savings capacity after using the micro loans have all gone above the amount of =N=25,000.00 and moved to fall within =N=26,000.00 to =N=201,000.00. Whereas, the borrowers before, the non-borrowers before and the non-borrowers after portray similar trend of savings capacity where savings capacities within the low range of =N=1,000.00 to =N=25,000.00 remind very high and higher amount savings of =N=51,000.00 to =N=100,000.00 has gone low. Among these three groups savings from =N=101,000.00 and above all remained zero. 5.10. Side Effects of Micro Credit scheme analyses

Side effects of the NACRDB micro credit scheme in Borno State were assessed on both the beneficiary and non-beneficiary vulnerable groups. The data obtained are analyzed by figure 5:11.