There is no gainsaying the fact that microcredit has become
a veritable tool amongst all the poverty alleviating schemes employed by
various governments at both national and international levels. This is
attributable to its accessibility and the non-inclusion of stringent measures
required of credit acquisition from the formal financial institutions. Again, the
less daunting formalities that usually keep the very poor away from harnessing
credit facilities make it a good avenue for augmenting available cash to meet all
necessary obligations by most households in rural areas. This study therefore
tries to unravel how accessibility to microcredit has helped to cushion the effect
of poverty in Ekiti State, Nigeria.