Download or read book Research on micro financing in Ghana written by Joseph Ato Forson and published by GRIN Verlag. This book was released on 2013-07-16 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2008 in the subject Economics - Finance, grade: none, , language: English, abstract: This study sought to investigate into the roles being played by MFIs as far the operation of SMEs are concern. The researcher used questionnaires and interviews to collect data from 66 respondents (see appendix 3 pg. 84). From the research it was revealed that during the 2007 fiscal year alone, GCSL and FASL paid over GH¢54,846,273.00 as loans to SMEs as against GH¢197,675.00 mobilised through savings. In other to reach out to more customers, additional branches have been opened in new Tafo, Bantama, Tanoso and Adum. The research also revealed that these MFIs have an effective way of recovering loans with an appreciable rate varying between 90.2% - 96.6%. Though this is encouraging, it has been argued that these rates fall below the international standard of measuring micro finance recovery rate which is 98%. This has accounted for the increasingly falling rate of total loan grants. On the impact of MFIs on poverty reduction, it was established that there has been a positive impact with about 85% of those interviewed admitting they are able to access certain facilities that hitherto they found difficult. The income earnings has considerable increased per week as against the standard of measurement set in the GPRS I (2000), which recognizes all earners of income less than GH90.00 per annum to be poor. Aside the monetary indicators, respondents are also able to meet some of the social indicators of poverty. These improvements were attainable through the additional services provided by these MFIs. According to the research, aside its lending role, it also act in an advisory capacity teaching clients basic accounting book keeping and sound financial management. This has helped in expanding the operation of SMEs and discovery of auxiliary ventures.
Download or read book Microfinance Livelihoods and Poverty Reduction in Ghana written by Aaron Alesane and published by Taylor & Francis. This book was released on 2022-12-30 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the role of microfinance in the construction of livelihoods for poverty reduction in the Northern Savannah of Ghana, analysing the current microfinance landscape and financial services in the region. The book analyses the current microfinance landscape and financial services in Ghana. In doing so, it demonstrates the key factors for designing microfinance products and services to ensure greater uptake and outreach enhancing the sustainability of microfinance service providers. Chapters explore the impact of access to microfinance on livelihood diversification, asset accumulation patterns and welfare outcomes. In addition to assessing the role as well as of microfinance as an anti-poverty tool, the book presents new theoretical frameworks and models, including the microfinance livelisystem framework (MFL). This unique framework, which combines and goes beyond existing frameworks, situates the microfinance industry within national and international financial and economic ecosystems and presents the interrelationships between institutions providing services for the construction of livelihoods. Offering new theoretical frameworks and models developed for the microfinance industry with universal application, this book will be of particular use to students and scholars of Development Studies, Development Finance, Poverty and Inequality Studies, Rural Development and Sustainable Finance.
Download or read book Microfinance and Sustainable Development in Africa written by Yahaya Alhassan and published by Business Science Reference. This book was released on 2021 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book offers great insight into theoretical, policy-oriented and practical ways to address some of the challenges of using microfinance for sustainable development in Africa"--
Download or read book A Framework for Regulating Microfinance Institutions written by Joselito S. Gallardo and published by . This book was released on 2002 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does a country's legal and regulatory framework affect the sustainability of microfinance? Does a tiered approach to regulation help to integrate microfinance into the formal financial system? And are there lessons to be learned from the experience of Ghana and the Philippines with a tiered approach?
Download or read book Microfinance in Africa written by Mr.Rodolphe Blavy and published by International Monetary Fund. This book was released on 2004-09-01 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the experience of selected countries, this paper offers a critical presentation of the development of the microfinance sector in Africa. The paper supports the view that microfinance institutions, especially those engaged in full financial intermediation, complement effectively the banking sector in extending financial services and successfully draw on the rich experience of community-based development and preexisting informal methods of financial intermediation in Africa. Growing linkages between microfinance institutions and the banking system and the dissemination of good practices by nongovernment organizations contribute to the sound development of the sector, supported by regulation and supervision by local authorities.
Download or read book Financial Performance of Microfinance Institutions in Ghana and Uganda written by Johannes Flosbach and published by LIT Verlag Münster. This book was released on 2015 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the determinants of financial performance of microfinance institutions (MFIs) in Ghana and Uganda, against the backdrop of the public and academic debate over the financial and social implications of microfinance. In the absence of a conceptual model, the study chooses an inductive research approach with the objective of defining and developing a conceptual model with the capacity to explain, quantify, and compare the performance of MFIs. The research is particularly relevant in the African context where microloan interest rates regularly exceed 100% per annum and where the microfinance industry is lacking behind its global peers in regard to financial and social performance. (Series: Contributions to the Africa Research / Beitrage zur Afrikaforschung - Vol. 59) [Subject: Economics, Finance, African Studies]
Download or read book The Economics of Microfinance written by Beatriz Armendariz and published by MIT Press. This book was released on 2007 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: An assessment of "the microfinance revolution" from an economics perspective that draws on lessons from academia and international practice to challenge conventional assumptions.
Download or read book An impact assessment of microfinance institutions on women entrepreneurs in small and medium enterprises SMEs written by Theophilus Tei Ayanou and published by GRIN Verlag. This book was released on 2014-07-15 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2011 in the subject Economics - Finance, Kwame Nkrumah University of Science and Technology, course: Business Administration, language: English, abstract: This research study investigates the impact assessment of microfinance on women entrepreneurs in SMEs. The researchers used case study, questionnaire as an instrument of primary data collection and secondary data. Statistical Package for Social Scientist (SPSS) and Microsoft Excel were used in data presentation and analysis. Random sampling of women entrepreneurs were used to select a sample size of sixty (60) respondents. For clear analysis, the study centers on three broad variables for impact assessments which are business, household and sociopolitical. The study reveals that microfinance has a positive impact on women entrepreneurs in relation to their business, household, socially and politically. The research also found out that the level of interest rate charged is a potential contribution to loan delinquency and the demand of collateral securities is a challenge to women entrepreneurs in their quest to access loan from MFIs. Also, the researcher contains recommendations to MFIs and women entrepreneurs in SMEs in the Kumasi Metropolis.
Download or read book Promoting Microfinance written by R. Manos and published by Springer. This book was released on 2015-12-04 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: Promoting Microfinance brings together essays and empirical work by leading researchers and practitioners in the field of microfinance. It covers key issues currently facing the microfinance industry and provides an overview of the microfinance industry in selected countries/regions, pointing to the direction in which it is heading.
Download or read book Research Anthology on Microfinance Services and Roles in Social Progress written by Management Association, Information Resources and published by IGI Global. This book was released on 2022-09-23 with total page 711 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance has emerged as a growing field as more businesses discover the benefits and opportunities it provides. To ensure that microfinance is utilized appropriately, further study on the best practices and difficulties is required. The Research Anthology on Microfinance Services and Roles in Social Progress considers the ways in which microfinance can be utilized to achieve social progress as well as the challenges and opportunities of this area. Covering key topics such as income, small businesses, entrepreneurship, and credit, this major reference work is ideal for industry professionals, government officials, computer scientists, entrepreneurs, business owners, managers, policymakers, researchers, scholars, practitioners, instructors, and students.
Download or read book Microfinance in Africa written by S. Rajagopalan and published by . This book was released on 2009 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa is home to some of the poorest and vulnerable populations in the world. The ten poorest countries in the world are in Africa. Sub-Saharan Africa is the region with the highest incidence and greatest depth of poverty in the world. Fewer than one in five adults in Africa has access to the services of a formal or semi-formal financial institution. Microfinance in Africa is growing, though. A broad range of diverse institutions offer financial services to the poor and low-income clients in Africa. These include non-governmental organizations, non-banking financial institutions, cooperatives, credit unions, rural banks, Rotating Savings and Credit Associations (ROSCAs), postal financial institutions and an increasing number of commercial banks. Increasingly, technology is being used to expand microfinance outreach mobile phone banking is one such example. This book provides an overview of the microfinance sector in Africa, reviews the performance and impact of microfinance institutions in the region, and outlines some of the opportunities and challenges that African microfinance has on hand.
Download or read book Finance Against Poverty Volume 1 written by Hulme David and published by Routledge. This book was released on 2005-08-12 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: In two volumes these books review and expand the theory that poverty in the world's poorest regions could be alleviated by providing small loans to micro-entrepreneurs. Volume 1 provides detailed analysis of this theory and offers policy recommendations for practitioners in this field. Volume 2 presents empirical evidence drawn from comparative experiences in seven developing countries. The work assesses the success of this policy and provides some startling conclusions. This is essential reading for all those interested in development, poverty-reduction, social welfare and finance.
Download or read book Microfinance and Sustainable Development in Africa written by Alhassan, Yahaya and published by IGI Global. This book was released on 2021-12-10 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of microfinance for poverty reduction and economic development in the developing world is growing. However, this concept needs to be expanded to ensure its successful application for achieving longer-term economic growth and sustainability in developing countries, particularly in parts of the world such as Africa. As such, further research into the relationship between microfinance and sustainable development in developing regions is required to fully understand the opportunities for effective use of microfinance for poverty reduction and economic development. Microfinance and Sustainable Development in Africa examines the complex relationship between receipt of microfinance, poverty reduction, economic growth, and microbusiness development, focusing on the provision of small credit facilities as a driver of sustainable development in Africa. Its coverage of topics such as microbusiness, social finance, and sustainable development make this book an ideal reference source for academicians, researchers, government officials, policymakers, organizations, managers, instructors, and students.
Download or read book Microfinance in Developing Countries written by J. Gueyie and published by Springer. This book was released on 2013-01-17 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance in developing countries is a collection of studies by leading researchers in the field of microfinance. It discusses key issues that the rapidly growing microfinance industry currently faces, and offers interesting views and analysis of topical matters concerning the microfinance realm.
Download or read book Microfinance Handbook written by Joanna Ledgerwood and published by World Bank Publications. This book was released on 1998-12-01 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the 'Microfinance Handbook' is to bring together in a single source guiding principles and tools that will promote sustainable microfinance and create viable institutions.
Download or read book A framework for regulating microfinance institutions written by Hennie Van Greuning and published by World Bank Publications. This book was released on 1999 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Comparative Review of Microfinance Regulatory Framework Issues in Benin Ghana and Tanzania written by Joselito Gallardo and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors investigate the microfinance regulatory regimes in Benin, Ghana, and Tanzania, with a view to identifying key issues and lessons on how the overall regulatory framework affects integration of microfinance institutions into the financial system. The authors find that recognizing different tiers of both regulated and unregulated institutions in a financial structure facilitates financial deepening and outreach to otherwise underserved groups in urban and rural areas. That environment promotes sustainable microfinance under shared performance standards and encourages regulatory authorities to develop appropriate prudential regulations and staff capacity. Case studies of the three countries raise important issues on promoting microfinance development vis-??-vis regulating them. Laws to regulate activities other than intermediation of public deposits into loans can result in disproportionately restrictive and unmanageable standards, even as dynamic microfinance sectors have emerged without conducive regulatory regimes. The authors use the three countries' regulatory experiences to highlight the importance of differentiating when prudential supervision is warranted and when regulatory oversight suffices, and to identify the agencies to carry out regulation. They address an important issue that has received scant attention, measuring and paying for the costs of regulating microfinance, and the need to build technical capacity of supervisory and regulatory staff.
