Microfinance, also called microcredit, is a type of banking service that is provided to unemployed or low-income individuals or groups who otherwise have no other access to financial services.
Microfinance is, therefore, seen as a financially sustainable instrument capable of providing capital for and ensuring growth and sustainability in the private informal sector ignored by traditional commercial banks. Microfinance in Ghana is, however, plague with a lot of challenges; poor recovery rate, lack of capital for sustainability.
This article presents the findings from a 5-week exploratory research project on microfinance in Ghana. The aim of this project was to develop initial hypotheses that can be tested in a follow-up.
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Microfinance Institutions in Ghana: Analysis of the Kraban Support Foundation (KSF) - - Term Paper - Economics - Finance - Publish your bachelor's or master's thesis, dissertation, term paper or essay.
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