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• W4461 abstract "This paper examines the extent to which microfinance has contributed to poverty reduction inGhana by supporting their clients with both financial and non-financial services to build uptheir asset base. The study found that participation in the programme has enabled establishedclients to own savings deposits and subscribe to a client welfare scheme to pay off debts intimes of illness or death. They were also found to be in a better position to contribute towardsthe education of their children, payment of health care for members of their households and thepurchase of household durables. The study further noted that clients who remained in microfinanceprogrammes for long periods of time suffered from diminishing marginal returns. Thereshould be some form of up-scaling to accommodate these clients or they should be able to joinother financial service providers in the formal sector in order to benefit fully from a participationin microfinance programmes." @default.
• W4461 created "2016-06-24" @default.
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• W4461 date "2009-01-01" @default.
• W4461 modified "2023-09-26" @default.
• W4461 title "Asset Building and Poverty Reduction in Ghana: The Case of Microfinance" @default.
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