1st Edition
Microfinance, Livelihoods and Poverty Reduction in Ghana
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.
1 Microfinance and Poverty Reduction: An Introduction 2 The Conceptual, Theoretical and Epistemological Perspectives of Livelihoods, Microfinance and the Rhetoric of Poverty Reduction 3 The Context of the Global Microfinance Industry 4 The State of Financial Services and Financial Inclusion in Ghana 5 Designing Microfinance Products and Services for Financial Inclusion in Ghana 6 Determinants of Microfinance Uptake in Ghana 7 Impacts of Household Access to Microfinance in Ghana 8 Conclusions
Biography
Aaron Alesane lectured with the Faculty of Business and Social Sciences at the Academic City University College, Ghana. He currently works with the Council for Scientific and Industrial Research, Institute of Industrial Research and is Head of the Business and Information Services Division.
