Record Details

Success of Microfinance Institutions: The Ghanaian Experience

International Business and Management

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Field Value
 
Title Success of Microfinance Institutions: The Ghanaian Experience
 
Creator Aveh, F. K.
Dadzie, P. S.
Krah, R. Y.
 
Subject
Success; Microfinance; Sustainability; Remuneration

 
Description Success in microfinance refers to measures which when adopted will significantly improve the life and operations of the institutions though many authors have different views on what constitute success. The following imperatives have been used to scan success of microfinance institutions (MFIs): acquiring more clients, effective and efficient loan processing, effective record keeping, increased savings, external and internal audits, level of staff remuneration and staff turnover rate. The research was based on both qualitative and quantitative approaches. First, interviews were held with selected CEOs from all the categories of MFIs in Ghana. This was followed by self-administered survey involving 130 microfinance institutions. The results indicated that all the perceived factors were significant in determining the success of MFIs. Key words: Success; Microfinance; Sustainability; Remuneration
 
Publisher Canadian Research & Development Center of Sciences and Cultures
 
Contributor
 
Date 2013-05-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier http://www.cscanada.net/index.php/ibm/article/view/j.ibm.1923842820130602.1065
10.3968/j.ibm.1923842820130602.1065
 
Source International Business and Management; Vol 6, No 2 (2013): International Business and Management; 91-97
1923-8428
1923-841X
 
Language eng
 
Relation http://www.cscanada.net/index.php/ibm/article/view/j.ibm.1923842820130602.1065/pdf
 
Coverage