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Microfinance in Africa, while not as advanced as in Latin America and Asia, plays a crucial role in poverty alleviation and economic growth. Ghana stands out with a dynamic microfinance sector, highlighted by 358,717 active borrowers and total loans amounting to $131.2 million as of 2009. Additionally, approximately 1.3 million private lenders in the country held around $140.2 million in deposits the same year, showcasing the sector's potential for financial inclusion and development.
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Microfinance Institutions in Ghana: Analysis of the Kraban Support Foundation (KSF), Anonymus
- Language
- Released
- 2011
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- Title
- Microfinance Institutions in Ghana: Analysis of the Kraban Support Foundation (KSF)
- Language
- English
- Authors
- Anonymus
- Publisher
- GRIN Verlag
- Publisher
- 2011
- Format
- Paperback
- ISBN13
- 9783640974689
- Category
- Business and Economics
- Description
- Microfinance in Africa, while not as advanced as in Latin America and Asia, plays a crucial role in poverty alleviation and economic growth. Ghana stands out with a dynamic microfinance sector, highlighted by 358,717 active borrowers and total loans amounting to $131.2 million as of 2009. Additionally, approximately 1.3 million private lenders in the country held around $140.2 million in deposits the same year, showcasing the sector's potential for financial inclusion and development.