The Role of Microfinance in Africa: A Review of Outcomes from Ghana and Nigeria

Alhassan, Yahaya, Kuagbela, Francis, Nurokina, Caesar and Appiah, Bernard (2021) The Role of Microfinance in Africa: A Review of Outcomes from Ghana and Nigeria. In: Microfinance and Sustainable Development in Africa. IGI Global Publishing. ISBN 9781799874997 (In Press)

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Abstract

This chapter examines the role of microfinance in developing countries, particularly Ghana and Nigeria. The chapter begins with an overview of the link between microfinance, poverty and women empowerment in the chapter introduction. The background to the chapter setting out the main difference between microfinance and microcredit is provided next. The role of microfinance in contemporary development finance is then discussed. In this context, existing literature on the role of microfinance in reducing poverty, women empowerment, microenterprise development and economic growth is extensively reviewed. Key solutions and recommendations are then presented next, followed by future research direction and the chapter conclusion.

Item Type: Book Section
Subjects: Business and Management > Accounting and Finance
Business and Management > Business
Business and Management > Business and Management
Divisions: University of Sunderland in London
Related URLs:
Depositing User: Yahaya Alhassan
Date Deposited: 25 Nov 2021 14:17
Last Modified: 25 Nov 2021 14:17
URI: http://sure.sunderland.ac.uk/id/eprint/14125
ORCID for Yahaya Alhassan: ORCID iD orcid.org/0000-0001-6700-635X

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