Journal of African Studies and Development
Subscribe to JASD
Full Name*
Email Address*

Article Number - E37299747532


Vol.6(8), pp. 132-139 , October 2014
DOI: 10.5897/JASD2014.0285
ISSN: 2141-2189



Full Length Research Paper

The impact of Plan Ghana’s microfinance scheme on poverty reduction among women in Lower Manya Krobo



John-Engelbert Seddoh
  • John-Engelbert Seddoh
  • Business School, University of Cape Coast, Cape Coast, Ghana.
  • Google Scholar







 Received: 08 April 2014  Accepted: 08 July 2014  Published: 31 October 2014

Copyright © 2014 Author(s) retain the copyright of this article.
This article is published under the terms of the Creative Commons Attribution License 4.0


The main purpose of the study was to assess the impact of Plan Ghana’s Microfinance Scheme on the livelihoods of female beneficiaries in the Lower Manya Krobo Municipality of the Eastern Region of Ghana. A descriptive survey design was adopted and 180 sample size was used. The study showed that the scheme had improved beneficiaries’ lives tremendously in areas of health, child education, personal development, and business sustainability. The study also recommended that Plan Ghana intensifies the training programme for its clients.

 

Key words: Lower Manya- Krobo, microfinance, Plan Ghana, poverty reduction.

Aasoglenang T (2000). The District Assembly Common Fund: a case of Nandom in the Lawra District. Unpublished project work, University of Development Studies, Tamale.

 

Adams DW (1984). Undermining rural development with cheap credit. Boulder and London: Westview Press.

 

Afrane S (1997). Transformation research: an assessment of the impact of Micro enterprises financing on clients of Sinapi Aba Trust, Kumasi. A report prepared for Sinapi Aba Trust – A Microfinancing Agency, Ghana.

 

Akyeampong K (2002). Microcredit for African women. Retrieved on December 12, 2011 from http://www.modernghana.com/news/110942/1/micro-credit-for-african-women.html

 

Berger M (1989). Giving women credit: The strengths and limitations as a tool for alleviating poverty. World Development, 17(7), 34.
http://dx.doi.org/10.1016/0305-750X(89)90165-4

 

Best JW, Kahn JV (1995). Research in education. New Delhi: Prentice Hall of India.

 

Cheston S, Kuhn L (2002). Empowering women through microfinance. In: S. Daley-Harris (Ed), pathways out of poverty: Innovations in microfinance for the poorest families Bloomfield: Kumarian Press. pp.167-228.

 

Cheston S, Kuhn L (2002). Empowering women through microfinance. Washington, D.C.: UNIFEM for Micro-credit Summit.

 

Clark P, Kay A (1995). Micro-enterprise assistance: What are we learning about results? Self employment learning project. Washington D. C.: Aspen Institute.

 

Derbile EK (2003). Women in non-farm enterprise development and poverty reduction in Kasena-Nankane District of Northern Ghana. Unpublished master's thesis, KNUST, Kumasi, Ghana.

 

Edusei E (2008). Assessing the impact of microfinance interventions on the performance of small and medium scale enterprises (SMEs). A Case Study of Sinapi Aba Trust and First Allied Savings and Loans Ltd in the Kumasi Metropolis.

 

Eriksson LT, Weidersheim-Paul F (1997). Att utreda, forska och rapportera. Malmö: Liber Ekonomi

 

Fraenkel J, Wallen NE (2000). How to design and evaluate research in education (4th ed.) San Francisco: McGraw Hill Companies.

 

Ghana Poverty Reduction Strategy I [GPRS]. (2003). http://siteresources.worldbank.org/INTPRS1/Resources/Country-Papers-and-JSAs/Ghana_PRSP_APR.pdf

 

Giersing J (1999). Finance against all odds: Explaining the success of microcredit as a poverty alleviator in Bangladesh. CMI thesis Copenhagen Business School.

 

Guerin I (2006). Women and money: Lessons from Senegal. Development and Change, 37(3):549-570.
http://dx.doi.org/10.1111/j.0012-155X.2006.00490.x

 

Hanak I (2000). "Working her way out of poverty" microcredit programme undelivered promises in poverty alleviation. J. Fur Entwicklungspolitik, 14(19): 303 –328.

 

Hashemi SM, Schuler SR, Riley AP (1996). Rural credit programmes and women's empowerment in Bangladesh, World Development, 24: 239 –267
http://dx.doi.org/10.1016/0305-750X(95)00159-A

 

Helms B (2006). Access for all: Building inclusive financial systems. Washington, D. C.: The World Bank. P. 97.
http://dx.doi.org/10.1596/978-0-8213-6360-7

 

International Labour Organisation [ILO]. (1998). Women in the informal sector and their access to microfinance. Paper prepared for the Inter-Parliamentary Union (IPU) Annual Conference, Windhoek, Namibia, 2nd – 11th April, ILO, Geneva.

 

Jellema J, Hernandez MM (2002). Empowerment of women in Cuba: Experiences of SOFIA mentor programme in adult education development. Bonn: Thenee Druck Johnson S, Rogaly B (1997). Microfinance and poverty reduction. London: ActionAid, Oxfam.

 

Khandker S (1998). Fighting poverty with microcredit: Experience in Bangladesh. New York: Oxford University Press/World Bank.

 

Khandker SR (1998). Fighting poverty with micro credit: Experience in Bangladesh. New York: Oxford University Press.

 

Ledgerwood J (2000). Microfinance handbook: An International and financial Perspective. Washington D.C.: The World Bank, p. 6.

 

Mayoux L (2002). Women's empowerment and participation in microfinance: Evidence, issues and ways forwards. In: Mayoux, L. (Ed.), Sustainable learning for women's empowerment: Ways forward in New Delhi: Sanskriti. microfinance pp.342-378.

 

Microcredit Summit Campaign. (2002). State of microcredit report. Washington, D. C.: Microcredit Summit Campaign.

 

MKNelly B, McCord M (2001). Theme paper: Credit with education on women's empowerment. Freedom from Hunger. Draft.

 

Nwana OC (1995). Introduction to educational research for student teachers. Ibadan: Heinemann Educational Books Ltd.

 

Obeng CK (2011). The impact of micro-credit on poverty reduction in rural areas- a case study of Jaman North District, Ghana. A CEMBA thesis submitted to IDL, KNUST, Kumasi.

 

Otero M, Rhyne E (1994).The new world of microenterprise finance. London: IT Publications.

 

Robinson M (2003). The microfinance revolution: Sustainable finance for the poor. Washington D.C.: World Bank.

 

Sherpa H (2001). World Education response to e-mail survey, 20 October 2001.

 

Scully ND (2004). Microcredit no panacea for poor women. Retrieved http://www.gdrc.org/icm/wind/micro.html

 

Shylendra HS (2007). Microfinance Bill: Missing the Forest For The Tress," Econ. Political Weekly 42(27):2910-2914.

 

Steel W, Andah D (2003). Africa Working paper Series Washington, D. C.: World Bank p. 49.

 

Todaro MP (2000). A model of labour countries. Am. Econ. Rev. 59:237-332.

 

United Nations. (2004). Strengthening Africa's microfinance institution institutions. New York: UN.

 

URWEGO. (1999). Impact assessment of TF UK clients in the world relief. Kagali: URWEGO Programme.

 

World Bank. (1997). Voices of the poor: Poverty and social capital in Tanzania. Environmentally and Socially Sustainable Development Studies and Monograph Series, Washington, D. C.: World Bank. p.20.

 

World Bank (2005). Microfinance in India: Issues, challenges and policy options. Washington DC World Bank.

 

Yunus M (2003). Expanding microcredit outreach to reach the millennium development goal- some issues for attention. Presented at the International Seminar on "Attacking Poverty with Microcredit", Organised by PKSF in Dhaka, January 8 –9.

 


APA Seddoh, J. E. (2014). The impact of Plan Ghana’s microfinance scheme on poverty reduction among women in Lower Manya Krobo. Journal of African Studies and Development, 6(8), 132-139.
Chicago John-Engelbert Seddoh. "The impact of Plan Ghana’s microfinance scheme on poverty reduction among women in Lower Manya Krobo." Journal of African Studies and Development 6, no. 8 (2014): 132-139.
MLA John-Engelbert Seddoh. "The impact of Plan Ghana’s microfinance scheme on poverty reduction among women in Lower Manya Krobo." Journal of African Studies and Development 6.8 (2014): 132-139.
   
DOI 10.5897/JASD2014.0285
URL http://academicjournals.org/journal/JASD/article-abstract/E37299747532

Subscription Form