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The impact of micro-financing on the empowerment of women in Ghana:A Case Study of Akad Microfinance

A thesis submitted to the School of Business, Kwame Nkrumah University of Science and Technology (Knust) in partial fulfillment of the requirements for the degree of masters in business administration, Finance option.

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Main Author: AGYEMENG-DUAH, BENJAMIN
Format: Thesis
Language:English
Published: 2016
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access_status_str Open Access
author AGYEMENG-DUAH, BENJAMIN
author_browse AGYEMENG-DUAH, BENJAMIN
author_facet AGYEMENG-DUAH, BENJAMIN
author_sort AGYEMENG-DUAH, BENJAMIN
collection Thesis
description A thesis submitted to the School of Business, Kwame Nkrumah University of Science and Technology (Knust) in partial fulfillment of the requirements for the degree of masters in business administration, Finance option.
format Thesis
id oai:ir.knust.edu.gh:123456789/8541
institution KNUST (Ghana)
language English
last_indexed 2026-06-10T12:31:22.621Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana)
publishDate 2016
publishDateRange 2016
publishDateSort 2016
record_format dspace
source_str KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana)
spelling oai:ir.knust.edu.gh:123456789/8541 The impact of micro-financing on the empowerment of women in Ghana:A Case Study of Akad Microfinance AGYEMENG-DUAH, BENJAMIN A thesis submitted to the School of Business, Kwame Nkrumah University of Science and Technology (Knust) in partial fulfillment of the requirements for the degree of masters in business administration, Finance option. The research focused on the impact of micro-financing on the empowerment of women in Ghana. The specific objectives of the study were to assess the level of satisfaction with regards to micro-finance services to women, determine challenges that women face in accessing loans from financial institutions, assess the extent to which micro-finance can be a tool for poverty alleviation among women, identify the constraints encountered by the micro-finance industry in poverty alleviation and how best they can be resolved. A survey as a sampling technique was used to select the sample. Questionnaires were used to get the response of the respondents. Descriptive statistics was used for the study. It was revealed from the analysis that AKAD microfinance empowers women in several ways. It has helped most of them build successful business yet there are some challenges that face the women in accessing loan from AKAD microfinance. Some of these challenges are high interest rate, lack of collateral and short payback period. It also came to light that the reason why most of the women were refused loans was lack of trust. From the study, strategies of improving access to loans in reducing poverty among women were reduction of interest rates, relaxing the conditions of loans and increasing payback period. KNUST 2016-04-08T10:11:58Z 2023-04-21T14:56:41Z 2016-04-08T10:11:58Z 2023-04-21T14:56:41Z JULY, 2015 Thesis https://ir.knust.edu.gh/handle/123456789/8541 en application/pdf
spellingShingle AGYEMENG-DUAH, BENJAMIN
The impact of micro-financing on the empowerment of women in Ghana:A Case Study of Akad Microfinance
title The impact of micro-financing on the empowerment of women in Ghana:A Case Study of Akad Microfinance
title_full The impact of micro-financing on the empowerment of women in Ghana:A Case Study of Akad Microfinance
title_fullStr The impact of micro-financing on the empowerment of women in Ghana:A Case Study of Akad Microfinance
title_full_unstemmed The impact of micro-financing on the empowerment of women in Ghana:A Case Study of Akad Microfinance
title_short The impact of micro-financing on the empowerment of women in Ghana:A Case Study of Akad Microfinance
title_sort impact of micro financing on the empowerment of women in ghana a case study of akad microfinance
url https://ir.knust.edu.gh/handle/123456789/8541
work_keys_str_mv AT agyemengduahbenjamin theimpactofmicrofinancingontheempowermentofwomeninghanaacasestudyofakadmicrofinance
AT agyemengduahbenjamin impactofmicrofinancingontheempowermentofwomeninghanaacasestudyofakadmicrofinance