Preview

Research Student

Powerful Essays
Open Document
Open Document
10562 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Research Student
CHRISTIAN SERVICE UNIVERSITY COLLEGE
BACHELOR OF BUSINESS ADMINISTRATION

RESEARCH TITLE: Challenges facing mobile bankers of microfinance institutions in Ghana
A case study of Eden microfinance institution in the Kumasi metropolis

GROUP MEMBERS INDEX NUMBER

SUPERVISOR
MISS ABIGAIL ASAMOAH

CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY * In Ghana it is estimated that only 6 percent of the entire population have access to formal financial services, with the majority being denied access (Basu et al., 2004). These individuals and enterprises therefore tend to rely largely on informal sources, including relatives, friends, suppliers and money lenders, for their financial needs (Aryeetey, 1994).

* Ghana’s financial system is characterised by the co-existence of formal and informal financial markets. The formal financial markets comprise of commercial banks, development banks and credit institutions mainly exist in urban areas and offer a narrow range of financial services. They concentrate on providing working capital mainly to medium and large-scale enterprises. Furthermore, the formal financial institutions are inflexible in their operations, with respect to the needs of the small-scale enterprises and the poor people in the rural areas who may not have collateral or well-written feasibility studies to solicit for loans. The microfinance which is basically informal, involves small-scale credit and savings to meet the needs of poor producers. Microfinance institutions also provide skill-based training to enhance productivity and organizational support, and consciousness-building training to empower the poor. Recent studies show that access to microfinance contributes to poverty reduction, particularly for women participants, and to overall poverty reduction at the village level (Khandkar 2005). * * There are a large number of Susu collectors in the informal sector, who provide collection and safekeeping

You May Also Find These Documents Helpful

  • Better Essays

    Graduate Research

    • 925 Words
    • 4 Pages

    This method can be used to measure a y data that’s been collected at some point in time during a research project or even during an experiment which involves specific theories and hypotheses. There is a variety of qualitative methods and each one goes with a specific purpose. And that is going to be determined by the person‘s field of study or theory. Sometimes it takes more than one method, to collect the data.…

    • 925 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Issues of Poverty

    • 575 Words
    • 3 Pages

    Second, actions to alleviate poverty should focus on local needs and be sustainable to maximize its positive impact. We have witnessed the remarkable success of microfinance – a social business that focuses on making financial services accessible to the rural poor. Microfinance fills the gap where large commercial banks are unable to provide due to the cost constraint. Microfinance provides the avenue for the poor to take out small loans to grow their domestic business as well as a relatively safe platform for saving and investment. It has…

    • 575 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Graduate Student

    • 2210 Words
    • 9 Pages

    6. Should the customer be allowed to participate in or assist the contractor in developing a…

    • 2210 Words
    • 9 Pages
    Satisfactory Essays
  • Satisfactory Essays

    College Student

    • 755 Words
    • 4 Pages

    When I watched ABC Special” “I was interested in what the different teenagers thought bullying was and what they thought they should when they witnessed it happening. I wasn’t surprised that some people who bullied other children did it because they wanted to be popular or thought this was the only way to make friends. When children grow up their peers are the most important people in their lives. If their friends think it’s cool to bully someone they don’t want to be the only one to feel that it’s wrong. So they will go along with the bad behavior even if they know it’s wrong. When children are seen in a group physically assaulting another student it is because children feel more in control or powerful in group. If these children were alone they wouldn’t have even wanted to do this at all. I think that females and males have different ways that they bully as well. In the film the boys when they bully they use more physicals means to intimidate and internally make them fear them. In the film few of the young children said female bullies are more verbal they spread rumors and threaten you. These different types of bullying are both harmful and can really make a child feel bad about themselves. The other interesting part in the film was when former bullies discussed why they bullied other kids and what motivated them to do. It seems they were motivated by people being afraid of them and by intimidation. They seem to be happy to make people cry and seemed the more the victims would cry the more they would continue to bully them. If the victim showed and sign of weakness they would use it to their advantage. One of the bullies raved about how he drove one of victims to become bulimic. He would constantly taunt and verbally put her down calling her fat and making her feel bad about her weight. He thought it was funny and he didn’t have any remorse for what he did to other people.…

    • 755 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    College Student

    • 272 Words
    • 2 Pages

    Scott Ramon Seguro Mescudi or also known as KiD CuDi was born on January 30th 1984. KiD CuDi is an American alternative hip-hop recording artist, singer-songwriter, guitarist, record producer and actor from Cleveland, Ohio. KiD CuDi gained much attention after his mix tape in 2008 called “A Kid Named Cudi.” In 2009, his single “Day ‘n’ Nite ended up reaching the top five of the Billboard Hot 100 and Hot R&B/Hip-Hop Songs charts, which was his most famous song so far.…

    • 272 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    College Student

    • 1139 Words
    • 5 Pages

    As a student nurse, I was working in a student assignment group, where we were to make a project for a presentation on “Breast Cancer”. We had four persons in our group. On our meeting day, one of our group members did not come to our group meeting and she also did phone none of us. We were not able to finish our group work because we were missing her part of the project. We did not even know whether she had started her part of the work or not. Our meeting without her part of the work was not productive and we decided to set up another meeting on another day. On next day I met her and asked if everything is fine with her and her family. She confirmed that everything was fine. My expectation was that she would give some explanations or would try to talk about what had happened. She did not show any interest in a further communication. Her behavior was surprising and the same time frustrating for me. I perceived that she was not a responsible person, because before our meeting she did not call us. I also perceived that she did not value and respect other people time. I felt that she even ignored the importance of the group project and the work that she was spouse to complete. The conflict arose in our work group about her part of the work, and we were undecided whether we were to keep on being silent or to start an open discussion about our concerns. Eventually, we did not do very well on our group project and then our group was disbanded when for the next project we had to choose new partners for the group.…

    • 1139 Words
    • 5 Pages
    Good Essays
  • Good Essays

    university student

    • 822 Words
    • 4 Pages

    Asda said it would not deploy Muslims on tills who objected to handling alcohol, while Morrisons, which is based in Bradford where there is a large Muslim community, said it had widespread experience of dealing with the issue and would “respect and work around anyone’s wishes not to handle specific products for religious or cultural reasons”.…

    • 822 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Doctoral Student

    • 375 Words
    • 2 Pages

    What criteria or standards do industrial/organizational consultants use to measure the effectiveness of individuals, groups, and organizations? Is one criteria or standard most effective? Why or why not?…

    • 375 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Researcher

    • 1473 Words
    • 6 Pages

    In computer science, ACID (Atomicity, Consistency, Isolation, Durability) is a set of properties that guarantee that database transactions are processed reliably. In the context of databases, a single logical operation on the data is called a transaction. For example, a transfer of funds from one bank account to another, even involving multiple changes such as debiting one account and crediting another, is a single transaction. The chosen initials refer to the acid test.…

    • 1473 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Microfinance is the provision of savings accounts, loans, insurance, money transfers and other banking services to customers that lack access to traditional financial services, usually because of poverty. It is the provision of financial services to the low income households and micro and small enterprises. The general objective of this study was to investigate the impact of Microfinance on financial empowerment of Micro and Small Enterprises in Kenya. Findings of this research will assist academicians in broadening of the syllabus with respect to this study hence providing a deeper understanding on the impact of microfinance on micro and small enterprises. The research design used for this study was a descriptive research design. According to descriptive research designs certain trends are described and it provides insight on how two variables correlate. 50 micro and small enterprises was considered representative enough considering the limited time frame of the study, financial resources and accuracy, reliability and precision of the information required for the study. Descriptive analysis was used to summarize the characteristics of the respondents. The data was analysed by using statistical package for social sciences (SPSS). The results are presented in Tables of frequency distributions and percentages.…

    • 10477 Words
    • 42 Pages
    Powerful Essays
  • Good Essays

    Researcher

    • 27977 Words
    • 112 Pages

    The Future of HIPAA in the Cloud A white paper by Frank Pasquale and Tara Adams Ragone June 30, 2013 The Future of HIPAA in the Cloud Abstract This white paper examines how cloud computing generates new privacy challenges for both healthcare providers and patients, and how American health privacy laws may be interpreted or amended to address these challenges. Given the current implementation of Meaningful Use rules for health information technology and the Omnibus HIPAA Rule in health care generally, the stage is now set for a distinctive law of “health information” to emerge.…

    • 27977 Words
    • 112 Pages
    Good Essays
  • Powerful Essays

    Researcher

    • 92639 Words
    • 371 Pages

    PAGE Executive Summary......................................................................................................ES-1 Issues and Findings that Informed the Strategic Plan ..................................................ES-1 Goals, Objectives and Actions of the Strategic Plan...................................................ES-8 Strategic Plan Actions .............................................................................................ES-10 Chapter 1. Introduction ............................................................................................ 1-1 Strategic Plan Elements .............................................................................................. 1-1 Chapter 2. CityBus Service Overview ....................................................................... 2-1 Agency Overview ...................................................................................................... 2-1 Existing Fixed Route Services ..................................................................................... 2-1 ACCESS ..................................................................................................................... 2-8 Special Services ......................................................................................................... 2-8 Operating Statistics and Performance Data ................................................................. 2-8 Other Relevant Documents and Studies ................................................................... 2-16 Chapter 3. Transit Operating Environment ............................................................... 3-1 Demographics ........................................................................................................... 3-1 Growth and Development…

    • 92639 Words
    • 371 Pages
    Powerful Essays
  • Good Essays

    Grad Student

    • 306 Words
    • 2 Pages

    Why did the healthcare environment of the 1970s appear attractive to energetic young marketing professionals?…

    • 306 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    microfinance in india

    • 7503 Words
    • 31 Pages

    Kabeer, Naila.2005. Is microfinance a magic bullet for women empowerment? Analysis of South Asia, Economic and Political Weekly, 40(44), 4709-4718.…

    • 7503 Words
    • 31 Pages
    Powerful Essays
  • Powerful Essays

    The introduction of Rural and Community Banks (RCB) into the financial sector of Ghana dates back to the late 1970s. To set the background to this paper it must be noted that before the establishment of RCBs in the late 1970s and the subsequent expansion of other service providers into rural areas, access to institutional credit for farm and nonfarm activities was scarce. People in rural areas resorted all manner of sources or means for credit to assist them in their respective business (Nair & Fissha, 2010).…

    • 5382 Words
    • 18 Pages
    Powerful Essays