Microfinance Intervention in Poverty Reduction: A Study of Women Farmer-Entrepreneurs in Rural Ghana

摘要

This paper examines microfinance intervention in rural poverty reduction in Ghana by surveying 100 rural women farmer-entrepreneurs. The findings reveal that microfinance interventions that emphasize both credit provision and social intermediation improve access to credit, improve business performance, and contribute to a higher standard of living for female farmer-entrepreneurs and their families. The results show that the microfinance scheme has been successful due to a strong social network and group relationships among the farmers. An implication of the study is that poverty reduction programs in developing countries need to emphasize social and human development components in microfinancing policies.