Synthesis of Microfinance and Technical Efficiency: Implications for Poverty Reduction in Ghana

Samuel Erasmus Alnaa, Ferdinand Ahiakpor


This paper uses field survey data to assess the mechanism through which microfinance can
reduce poverty among rural households in the Upper East Region of Ghana. Data was
collected from 500 women engaged in agro processing of whom 250 were beneficiaries of
microfinance. The results from the Ordinary Least Square estimation reveal that an increase
in technical efficiency of microfinance beneficiary has a positive impact on poverty reduction.
In this regard, microfinance institutions are edged to incorporate training and business
advisory services as part of their service delivery so as to make their clients more technically

Full Text:



Copyright (c) 2015 Samuel Erasmus Alnaa, Ferdinand Ahiakpor

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Research in Applied Economics ISSN 1948-5433


Copyright © Macrothink Institute   

To make sure that you can receive messages from us, please add the '' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.