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Microfinance has been found to be the most appropriate way to provide financial services to a majority of Ghanaians. With a more stable economy, more microfinance Institutions are likely to spring up. MFIs should narrow the gap between nominal saving rate and nominal lending rate to induce clients to save and invest. Microfinance is an attractive development strategy for a wide spectrum of actors, combining values of market-driven service provision, entrepreneurship, self-help, and aid to the poor (Otero & Rhyne, 2001).

Produktbeschreibung
Microfinance has been found to be the most appropriate way to provide financial services to a majority of Ghanaians. With a more stable economy, more microfinance Institutions are likely to spring up. MFIs should narrow the gap between nominal saving rate and nominal lending rate to induce clients to save and invest. Microfinance is an attractive development strategy for a wide spectrum of actors, combining values of market-driven service provision, entrepreneurship, self-help, and aid to the poor (Otero & Rhyne, 2001).
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Autorenporträt
Main Author is a distinguished researcher in the field of agricultural extension and rural development. He holds a Bachelor of Science degree in Agriculture from KNUST-Kumasi and is currently pursuing a Master of Philosophy degree in Agricultural Extension at the University of Ghana. He has a lot of research publications to his credit.