Microfinance as a Mechanism for Women Empowerment: A Case Study of Techiman Municipality in Ghana

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Romanus D. Dinye
Romanus D. Dinye
σ
Irene Nora Dinye
Irene Nora Dinye
α Kwame Nkrumah University of Science and Technology Kwame Nkrumah University of Science and Technology

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Microfinance as a Mechanism for Women Empowerment: A Case Study of Techiman Municipality in Ghana

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Abstract

This paper seeks to make an informed contribution to the ensuing debate on the real significance of microfinance as a strategic instrument for poverty reduction with particular reference to the empowerment of women in developing countries. Most women in these countries are faced with certain challenges which hinder the realisation of their full potential of capabilities. After a review of pertinent literature on microfinance and women empowerment, inferences are drawn for subsequent conclusion from a case study of women involved in the operations of the Opportunity International Savings and Loans Limited (OISL), a microfinance institution in the Techiman Municipality in Ghana. A census survey of the target group was intended but the practical realities of capture covered a high of 90 out of the total of 116 women beneficiaries representing a coverage of 77 percent at confidence level of 95 percent with an acceptable 0.05 margin of error.

References

20 Cites in Article
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  20. (2013). Microfinance as a Mechanism for Women Empowerment: A Case Study of Techiman Municipality in Ghana.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Romanus D. Dinye. 2013. \u201cMicrofinance as a Mechanism for Women Empowerment: A Case Study of Techiman Municipality in Ghana\u201d. Global Journal of Human-Social Science - C: Sociology & Culture GJHSS-C Volume 13 (GJHSS Volume 13 Issue C4): .

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Issue Cover
GJHSS Volume 13 Issue C4
Pg. 33- 45
Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Version of record

v1.2

Issue date

August 16, 2013

Language
en
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This paper seeks to make an informed contribution to the ensuing debate on the real significance of microfinance as a strategic instrument for poverty reduction with particular reference to the empowerment of women in developing countries. Most women in these countries are faced with certain challenges which hinder the realisation of their full potential of capabilities. After a review of pertinent literature on microfinance and women empowerment, inferences are drawn for subsequent conclusion from a case study of women involved in the operations of the Opportunity International Savings and Loans Limited (OISL), a microfinance institution in the Techiman Municipality in Ghana. A census survey of the target group was intended but the practical realities of capture covered a high of 90 out of the total of 116 women beneficiaries representing a coverage of 77 percent at confidence level of 95 percent with an acceptable 0.05 margin of error.

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Microfinance as a Mechanism for Women Empowerment: A Case Study of Techiman Municipality in Ghana

Romanus D. Dinye
Romanus D. Dinye Kwame Nkrumah University of Science and Technology
Irene Nora Dinye
Irene Nora Dinye

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