Enoch Kwame Tham-agyekum

Macroeconomic Policies and Microfinance Services Delivery in Ghana: Changes in Macroeconomic Policies (2001-2010) and Their Implications for Microfinance Services Delivery in Ghana Enoch Kwame Tham-agyekum

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).