IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v55y2023i2p131-145.html
   My bibliography  Save this article

Is microfinance really helping the most vulnerable? An empirical test of the effectiveness of the Ghana’s Microfinance Policy Reform

Author

Listed:
  • Luis Diaz-Serrano
  • Frank G. Sackey

Abstract

The study aims to test the effectiveness of the Ghana Microfinance Policy of 2006 set up to support women and youth through access to credit. Our results show that, after controlling for a large number of variables, female and young entrepreneurs are less likely to be rationed in the access to microcredit and that this is largely determined by the differential treatment that they receive from microfinance institutions. Our analysis using regression decomposition techniques indicates that positive discrimination in favour of women and youth exists. Surprisingly, our results show that government microfinance policy accounts for the most severe rationing behaviour towards the targeted groups by the law.

Suggested Citation

  • Luis Diaz-Serrano & Frank G. Sackey, 2023. "Is microfinance really helping the most vulnerable? An empirical test of the effectiveness of the Ghana’s Microfinance Policy Reform," Applied Economics, Taylor & Francis Journals, vol. 55(2), pages 131-145, January.
    • Handle: RePEc:taf:applec:v:55:y:2023:i:2:p:131-145
    DOI: 10.1080/00036846.2022.2071830
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00036846.2022.2071830
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00036846.2022.2071830?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:55:y:2023:i:2:p:131-145. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.