Does Microfinance Alleviate the Financing Constraints of Ghanaian Small Businesses?
AbstractThe paper examines the impact of MFIs on microenterprises in Ghana. Employing the financing constraints approach and using 2007 BEEPS data, supported with a Propensity Score Matching method, results indicate that unconstrained microenterprises are less sensitive to internal funds and thus MFIs have alleviated financing constraints to an appreciable level.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida with number 143076.
Date of creation: 2013
Date of revision:
Microfinance; Financing Constraints; Cash flow sensitivity; Investment; Internal funds; Agricultural Finance; Financial Economics; G21;
Find related papers by JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
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