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Gender Inequality and Access to Microfinance: Evidence from Ghana

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  • Theresa Mannah-Blankson

    (Department of Business and Management, Messiah College, USA)

Abstract

This paper draws on the qualitative and quantitative evidence from a dataset generated from a survey of 499 households in Ghana to explore the implications of access to microfinance for the gender asset gaps. Two sets of statistical analysis are undertaken. The first is a cross-sectional regression analysis that examines the importance of microfinance for intra-household gender wealth inequality. The second uses the Oaxaca-Blinder decomposition method to examine the gaps in wealth between female-headed and male-headed households. The results show that higher access to microfinance is associated with lower gender asset gaps within and across households. The evidence suggests that targeting credit to financially constrained households, and in particular to women, can contribute to reducing poverty and gender inequality

Suggested Citation

  • Theresa Mannah-Blankson, 2018. "Gender Inequality and Access to Microfinance: Evidence from Ghana," Journal of African Development, African Finance and Economic Association (AFEA), vol. 20(2), pages 21-33.
  • Handle: RePEc:afe:journl:v:20:y:2018:i:2:p:21-33
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    8. Asongu, Simplice & Uduji, Joseph & Okolo-Obasi, Elda, 2019. "Thresholds of External Flows for Inclusive Human Development in Sub-Saharan Africa," MPRA Paper 101521, University Library of Munich, Germany.
    9. Asongu, Simplice A. & Nnanna, Joseph & Acha-Anyi, Paul N., 2020. "Inequality and gender economic inclusion: The moderating role of financial access in Sub-Saharan Africa," Economic Analysis and Policy, Elsevier, vol. 65(C), pages 173-185.
    10. Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Inequality and the Economic Participation of Women in Sub-Saharan Africa: An Empirical Investigation," Working Papers of the African Governance and Development Institute. 19/027, African Governance and Development Institute..
    11. Simplice A. Asongu & Nicholas M. Odhiambo, 2018. "ICT, Financial Access and Gender Inclusion in the Formal Economic Sector: Evidence from Africa," The African Finance Journal, Africagrowth Institute, vol. 20(2), pages 45-65.
    12. Simplice A. Asongu & Nicholas M. Odhiambo, 2020. "The role of Globalization in Modulating the Effect of Environmental Degradation on Inclusive Human Development," Working Papers of the African Governance and Development Institute. 20/015, African Governance and Development Institute..
    13. Asongu, Simplice & Odhiambo, Nicholas, 2019. "Foreign Aid Complementarities and Inclusive Human Development in Africa," MPRA Paper 101086, University Library of Munich, Germany.
    14. Simplice A. Asongu & Nicholas M. Odhiambo, 2022. "Enhancing ICT for Female Economic Participation in Sub-Saharan Africa," Working Papers 22/002, European Xtramile Centre of African Studies (EXCAS).
    15. Simplice Asongu & Joseph Nnanna, 2020. "Inclusive human development in sub-Saharan Africa," Journal of Enterprising Communities: People and Places in the Global Economy, Emerald Group Publishing Limited, vol. 14(2), pages 183-200, May.
    16. Simplice A. Asongu & Nicholas M. Odhiambo, 2021. "The role of inclusive education in governance for inclusive economic participation: gender evidence from sub-Saharan Africa," Research Africa Network Working Papers 21/097, Research Africa Network (RAN).
    17. Simplice A. Asongu & Mushfiqur Rahman & Mohammad Alghababsheh, 2022. "Information Technology, Business Sustainability and Female Economic Participation in Sub-Saharan Africa," Working Papers 22/057, European Xtramile Centre of African Studies (EXCAS).
    18. Vanessa S. Tchamyou & Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "The Role of ICT in Modulating the Effect of Education and Lifelong Learning on Income Inequality and Economic Growth in Africa," African Development Review, African Development Bank, vol. 31(3), pages 261-274, September.
    19. Asongu, Simplice A. & Nnanna, Joseph & Acha-Anyi, Paul N., 2020. "Finance, inequality and inclusive education in Sub-Saharan Africa," Economic Analysis and Policy, Elsevier, vol. 67(C), pages 162-177.
    20. Simplice A. Asongu & Joseph Nnanna & Paul N. Acha-Anyi, 2020. "Inclusive Education for Inclusive Economic Participation: the Financial Access Channel," Research Africa Network Working Papers 20/019, Research Africa Network (RAN).
    21. Simplice A. Asongu & Samba Diop & Amsalu K. Addis, 2023. "Governance, Inequality and Inclusive Education in Sub-Saharan Africa," Forum for Social Economics, Taylor & Francis Journals, vol. 52(1), pages 43-68, January.
    22. Hyung Baek Lim & Chulwoo Kim, 2020. "The failure of a rural development project: South Korean official development assistance in the Democratic Republic of the Congo," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 10(1), pages 259-269, June.
    23. Tolulope Osinubi & Simplice Asongu, 2020. "Globalization and female economic participation in MINT and BRICS countries," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 48(6), pages 1177-1193, October.
    24. Asongu, Simplice A. & Odhiambo, Nicholas M., 2020. "Inequality and gender inclusion: Minimum ICT policy thresholds for promoting female employment in Sub-Saharan Africa," Telecommunications Policy, Elsevier, vol. 44(4).
    25. Joseph Ikechukwu Uduji & Elda N. Okolo‐Obasi & Simplice A. Asongu, 2019. "Corporate social responsibility and the role of rural women in sustainable agricultural development in sub‐Saharan Africa: Evidence from the Niger Delta in Nigeria," Sustainable Development, John Wiley & Sons, Ltd., vol. 27(4), pages 692-703, July.

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    More about this item

    Keywords

    Africa; Gender Inequality; Ghana; Intra-Household Analysis; and Microfinance;
    All these keywords.

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation

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