IDEAS home Printed from
   My bibliography  Save this article

The Impacts Of A Microfinance Lending Scheme On Clients In Ghana


  • Paul A. Onyina
  • Sean Turnell


Owning to the success of the Grameen Bank and other microfinance institutions in recent years, microfinance institutions’ role as a potential policy tool in poverty alleviation has received considerable attention. Empirical evidence from existing research shows some positive results in poverty reduction from some microfinance programs. This paper adds to existing literature on the industry by evaluating the effects of microfinance on clients who have received loans from the Sinapi Aba Trust of Ghana. Our data show that earlier clients in the program received greater impacts and are more empowered from the program than new clients, even though the latter on average receive larger volumes of credit. We construct empowerment indicators, finding that years of membership duration with the SAT lending scheme matters in empowering clients. The results show that old clients are more likely to purchase assets, expand their businesses, and spend larger amounts on their children’s education than new clients.

Suggested Citation

  • Paul A. Onyina & Sean Turnell, 2013. "The Impacts Of A Microfinance Lending Scheme On Clients In Ghana," Accounting & Taxation, The Institute for Business and Finance Research, vol. 5(2), pages 79-88.
  • Handle: RePEc:ibf:acttax:v:5:y:2013:i:2:p:79-88

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Frederick Murdoch Quaye & Valentina Hartarska, 2016. "Investment Impact of Microfinance Credit in Ghana," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(3), pages 137-150, March.
    2. Parveneh Shahnoori & Glenn P. Jenkins, 2015. "Value of E-Banking to Small and Medium-Sized Enterprises," Development Discussion Papers 2015-09, JDI Executive Programs.

    More about this item


    MFIs; Credit; Impact; Assets; Income;

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance


    Access and download statistics


    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:ibf:acttax:v:5:y:2013:i:2:p:79-88. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mercedes Jalbert). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.