Improving loan repayment in Ghana: Does financial literacy matter?
نویسندگان
چکیده
منابع مشابه
Loan Repayment and Its Implication on Agricultural Financing in Ghana-The Case of MiDA Agriculture Program
The study investigated performance of loan repayment among rice farmers under the MiDA agricultural credit programme in the Hohoe Municipality. Primary data was collected from 120 farmers from four beneficiary towns while secondary data was gathered from literatures and various actors. Multistage random sampling technique was used to select the respondents. Obtained data were analyzed using t-t...
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Recent evidence suggests heterogenous impacts of microfinance loans, with limited average effects on enterprise growth among the poor. One possibility is that the rigidity of the classic microcredit contract – widely held to be important for reducing default – inhibits investment in microenterprises. To explore these trade-offs, we provide experimental estimates of the consequences for client r...
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This paper examines the impact of a public credit registry on the repayment behavior of borrowers. We implement an experimental credit market in which loan repayment is not third-party enforceable. We compare market outcome with a credit registry to that without a credit registry. This experiment is conducted for two market environments: first a market in which interactions between borrowers an...
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this paper explores the effectiveness of financial literacy programs. it further seeks to establish the relationship between financial literacy and certain demographic characteristics. this study adopted a correlational research design as the framework to examine the relationship between variables without determining cause and effect. data were randomly collected from 235 petty traders in kumas...
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ژورنال
عنوان ژورنال: Cogent Economics & Finance
سال: 2020
ISSN: 2332-2039
DOI: 10.1080/23322039.2020.1787693