Selasi Ayittey | University of Professional Studies, Accra (UPSA) (original) (raw)
Selasi graduated from University of Professional Studies, Accra (UPSA) in 2018 with Bsc Banking and Finance. Research Enthusiast, Insurance and Microfinance Lover.
Phone: +233240229884
Address: Petal Close
Regimanuel Estates, Community 18
Accra, Ghana 🇬🇭
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Kwame Nkrumah University of Science and Technology, Kumasi Ghana
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Papers by Selasi Ayittey
In Ghana, micro finance institutions have been on the rise with micro credits, micro savings amo... more In Ghana, micro finance institutions have been on the rise with micro credits, micro savings among other facilities having been portrayed as a way to reach poor people in the development process, and as a new innovative strategy for alleviating poverty. The failure of many women to exploit fully the products and services offered to them by the Micro finance institutions may influence the growth of women owned enterprises. Thus, this study aimed to analyze the role of microfinance institutions on growth of women owned enterprises in La Dade-Kotopon Municipality, Accra. The study was guided by the following objectives: to assess the extent to which access to credit facilities influence the growth of women owned enterprises; to examine the influence of micro savings on growth of women owned enterprises; and to find out the influence of training and advisory services on growth of women owned enterprises.
The study used a sample size of 150 women entrepreneurs who have benefited from microfinance services from Adipa Microfinance and La Community Bank offices in La, Accra by questionnaire. The data gathered from the field were analysed and presented by means of inferential statistics and descriptive statistics such as mean, standard deviation, frequency tables, and percentages using SPSS version 24 software. The findings from the study showed that there was a positive effect of access to credit facilities from microfinance institutions to growth of women business enterprises. The access to loan facilities has the highest association with the growth of women business enterprises compare to other variables. There was a positive association between trainings and investment advisory service and microfinance institutions influence growth of women enterprises. The recommendations of the study are that the financial institutions should increase the amount of loans to the women enterprises as the data in this study had shown that the loans allocated were not sufficient.
In Ghana, micro finance institutions have been on the rise with micro credits, micro savings amo... more In Ghana, micro finance institutions have been on the rise with micro credits, micro savings among other facilities having been portrayed as a way to reach poor people in the development process, and as a new innovative strategy for alleviating poverty. The failure of many women to exploit fully the products and services offered to them by the Micro finance institutions may influence the growth of women owned enterprises. Thus, this study aimed to analyze the role of microfinance institutions on growth of women owned enterprises in La Dade-Kotopon Municipality, Accra. The study was guided by the following objectives: to assess the extent to which access to credit facilities influence the growth of women owned enterprises; to examine the influence of micro savings on growth of women owned enterprises; and to find out the influence of training and advisory services on growth of women owned enterprises.
The study used a sample size of 150 women entrepreneurs who have benefited from microfinance services from Adipa Microfinance and La Community Bank offices in La, Accra by questionnaire. The data gathered from the field were analysed and presented by means of inferential statistics and descriptive statistics such as mean, standard deviation, frequency tables, and percentages using SPSS version 24 software. The findings from the study showed that there was a positive effect of access to credit facilities from microfinance institutions to growth of women business enterprises. The access to loan facilities has the highest association with the growth of women business enterprises compare to other variables. There was a positive association between trainings and investment advisory service and microfinance institutions influence growth of women enterprises. The recommendations of the study are that the financial institutions should increase the amount of loans to the women enterprises as the data in this study had shown that the loans allocated were not sufficient.