Microfinance and Rural Household Development
Summary. A study of 139 rural households in Ghana's Upper West Region finds that microfinance borrowers divert significant loan portions toward household consumption rather than productive investment. While this generates moderate improvements in household productivity and welfare, microfinance's overall impact on rural community development remains modest. The findings suggest microfinance alone does not reliably reduce poverty or drive rural economic growth.
Cite this article
Kotir, J. H., & Obeng‐Odoom, F.. (2009). Microfinance and Rural Household Development. Journal of Developing Societies. https://doi.org/10.1177/0169796x0902500104
Kotir, Julius H., and Franklin Obeng‐Odoom. “Microfinance and Rural Household Development.” Journal of Developing Societies, 2009. https://doi.org/10.1177/0169796x0902500104.
Kotir, Julius H., and Franklin Obeng‐Odoom. 2009. “Microfinance and Rural Household Development.” Journal of Developing Societies. https://doi.org/10.1177/0169796x0902500104.
@article{kotir-2009-microfinance-rural-household-development,
title = {Microfinance and Rural Household Development},
author = {Julius H. Kotir and Franklin Obeng‐Odoom},
journal = {Journal of Developing Societies},
year = {2009},
doi = {10.1177/0169796x0902500104},
url = {https://doi.org/10.1177/0169796x0902500104}
}
TY - JOUR TI - Microfinance and Rural Household Development AU - Julius H. Kotir AU - Franklin Obeng‐Odoom JO - Journal of Developing Societies PY - 2009 DO - 10.1177/0169796x0902500104 UR - https://doi.org/10.1177/0169796x0902500104 ER -
Details
- DOI
- 10.1177/0169796x0902500104
- Countries
- Ghana
- Regions
- Africa
- Categories
- funding, entrepreneurship
- Added
- 2026-04-28