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Rural and micro finance regulation in Ghana: implications for development and performance of the industry

William F. Steel, David O. Andah · 2003 · SSRN Electronic Journal

Summary. Ghana's regulatory framework for rural and microfinance institutions shaped the development of diverse formal, semi-formal, and informal providers serving different market segments. The study finds that overly permissive early entry policies created weak institutions using untested methodologies, damaging credibility and straining supervision resources. Effective regulation requires balancing market access for broader outreach against prudential standards and adequate supervisory capacity.

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Steel, W. F., & Andah, D. O.. (2003). Rural and micro finance regulation in Ghana: implications for development and performance of the industry. SSRN Electronic Journal. https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1832551_code488199.pdf?abstractid=1832551&mirid=1&type=2

Details

Countries
Ghana
Regions
Africa
Categories
funding, policy
Added
2026-04-28