Vol. 2007 No. 1 (2007)
Microfinance and Entrepreneurship Growth Among Female Entrepreneurs in Northern Ghana: A Three-Year Analysis
Abstract
Microfinance programmes have been implemented in various regions to support entrepreneurship among female entrepreneurs, but their effectiveness varies. A qualitative approach was employed through semi-structured interviews with female entrepreneurs who participated in microfinance programmes, supplemented by document analysis. Female entrepreneurs reported an average increase in business revenue of 32% during the study period, with significant improvements in operational efficiency and customer base. Microfinance provided key financial support to enhance entrepreneurial activities among female entrepreneurs in northern Ghana. Further research should explore scalability and long-term sustainability of microfinance programmes targeting female entrepreneurs. microfinance, entrepreneurship growth, female entrepreneurs, northern Ghana