Assessing the impact of capacity-building programs on microfinance outcomes

Kwaku Ofori *

Department of Retail Banking and Consulting, Affinity Ghana, Accra, Ghana.
 
Review
International Journal of Science and Research Archive, 2022, 07(01), 507–511.
Article DOI: 10.30574/ijsra.2022.7.1.0135
Publication history: 
Received on 01 June 2022; revised on 18 October 2022; accepted on 20 October 2022
 
Abstract: 
Microfinance institutions (MFIs) play a crucial role in improving access to financial services for underserved populations. Capacity-building programs, aimed at enhancing institutional and individual capabilities, are essential in determining the success of MFIs in achieving their developmental goals. This paper assesses the impact of capacity-building initiatives on the performance, outreach, and sustainability of MFIs. Using a mixed-method approach, this paper evaluates the correlation between capacity development programs and microfinance outcomes. It further explores how such programs influence financial literacy, governance, and loan repayment rates.
 
Keywords: 
Capacity-building programs; Microfinance institutions; Financial services; Institutional and individual capabilities
 
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