The contribution of the Kakum Rural Bank to poverty reduction in the Komenda-Edina-Eguafo-Abrem Municipality in the central region, Ghana
The study was designed to examine the contribution of Kakum Rural Bank (KRB) to poverty reduction in the Komenda-Edina-Eguafo-Abrem Municipality (KEEA). The study employed descriptive and evaluative designs. All four agencies in the KEEA municipality were included in the study. The systematic ran...
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| Format: | Article |
| Language: | English |
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Faculty of Economics, Belgrade
2013-01-01
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| Series: | Ekonomski Anali |
| Subjects: | |
| Online Access: | http://www.doiserbia.nb.rs/img/doi/0013-3264/2013/0013-32641397121E.pdf |
| _version_ | 1819075712550699008 |
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| author | Enu-Kwesi Francis Koomson Frederick Baah-Mintah Richard |
| author_facet | Enu-Kwesi Francis Koomson Frederick Baah-Mintah Richard |
| author_sort | Enu-Kwesi Francis |
| collection | DOAJ |
| description | The study was designed to examine the contribution of Kakum Rural Bank (KRB) to poverty reduction in the Komenda-Edina-Eguafo-Abrem Municipality (KEEA). The study employed descriptive and evaluative designs. All four agencies in the KEEA municipality were included in the study. The systematic random sampling technique was used to draw 370 customers and 14 members of staff of Kakum Rural Bank who were purposively sampled for the study. Questionnaires were principally used to collect data from respondents. Graphs and tables were used to present descriptive aspects of the results while non-parametric inferential procedure was used to present the evaluative aspect. The results of the study revealed that KRB, with its financial and non-financial services, has helped in poverty reduction in the KEEA Municipality. Data gathered from the respondents showed a significant improvement in most of the poverty indicators, with the exception of provision of potable water and clothing for families. Judging by the potential that KRB has for reducing poverty, it is recommended that the bank should expand its coverage in the municipality. |
| first_indexed | 2024-12-21T18:29:46Z |
| format | Article |
| id | doaj.art-bc95b84fbf0f40858ae145245c045d91 |
| institution | Directory Open Access Journal |
| issn | 0013-3264 1820-7375 |
| language | English |
| last_indexed | 2024-12-21T18:29:46Z |
| publishDate | 2013-01-01 |
| publisher | Faculty of Economics, Belgrade |
| record_format | Article |
| series | Ekonomski Anali |
| spelling | doaj.art-bc95b84fbf0f40858ae145245c045d912022-12-21T18:54:18ZengFaculty of Economics, BelgradeEkonomski Anali0013-32641820-73752013-01-015819712113910.2298/EKA1397121EThe contribution of the Kakum Rural Bank to poverty reduction in the Komenda-Edina-Eguafo-Abrem Municipality in the central region, GhanaEnu-Kwesi FrancisKoomson FrederickBaah-Mintah RichardThe study was designed to examine the contribution of Kakum Rural Bank (KRB) to poverty reduction in the Komenda-Edina-Eguafo-Abrem Municipality (KEEA). The study employed descriptive and evaluative designs. All four agencies in the KEEA municipality were included in the study. The systematic random sampling technique was used to draw 370 customers and 14 members of staff of Kakum Rural Bank who were purposively sampled for the study. Questionnaires were principally used to collect data from respondents. Graphs and tables were used to present descriptive aspects of the results while non-parametric inferential procedure was used to present the evaluative aspect. The results of the study revealed that KRB, with its financial and non-financial services, has helped in poverty reduction in the KEEA Municipality. Data gathered from the respondents showed a significant improvement in most of the poverty indicators, with the exception of provision of potable water and clothing for families. Judging by the potential that KRB has for reducing poverty, it is recommended that the bank should expand its coverage in the municipality.http://www.doiserbia.nb.rs/img/doi/0013-3264/2013/0013-32641397121E.pdfruralbankspovertyreductionfinancialGhana |
| spellingShingle | Enu-Kwesi Francis Koomson Frederick Baah-Mintah Richard The contribution of the Kakum Rural Bank to poverty reduction in the Komenda-Edina-Eguafo-Abrem Municipality in the central region, Ghana Ekonomski Anali rural banks poverty reduction financial Ghana |
| title | The contribution of the Kakum Rural Bank to poverty reduction in the Komenda-Edina-Eguafo-Abrem Municipality in the central region, Ghana |
| title_full | The contribution of the Kakum Rural Bank to poverty reduction in the Komenda-Edina-Eguafo-Abrem Municipality in the central region, Ghana |
| title_fullStr | The contribution of the Kakum Rural Bank to poverty reduction in the Komenda-Edina-Eguafo-Abrem Municipality in the central region, Ghana |
| title_full_unstemmed | The contribution of the Kakum Rural Bank to poverty reduction in the Komenda-Edina-Eguafo-Abrem Municipality in the central region, Ghana |
| title_short | The contribution of the Kakum Rural Bank to poverty reduction in the Komenda-Edina-Eguafo-Abrem Municipality in the central region, Ghana |
| title_sort | contribution of the kakum rural bank to poverty reduction in the komenda edina eguafo abrem municipality in the central region ghana |
| topic | rural banks poverty reduction financial Ghana |
| url | http://www.doiserbia.nb.rs/img/doi/0013-3264/2013/0013-32641397121E.pdf |
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