Business and Economics Journal

Emmanuel KT

Publications

• Research Article
  Does Microcredit Create Employment For the Poor? The Case of the Microcredit Scheme of Upper Manya Krobo Rural Bank in Ghana
  Author(s): Emmanuel KT, Godfred Frempong, Nelson Obirih-Opareh and Omari RoseEmmanuel KT, Godfred Frempong, Nelson Obirih-Opareh and Omari Rose
  
  The microfinance industry, over the past four decades has grown to become a major development tool of the world, both in terms of beneficiaries as well as the financial inputs that it received. The microfinance concept assumes that, ceteris paribus, credit to the poor, would lead to increased jobs, household well-being and poverty reduction. However, to date, no study has established a link between microcredit and wage employment, which is critical for poverty reduction. This paper argues that microcredit is critical for survivalist self-employment but it does not necessily lead to the creation of wage employment for the jobless. This evidence is from an assessment of how microcredit has contributed to business performance of the clients of the Upper Manya Krobo Rural Bank’s microcredit programme in the Eastern Region of Ghana. The paper is based on a doctoral research output th.. Read More»
  

  Abstract PDF