| Popis: |
This study examined the impact of Village Savings and Loans Associations (VSLA) on the livelihood development of the rural women and poverty reduction of the Awutu Senya District in the Central Region of Ghana. A total of 700 women, comprising 350 clients and 350 non-clients of VSLA, participated in the study. Data were collected using semi-structured questionnaires and focus group discussions. Both quantitative (parametric and non-parametric) and qualitative methods were used for analysis. The study found that VSLA has made some significantly positive impact on clients of the Awutu Senya District. Through the VSLA, the standard of living, self-esteem, businesses, and family and social lives of the clients have seen significant improvements than those of the non-clients. However, the study found the following challenges: mistrust of the members about those who kept the group cash box; and frequent migration of members, which deteriorates the reliability and participation of members. The study recommended that the associations should be formalized by encouraging members to register the association; the association should be encouraged to open account with reliable banks where the association and or clients can save their accumulated savings; and VSLA should be encouraged throughout the country to help the country achieve its agenda of poverty reduction. |
