Strategic responses of microfinance institutions to the Coronavirus disease (COVID-19) crisis in Ghana

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dc.contributor.authorYeboah, T.
dc.contributor.authorAntoh, E.F.
dc.contributor.authorKumi, E.
dc.date.accessioned2022-01-04T15:25:22Z
dc.date.available2022-01-04T15:25:22Z
dc.date.issued2021
dc.descriptionResearch Articleen_US
dc.description.abstractThis paper examines the impacts of COVID-19 on MFI operations and the response measures taken by MFIs in Ghana. Data from interviews shows that MFIs are faced with operational difficulties as a result of the crisis: inability to disburse new loans and collect loan repayments which is leading to increase in portfolios at risk, increased operational costs, and bottlenecks with non-financial service delivery. Reduction in lending and rescheduling of outstanding loan repayments, adoption of flexible working arrangements, and use of digital technologies are key response measures taken by the MFIs although the scale of implementation differed considerably by contextual factors.en_US
dc.identifier.otherhttps://doi.org/10.1080/09614524.2021.1991890
dc.identifier.urihttp://ugspace.ug.edu.gh/handle/123456789/37439
dc.language.isoen_USen_US
dc.publisherTaylor & Francis Groupen_US
dc.subjectCOVID-19en_US
dc.subjectmicrofinanceen_US
dc.subjectstrategic responsesen_US
dc.subjectloan repaymenten_US
dc.subjectGhanaen_US
dc.titleStrategic responses of microfinance institutions to the Coronavirus disease (COVID-19) crisis in Ghanaen_US
dc.typeArticleen_US

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