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THE DELIVERY MODELS OF MICRO
-
FINANCING: A MISCONSTRUED
CON
CEPT
Christine Avortri
1
, T. B. Wereko
2
It has generally been recognised among researchers and development economists that,
Microfinancing requests special delivery models (methods). However, what constitute these
delivery models has been overlooked or expl
ained from very narrow angles by researchers. The
purpose of this paper is to identify the delivery models of Microfinancing.
The research design is a survey research. It is both quantitative and qualitative research
and used both primary and secondary dat
a. The researcher also used stratified sampling
procedure to sample 30 micro
-
financing institutions in Ghana. Both opened and close ended
-
questionnaires were used to gather data to address the research question.
The findings from literature reviewed, rev
ealed that, earlier literatures have
misconstrued or narrowly applied the concept, delivery model of micro
-
financing to credit
delivery only.
The findings of the analysis of the primary data however, revealed that, micro
-
financing
-
institutions have deliver
y models for savings, delivery models (channels) for reaching
their clients and products (service) model.
This implies that, most researchers largely limit micro
-
financing to micro
-
credit which
was pioneered by Professor Yenus.