An extensive research study conducted in Ghana and India which was developed by ING together with the Dutch sector representative NpM – Platform for Inclusive Finance – concluded that microfinance has a great effect on businesses, education and the overall health condition of the society, far beyond the lives of the individuals.
It has generated a positive impact on the overall health conditions of the poor through the improved quality of food consumption. Notably, the access to financial services has also empowered women in decision-making both at home and outside the household.
Head of ING Microfinance, Roy Budjhawan, also discussed the key points which microfinance institutions should consider to improve and achieve greater success.
Read the full article published on GhanaWeb here.
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