Title: The Impact of Microfinance Women Loan Program in The Lives of Gambian Women
Authors:
- Saikou Gassama
- Hamidah Hamidah
Department: Akuntansi
Journal Name: Productivity Management
Kinds of Journal: –
Keywords: –
Abstract:
This research aims to determine the impact of the microfinance loan program on the lives of Gambian. Concentrating on RFS loan program called women finance WF. This study is qualitative research using an interview, the research extract information from the 45 women loan clients and 5 Reliance Financial services loan officers. And to identify the ways to improve the program for sustainability. The research used interviews with both women and RFS Credit officers from RFS to obtained information. The study intends to assist RFS and other microfinance institutions in the Gambia to know the impact of the loan program and make recommendations for its sustainability by extracting problems from the clients and suggesting how to mitigate those problems for the sustainability the program. The research makes the following findings. The women finance program has empowered women in The Gambia. Many could start or expand their businesses, which is now benefitting them and their families, but some have not felt its impact. The main contributions of this study extend the literature of microfinance in the Gambia; besides, the study hopes to assist RFS in taking relevant steps that can help improve the women finance loan programs.
