Abstract:
The study aimed at finding the role rural banks play in access to credit facility at Atwima Kwawoma district. One of the major problems facing the rural population in Ghana has been the lack of credit. This has resulted in the inability to increase productivity, income and improve upon basic standards of living so as to rise against poverty. It is in the light of this that Bank of Ghana introduced the rural banking concept to meet the credit needs of the rural people and also to assist in the reduction of poverty in the rural communities.
Description:
Like many developing countries, poverty remains a serious problem in Ghana and it remains predominantly a rural phenomenon thus the matter of poverty reduction has received a great deal of attention in development literature, in the national plans of various countries, on political platforms and in lending programs of most donors. In Ghana, the need to improve the living and working conditions of the rural people dates back to the colonial era. One of the major problems facing the rural population in Ghana has been the lack of credit. This has resulted in the inability to increase productivity, income and improve upon basic standards of living so as to rise against poverty.
