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Research Article
DETERMINANTS OF CREDIT UNION SAVINGS IN GHANA
Article first published online: 26 MAR 2012
DOI: 10.1002/jid.2828
Copyright © 2012 John Wiley & Sons, Ltd.
Additional Information
How to Cite
Adusei, M. (2013), DETERMINANTS OF CREDIT UNION SAVINGS IN GHANA. J. Int. Dev., 25: 22–30. doi: 10.1002/jid.2828
Publication History
- Issue published online: 13 DEC 2012
- Article first published online: 26 MAR 2012
- Manuscript Accepted: 22 FEB 2012
- Manuscript Revised: 13 FEB 2012
- Manuscript Received: 2 JUN 2010
- Abstract
- Article
- References
- Cited By
Keywords:
- credit union;
- savings;
- male members;
- female members;
- microfinance
Abstract
The study explores the determinants of credit union (CU) savings in Ghana and finds that credit risk, assets (size) and female membership are significant determinants of CU savings. Whereas a rise in CU credit risk increases CU savings, a rise in female membership as well as CU assets is characterised by a fall in CU savings. The study, therefore, argues that CUs in Ghana could maximise their savings if they target their savings- mobilisation campaigns at income-earning men with higher marginal propensity to save coupled with the adoption of an effective and efficient asset management policy. Copyright © 2012 John Wiley & Sons, Ltd.