Does Microfinance Alleviate the Financing Constraints of Ghanaian Small Businesses?
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The paper examines the impact of MFIs on microenterprises in Ghana. Employing the financing constraints approach and using 2007 BEEPS data, supported with a Propensity Score Matching method, results indicate that unconstrained microenterprises are less sensitive to internal funds and thus MFIs have alleviated financing constraints to an appreciable level.