The Role of Masloc in Poverty Alleviation and Micro Financing in the New Juaben Municipality, Eastern Region.

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Poverty reduction programme is one of the important programmes undertaken by most governments of developing countries. The result of effective poverty reduction programmes is the elimination of extreme poverty from society. Effective implementation strategies of poverty reduction programmes are critical if a developing country like Ghana wants to move to the middle income status. Problems which normally bedeviled the programme include inadequate training of beneficiaries, lack of supervision during funds disbursement and high default in loan repayment. The purpose of this study was to assess the effectiveness of the implementation strategies of Ghana’s poverty reduction programme, using the MASLOC programme as a case study. Primary information on the implementation strategies of MASLOC programme was obtained from MASLOC officials and beneficiaries through questionnaire administration and interviews whereas that of the secondary source of data was mainly elicited from the operational manuals of MASLOC and Bank of Ghana. The study revealed that though the MASLOC programme has increased beneficiaries’ household income as well as increased access to social services such as health and education, more has to be done in terms of increasing the loan amount to enable beneficiaries to expand their businesses and also to provide the necessary logistics for the programme to be carried out efficiently and effectively. The study recommended that poverty reduction programmes including MASLOC, should be devoid of politics and should be decentralized.
A Thesis submitted to the Institute of Distance Learning, Kwame Nkrumah University of Science and Technology, Kumasi in partial fulfillment of the requirements for the degree of Commonwealth Executive Masters of Business Administration,