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Seminar paper from the year 2011 in the subject Economics - Finance, grade: 1,33, IE Business School, Madrid, language: English, abstract: Although not as widespread and developed as in Latin America and Asia, microfinance in Africa has become a central tool for alleviating poverty and spurring economic development. With a financial sector that in regional comparison is already fairly well developed, Ghana's microfinance sector is one of the most vibrant of the continent. Mixmarket (2011) lists $131.2 million of total loans, distributed among 358,717 active borrowers, for 2009. For the same...