The paper investigates the relationship between credit union (CU) financial intermediation and economic growth using seventeen-year data (1995-2011) from 12 CU countries. Using the panel Generalized Method of Moments (GMM) estimation technique, the study finds that there is a statistically...

This study estimates the effective cost of borrowing to micro-credit clients in Ghana. A simple open-ended questionnaire is administered to 35 micro-finance institutions. The study finds that the major costs of borrowing are interest rates and processing fees. The study also finds that the minor...