Project Topic 6

 Investigating into the contribution and challenges of credit union

In Ghana, despite the contributions of credit unions to the development of most communities, they are saddled with challenges which obstruct their development, hence their contribution to the Ghanaian economy. For instance, according to Ofei (2011), this comes especially from competition from other financial institutions and increasing demand for improved financial services.

Main objective:

The main objective of this study is to investigate into the contribution and challenges of Credit unions.

The specific objectives:

1     1.Identify the financial challenges and assess the adequacy of benefits and contribution of Credit Unions.

2    2. Ascertain the impact of credit unions on members in the face of competition from Banks and Non-Banking Financial Institutions. 

3    3.Identify measures or ways to improve management of credit unions.