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.
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