THE EFFECT OF MICRO FINANCE ON THE GROWTH OF SMALL AND MEDIUM SCALE ENTERPRISES (SMES); A STUDY OF SELECTED SMES IN THE ACCRA METROPOLIS

DECLARATION
"I declare that I have wholly undertaken the study reported herein under supervision”
………………………………………………………………………………………..
REGINA KWEKU
DATE……………………………

“I declare that I have supervised the student in undertaking the study reported herein and I confirm that the student has my permission to present it for assessment.”
…………………………………………………………………………………………………..
MR. MICHAEL NKONYAA

DEDICATION
This long essay is dedicated to husband, Mr. Solomon Kweku. For your inspiration, encouragement and support in diverse forms and also the entire family for their support.

ACKNOWLEDGEMENT
The Lord has been faithful in granting me the strength, wisdom, knowledge and the courage needed throughout the period of study.
My sincerest appreciation goes to my supervisor, MR. MICHAEL NKONYAA for his guidance and constructive criticism through the preparation of the work. He is largely responsible for the success of this work and I am very much grateful.
To my husband Solomon Kweku, to my colleagues in MBA Finance 2012/2013 in whose company I stayed and formed my thoughts I say God richly bless you for the fellowship and love we shared.
To the Staff and Management of Growth Capital Microfinance, wish to express my sincere gratitude to you for your support and co-operation.
Finally, I wish to thank all authors of various research works and articles I made use of in writing of this work, indeed, your research works and articles have served as major sources of literature and knowledge.

ABSTRACT
This study examined effects of microfinance on small and medium enterprises in the Accra Metropolis, in the Greater Accra Region. .The population of the study comprised clients and staff of Micro finance Institutions (MIF). A sample of 60 clients and eight staff was used for data collection. Two interview guides were used separately to collect data from staff and clients. The return rate of data

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