IDEAS home Printed from https://ideas.repec.org/a/taf/oabmxx/v9y2022i1p2143075.html
   My bibliography  Save this article

Lending methodologies and SMEs access to finance in Ghana; the mediating role of credit reference information

Author

Listed:
  • Kofi Nyarko Gyimah
  • Joseph Olorunfemi Akande
  • Paul-Francois Muzindutsi

Abstract

A major challenge to SME growth has been access to credit meanwhile literature exploring the effects of lending methodologies on credit access has paid little attention to how credit referencing information can influence the relationship. The study assessed the mediating influence of credit reference information on the interaction between bank lending methodologies and SMEs access to credit in Ghana. Ordinary least square regression analysis was used to analyse 1061 questionnaires collected from businesses in the Accra, Ghana. Results show that two lending methodologies exist both of which impact access to finance with the interaction of credit referencing information enhancing the explanatory power. We concluded that credit referencing plays a role in ensuring that lending methodologies for SMEs access to finance in Ghana is enriched to increase access to credit. The study has implications for policymakers to bring financial technology that ensures financial information can be easily captured from SMEs. This then enhances their creditworthiness for integration into the formal banking system to improve access to credit.

Suggested Citation

  • Kofi Nyarko Gyimah & Joseph Olorunfemi Akande & Paul-Francois Muzindutsi, 2022. "Lending methodologies and SMEs access to finance in Ghana; the mediating role of credit reference information," Cogent Business & Management, Taylor & Francis Journals, vol. 9(1), pages 2143075-214, December.
    • Handle: RePEc:taf:oabmxx:v:9:y:2022:i:1:p:2143075
    DOI: 10.1080/23311975.2022.2143075
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/23311975.2022.2143075
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/23311975.2022.2143075?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:oabmxx:v:9:y:2022:i:1:p:2143075. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://cogentoa.tandfonline.com/OABM20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.