1. Explain why the formal credit market fails to meet the financial service needs of the poor.

1. Sustainability demands that microfinance survives by charging market interest rates to records good returns on capital. This also implies that microfinance would drift from their of social mission of helping the poor.

How can microfinance institutions maintain their social mission of helping the poor whiles remaining profitable for the owners?

1. Discuss four (4) strategies that microfinance in Ghana can adopt in managing loan default.

1. Discuss the contributions of microfinance to the Ghanaian economy.

Explain five challenges involved in mobilizing deposits from the poor