I. The collapse of Microfinance institutions (MFLs) in Ghana has severely affected the operations of the existing MFIs. There is one school of thought that believes that Ghana needs MFIs so government should give financial support to MFIs in the form of loans at favourable interest rates for on-lending to their clients. Another school of thought opposes this viewpoint. As a student who has studied Microfinance as a course, you are required to justify the need for Microfinance in Ghana