Bondinuba, F. K., Stephens, M. , Jones, C. and Buckley, R. (2020) The motivations of microfinance institutions to enter the housing market in a developing country. International Journal of Housing Policy, 20(4), pp. 534-554. (doi: 10.1080/19491247.2020.1721411)
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Abstract
Microfinance is a potential powerful avenue to support the lowest socioeconomic groups in the housing market of developing countries. The purpose of this article is to consider what motivates microfinance institutions (MFIs) to enter the housing market through a factor analysis approach. A survey of 125 respondents was undertaken in two regions of Ghana. Factor analysis was conducted to identify underlying latent variables that had significant effects on MFIs’ decision to enter the housing market. The findings indicate that four important determinants emerge: MFIs' interest for profit, the ease of entry into the housing market, interest for growth, and the perceived desire of the lowest socioeconomic groups for homeownership. The study also implies that some nuances help explain the demand and supply perspectives of housing microfinance in developing countries.
Item Type: | Articles |
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Additional Information: | James-Watt scholarship scheme of Heriot-Watt University in Scotland with support from the Management of Kumasi Technical University in Ghana provided the funding for this study. |
Status: | Published |
Refereed: | Yes |
Glasgow Author(s) Enlighten ID: | Stephens, Professor Mark |
Authors: | Bondinuba, F. K., Stephens, M., Jones, C., and Buckley, R. |
College/School: | College of Social Sciences > School of Social and Political Sciences > Urban Studies |
Journal Name: | International Journal of Housing Policy |
Publisher: | Taylor & Francis |
ISSN: | 1949-1247 |
ISSN (Online): | 1949-1255 |
Published Online: | 11 February 2020 |
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