EFFECT OF THE CREDIT WITH EDUCATION (CWE) SCHEME ON BENEFICIARY HOUSEHOLD LIVELmOOD AND FOOD SECURITY: A CASE STUDY OF NAARA RURAL BANK LIMITED

Abstract

This study assessed the effect of the Credit with Education scheme on beneficiary household livelihood and food security in the Kassena - Nankana Districts. Primary data was collected by means of administrating semi-structured questionnaires to a sample of fifty beneficiaries. Secondary data was collected from District and Regional Assemblies, MoF A offices, libraries and through the Internet. The results indicates that the CwE scheme has improved beneficiaries household livelihood as 82.2% of the beneficiaries households live above the national poverty line and only 17.8% of the beneficiaries do live below the national poverty line based on the PPI of Ghana as shown in appendix vi. Despite trading being the main occupation of the beneficiaries, they are engaged in various livelihood activities which they carried out as risk management strategy. The CwE scheme beneficiaries households are food secured as all five communities of the beneficiaries have their households food security rates above 100%. The CwE scheme has a great potential of sustainability as the study results indicated a 100% recovery. Timeliness, credit adequacy and high interest rate pose serious challenges for the beneficiaries.