Perception of Maize Farmers' Financial Inclusion Via Mobile Money. A Case Study of the Dormaa-Ahenkro Municipality, Ghana

Abstract

The study looks into maize farmers' perceptions of being financially included through mobile money services. The available data collected was analysed through the perception index by the SPSS. Data were collected through the primary data which 150 questionnaires were used and respondents' responses were collected on the questionnaire administration. perception of the maize farmers was analysed and based on the series of questions through frequency, mean and percentages from the perception index, which came out that 47.3% were very familiar and 36.7% were familiar with mobile money as a financial inclusion which shows mobile money has become very important in the system and as financial inclusion in some African countries and Ghana as a whole. However, respondents stated the fact that they use mobile money for saving and paying bills with a percentage of 96%. To further conclude the maize farmers said the mobile money concept has increased their access to financial services with 28.0% strongly agreeing to the fact that it has increased their chances to have financial services, 33.3% agreed, 28.7 were neutral to the statement, 6.7% were also disagreeing and 3.3% strongly disagreed. The outcome has affirmed that mobile money has increased access to maize farmers' financial inclusion.