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To examine the contribution of microfinance initiatives to financial independence among Senegalese households in Equatorial Guinea.

March 15, 2026Open Access

Microfinance Implementation and Financial Independence Amongst Senegalese Households in Equatorial Guinea: A Mixed Methods Inquiry

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To examine the contribution of microfinance initiatives to financial independence among Senegalese households in Equatorial Guinea.
Mixed methods approach incorporating qualitative and quantitative methodologies
Qualitative data collected through interviews and focus groups
Quantitative data sourced from surveys measuring financial outcomes and satisfaction
Approximately 60% of respondents reported improved financial stability
Significant reductions in debt levels observed within a year of program enrollment
Participants noted challenges such as interest rate fluctuations and bureaucratic hurdles

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Mixed methods inquiry finds microfinance improves financial stability in Senegalese households, suggesting need for policy enhancements.

Fernando Nguema (2013) studied this question.

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