Financial non-governmental organizations (FNGOs) are regulated microfinance institutions that operate with a social welfare logic in the delivery of microcredit to the financially excluded in Ghana. The microcredit is aimed at supporting the financially excluded individuals to create sustainable micro and small enterprises (MSEs) for the generation of both skilled and unskilled employment. From the institutional theory perspective, this study aims at investigating the impact of microcredit provided by FNGOs on employment growth among MSEs in Ghana. The major contribution of this study is the fact that, there is a little study on FNGOs and their impact on employment growth in the Ghanaian context. Therefore, this is one of the few studies that highlights the role of FNGOs in promoting financial inclusion through the provision of microcredit for employment generation purposes. Through a multiple regression analysis, the study uses primary data collected from 506 MSEs in Ghana. The results show that microcredit which is flexible in repayment mode, accessible and adequate has a positive impact on employment generation among MSEs in Ghana. However, the current cost of microcredit in Ghana has a negative impact on employment growth among MSEs.

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FNGO 和金融包容性：调查小额信贷对加纳就业增长的影响

金融非政府组织 (FNGO) 是受监管的小额信贷机构，在向加纳金融排斥者提供小额信贷方面以社会福利逻辑运作。小额信贷旨在支持受经济排斥的个人创建可持续的微型和小型企业 (MSE)，以创造技术和非技术就业机会。从制度理论的角度，本研究旨在调查 FNGO 提供的小额信贷对加纳 MSE 就业增长的影响。本研究的主要贡献在于，对 FNGO 及其对加纳背景下就业增长的影响的研究很少。所以，这是为数不多的强调非政府组织通过为创造就业目的提供小额信贷促进金融包容性作用的研究之一。通过多元回归分析，该研究使用了从加纳 506 家 MSE 收集的原始数据。结果表明，还款方式灵活、可及且充足的小额信贷对加纳小微企业的就业创造产生了积极影响。然而，加纳目前的小额信贷成本对小微企业的就业增长产生了负面影响。