This paper is set within a framework of re-conceptualising sustainable livelihoods and enterprises by identifying
the multidimensionality of rural livelihood diversification within small farm households in Southern Ghana.
Contributing to and providing links between the different rural livelihood strategies and household well-being,
this paper investigates the nature and extent to which livelihood diversification impacts of households strategies
towards wealth accumulation, survival and resilience to impoverishment. The study undertakes a critical
evaluation of the impact and relationship between poverty reduction projects implemented through District
Assemblies and those initiated by community organisations and households. Empirical research involving
questionnaire surveys, interviews and focus group meetings was used in studying rural farm households in
Akuapem North and Dangme West Districts in Southern Ghana. The paper points to the existence of significant
divergence in outcomes of livelihood diversification. Also, the overall impact of diversification and formal
intervention strategies towards alleviating poverty within small farm household’s economy is limited and not
sustainable with survival being the more probable outcome of diversification.