Gender perspective on savings, loan and investments of selected minimum wage earners in Cavite Gender perspective on savings, loan and investments of selected minimum wage earners in Cavite / by Abigail C. Pakinggan, Jean Pauline L. Quijano and Rochelle F. Samulde.

Thesis (Bachelor of Science in Business Management Major in Financial Management) Cavite State University.

Includes bibliographical references.

College of Economics, Management and Development Studies (CEMDS), Department of Management

PAKINGGAN, ABIGAIL; QUIJANO, JEAN PAULINE; SAMULDE, ROCHELLE Gender Perspective on Savings, Loan, and Investments of Selected Minimum Wage Earners in Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management, Cavite State University, Indang, Cavite. February 2016. Adviser: Prof. Gener T. Cueno.
The study was conducted among the top five operating economic zones in Cavite namely: Cavite Economic Zone, Cavite-Carmona Industrial Estate, First Cavite Industrial Estate, Gateway Business Park and Mount view Industrial Complex I from November
2015 to January 2016. The study conducted to determine the gender perspective on savings, loan, and investments of minimum wage earners. Specifically, it aimed to determine socio-demographic profile of minimum wage earners; identify the preferred type of saving, loan investment of the respondents; determine the factors affecting the saving,
loan and investment of the respondents; identify if there is a significant gender difference on the factors affecting the saving, loan and investment preference; and determine if there is a significant gender difference on the saving, loan and investment preference. Quota sampling method was ed to identify the 500 wage earners from the top five operating economic zones. Frequency counts, percentage, me were used in assessing the socio-demographic characteristics, saving preference, loan preference, and investment preference of the respondents. Rank was used to determine the factors affect.
The savings loan and investment preference of minimum wage earners. Mann-Whitney U test was used to determine the significant gender difference of the factors affecting the preference on saving, loan and investment. Chi-Square test was employed to determine the significant gender difference on saving, loan and investment I, reference. Fifty percent of the respondents were male and 50 percent was female with age that ranged from 17 to 63 years old. Majority the respondents were single; most of them were contractual employees and high school graduates. Savings account was the most preferred type of saving for both male and female respondents while educational plan was the least preferred type of saving. The most preferred type of lo for both male and female respondents was having personal loans while auto loan as the least preferred type of loan. On investments, the most preferred type of the participants was business related vestments while the least preferred type were stocks, mutual funds and investment on precious metals/stones. Safety 4vas the main factor affecting the saving preference of the participants while Interest rate was the number one factor affecting the loan preference. Knowledge on the investment was the main factor that affects the investment preference of the respondents.
The results of the study showed that men and women minim wage earners were the same when it comes to the factors affecting their saving and loan preference. However in to -I of investment, it was found out that men and women differ as women prioritize knowledge on the investment more than males. In addition, male and female have the same preference in terms of savings and loans. On the other hand, when it comes to the preferred type of investments, men and women differs. Women invest more on a business than males and male respondents invest more through informal lending and investing in properties

Submitted to the University Library January 09, 2016 T-7289