Areas to credit and level of satisfaction of sole proprietors towards loan application in microcredit institutions in selected areas of Cavite /
by Jonard P. Ceneta, Michael D. Relente and Jayson John E. Samarita.
- Indang, Cavite : Cavite State University- Main Campus, 2019.
- xiv, 70 pages : illustrations ; 28 cm.
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 College of Economics, Management and Development Studies (CEMDS), Department of Management
CENETA, JONARD P., RELENTE, MICHAEL D. and SARMARITA, JAYSON JOHN E. Access to Credit and Level of Satisfaction towards Loan Application in Ricrocredit Institutions of Sole Proprietors in Selected Areas of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management. Cavite State University, Indang, Cavite. June 2019. Adviser: Ms. Sherrie Rhose M. Rupido.
The study was conducted from January to April 2019. A total of 202 sole proprietors were the participants of the study. It was bounded only to the sole proprietors found in the selected areas of Cavite namely: Bacoor City, Imus City and Trece Martires City. It enclosed those sole proprietors who have availed loan at least once, since January of the year 2018 in microcredit institutions.
Specifically, the study aimed to: determine the socio-demographic profile of sole proprietors such as age, Sex, civil status, educational attainment and estimated income; determine the credit accessibility of sole proprietors; determine the level of satisfaction of sole proprietors such as amount of loan granted, cost of borrowing, term of loan and mode of payment collection; determine the relationship between sole proprietors’ socio-demographic profile with their access to credit and level of satisfaction and identify the different problems that sole proprietors encountered during loan application. Descriptive and correlational research designs were used in the study.
Most of the participants were 27 to 34 years of age and 47 to 50 years of age, female, married, high school graduate and has a monthly net income ranging from Php 8,701 to 14,400.
The results revealed that the participants have an easy access to credit and very satisfied towards loan application; the results also revealed that the socio- demographic profile of the sole proprietors has no significant association with access to credit and level of satisfaction; lastly, the results showed that most of the sole proprietors have not encountered any problems during loan application.