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Utilization of credit from microfinance institution and its contribution to family's economic well-being in selected areas of Cavite / by Deniel Kerwill E. De Leon.

By:

De Leon, Deniel Kerwill E [author]

Contributor(s):

Victorino, Ludivinia F [adviser]

Material type: Text

TextLanguage: English Publication details: Indang, Cavite : 2014. Cavite State University- Main Campus,Description: xi, 61 pages : 28 cm. illustrations ; Content type:

text

Media type:

unmediated

Carrier type:

volume

Subject(s):

DDC classification:

332.7 D37 2014

Online resources:

Click here to view thesis abstract and table of contents

Production credits:

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

Abstract: DE LEON, DENIEL KERWILL. Utilization of Credit from Microfinance Institutions and its Contribution to Family's Economic Well-being in Selected Areas of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management. Cavite State University, Indang, Cavite. April 2014. Adviser: Prof. Ludivinia F. Victorino. The study was conducted to determine the utilization of credit from microfinance institutions and its contribution to family economic well-being in selected areas of Cavite. Specifically, this study aimed to describe and determine socio-demographic characteristics of family members having credit in microfinance institutions; characteristics of the families; types of credit taken by the family members; utilization of microcredit; and credit's level of contribution from microfinance institution to families' economic wellbeing. The study was conducted in five selected areas of Cavite namely Indang, Trece Martires City, General Trias, Dasmariiias City, and Imus City from November 2013 to January 2014. A total of 100 family members who borrowed from microfinance institutions were interviewed with the use of prepared questionnaire. Data were analyzed using descriptive statistical tools such as mean, frequency count, range, and percentage. Likert scale was used in determining credit's level of contribution to family's economic well-being. The result of the study shows that most of the family members borrowing loans from microfinance institutions in Cavite were female with an average age of 43 years, married, and employed with an average monthly income of P20,251. It was revealed that microfinance loans borrowed by the participants were not properly utilized. Twenty-nine percent did not put the money in business which was the real purpose of loaning from MFIs. Instead, the loans were utilized in other purposes such as food, purchasing of clothing, footwear, household appliances, payment of utilities, education of the family members, medical and health needs, and other loans. In general, there was an average level of contribution of microfinance loans to family's economic well-being. The family had not utilized the loans entirely in business, resulting to an average contribution.

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Holdings ( 1 )
Title notes ( 5 )

Holdings
Item type	Current library	Collection	Call number	Materials specified	URL	Status	Notes	Date due	Barcode
Theses / Manuscripts	Ladislao N. Diwa Memorial Library Theses Section	Non-fiction	332.7 D37 2014 (Browse shelf(Opens below))		Link to resource	Room use only	T-5579		00009020

Thesis ( BS Business Management -- Financial Management ) Cavite State University

Includes bibliographical references.

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

DE LEON, DENIEL KERWILL. Utilization of Credit from Microfinance Institutions and its Contribution to Family's Economic Well-being in Selected Areas of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management. Cavite State University, Indang, Cavite. April 2014. Adviser: Prof. Ludivinia F. Victorino.

The study was conducted to determine the utilization of credit from microfinance institutions and its contribution to family economic well-being in selected areas of Cavite. Specifically, this study aimed to describe and determine socio-demographic characteristics of family members having credit in microfinance institutions; characteristics of the families; types of credit taken by the family members; utilization of microcredit; and credit's level of contribution from microfinance institution to families' economic wellbeing. The study was conducted in five selected areas of Cavite namely Indang, Trece Martires City, General Trias, Dasmariiias City, and Imus City from November 2013 to January 2014. A total of 100 family members who borrowed from microfinance institutions were interviewed with the use of prepared questionnaire. Data were analyzed using descriptive statistical tools such as mean, frequency count, range, and percentage. Likert scale was used in determining credit's level of contribution to family's economic well-being. The result of the study shows that most of the family members borrowing loans from microfinance institutions in Cavite were female with an average age of 43 years, married, and employed with an average monthly income of P20,251.

It was revealed that microfinance loans borrowed by the participants were not properly utilized. Twenty-nine percent did not put the money in business which was the real purpose of loaning from MFIs. Instead, the loans were utilized in other purposes such as food, purchasing of clothing, footwear, household appliances, payment of utilities, education of the family members, medical and health needs, and other loans. In general, there was an average level of contribution of microfinance loans to family's economic well-being. The family had not utilized the loans entirely in business, resulting to an average contribution.

Submitted copy to the University Library. 04/24/2014 T-5579