Determinants of accesibility and demand for microfinance and informal loans by microentrepreneurs in selected cities of Cavite / by Jethro B. Antiojo and Margareth Gene G. Cruz.
Material type:
TextLanguage: English Publication details: Indang, Cavite : Cavite State University- Main Campus, 2019.Description: viii, 89 pages : illustrations ; 30 cmContent type: - text
- unmediated
- volume
- 332 An8 2019
- College of Economics, Management and Development Studies (CEMDS), Department of Management
| Item type | Current library | Collection | Call number | Materials specified | URL | Status | Notes | Date due | Barcode |
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Theses / Manuscripts
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Ladislao N. Diwa Memorial Library Theses Section | Non-fiction | 332 An8 2019 (Browse shelf(Opens below)) | Link to resource | Room use only | T-8555 | 00002434 |
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
ANTIOJO, JETHRO B.; CRUZ, MARGARETH GENE G. Determinants of _ Accessibility and Demand for Microfinance and Informal Loans by , Microentrepreneurs in Selected Cities of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management. Cavite State University, Indang, Cavite. June 2019. Adviser: Sherrie Rhose M. Rupido.
Microfinance institutions provide financial and social intermediation services to small-scaled entrepreneurs to help improve their businesses. Therefore, the microfinance program has been generally regarded as a development strategy that can enhance the economic performance of the micro-entrepreneurs. Accessibility and prudent utilization of microcredit serves as a vital role in economic development, especially in a growing economy. This paper takes a closer look at the factors that relatively affect the accessibility and level of demand of the micro-entrepreneurs to microfinance and informal loans in selected cities of Cavite. The target sample ‘size was 352 micro-entrepreneurs operating _ their businesses in the public markets from selected cities of Cavite namely: Dasmarinas, Imus, and Cavite. However, the surveyed population comprised 318 micro-entrepreneurs who had borrowed and are currently borrowing from a tending institution, may it be formal or. informal. Purposive sampling procedure was used to collect data from 318 micro-entrepreneurs in.the study area: descriptive statistics and - multiple linear regression model analysis were used. Data were presented in tables which include description and explanation of study findings. The result revealed that household size, initial capital, and sex have significant effect on micro-entrepreneurs access to microfinance loans. On the other hand, age and number of employees were found to be significant in determining their access to informal loans. Apart from their access to microcredit, the findings also showed that monthly income, collateral and sex relatively affect the demand for microfinance loans. Further, interest rates implied a directly proportional relationship with the demand for informal loans.
This paper reviews micro-entrepreneurs’ access to financial services, a key factor of successful economic development strategy. Designing appropriate financial products for beneficiaries to be able to borrow and invest is essential to strengthen micro-entrepreneurs' role as producers and widen the economic opportunities available to them. For this purpose, microfinance institutions should endeavor to —create more awareness and arrange trainings to enhance human capital development and boost micro-entrepreneurs’ productive capacity in order to ease accessibility to microcredit.
Submitted to the University Library 02/20/2020 T-8555