The Impact of Microfinance on Households’ Socioeconomic Performance: A Proposed Mediation Model

• 발행기관: 한국유통과학회
• 저자명: W Muhammad Zainuddin B Wan ABDULLAH Wan Nur Rahini Aznie Bt ZAINUDIN Sarina Binti ISMAIL Mohd Hassan Che HAAT Hafiz Muhammad ZIA-UL-HAQ
• 간행물 정보: 『The Journal of Asian Finance, Economics and Business(JAFEB)』Vol. 8 No.3, 821~832쪽, 전체 12쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2021.03.30

영문 초록

Economic deprivation of households remains a significant economic issue in the world. Researchers have shown great concern in identifying crucial factors to enhance poor households’ socio-economic performance. Therefore, this paper aims to develop a new conceptual framework to investigate the influence of different microfinance services on households’ socioeconomic performance using moderated mediation analysis of various crucial factors. Focus-group interviews with managements of the microfinance institution, i.e. Amanah Ikhtiar Malaysia (AIM), and a systematic literature review were conducted for this purpose, and a new framework for the future study has been developed. The result from focus-group interviews and systematic literature review propose microfinance financial services, training programs, and business coaching as independent factors, whereas household socioeconomic performance as a dependent factor in the proposed model. Specifically, this study provides the direction to scholars to empirically test the direct relationship between financial services and household socioeconomic performance and the indirect relationship between training programs, business coaching, and household socioeconomic performance. Further, microfinance institutions’ service efficiency is also included as a moderator that can strengthen microfinance services’ effectiveness. The study also provides useful implications for policymakers, financial institutions, households, micro-enterprises, and researchers to better understand microfinance interventions and household economic mechanisms.

목차

1. Introduction

2. Theoretical Foundation

3. Developing the Conceptual Framework

4. Discussing Key Components

5. Concluding Remarks

References

키워드

Microfinance Services Financial Management Practices Entrepreneurial Competencies Socioeconomic Performance