The evidence of microfinance as a tool in poverty alleviation in Malaysia – A survey

Poverty issues are still prevalent in Malaysia and microfinance is one of the best available tools to overcome that situation because it provides loans with fewer regulations. Response from 330 respondents were acquired to bolster this fact and this paper projects strong evidences on the effectivene...

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Main Authors: Ahmad Nazrie, Mohd Nor, Kumar, Senthil
Format: Article
Language:English
Published: Science Research Society 2021
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/32957/1/IFERP%20Full%20Paper.pdf
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author Ahmad Nazrie, Mohd Nor
Kumar, Senthil
author_facet Ahmad Nazrie, Mohd Nor
Kumar, Senthil
author_sort Ahmad Nazrie, Mohd Nor
collection UMP
description Poverty issues are still prevalent in Malaysia and microfinance is one of the best available tools to overcome that situation because it provides loans with fewer regulations. Response from 330 respondents were acquired to bolster this fact and this paper projects strong evidences on the effectiveness of microfinance and its potential to eradicate poverty in Malaysia using Partial Least Square-Structural Equation- Modelling (PLS-SEM). The results of the study show that there is a significant relationship between loan characteristics, family status, borrowers’ characteristics, business features and training development on social wellbeing, employment generation, household income and micro enterprise performance.
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spelling UMPir329572022-06-13T02:44:03Z http://umpir.ump.edu.my/id/eprint/32957/ The evidence of microfinance as a tool in poverty alleviation in Malaysia – A survey Ahmad Nazrie, Mohd Nor Kumar, Senthil HG Finance Poverty issues are still prevalent in Malaysia and microfinance is one of the best available tools to overcome that situation because it provides loans with fewer regulations. Response from 330 respondents were acquired to bolster this fact and this paper projects strong evidences on the effectiveness of microfinance and its potential to eradicate poverty in Malaysia using Partial Least Square-Structural Equation- Modelling (PLS-SEM). The results of the study show that there is a significant relationship between loan characteristics, family status, borrowers’ characteristics, business features and training development on social wellbeing, employment generation, household income and micro enterprise performance. Science Research Society 2021-07 Article PeerReviewed pdf en cc_by_nc_4 http://umpir.ump.edu.my/id/eprint/32957/1/IFERP%20Full%20Paper.pdf Ahmad Nazrie, Mohd Nor and Kumar, Senthil (2021) The evidence of microfinance as a tool in poverty alleviation in Malaysia – A survey. Turkish Online Journal of Qualitative Inquiry (TOJQI), 12 (6). 9673 -9685. ISSN 1309-6591 |. (Published) https://www.tojqi.net/index.php/journal/article/view/3494/2382
spellingShingle HG Finance
Ahmad Nazrie, Mohd Nor
Kumar, Senthil
The evidence of microfinance as a tool in poverty alleviation in Malaysia – A survey
title The evidence of microfinance as a tool in poverty alleviation in Malaysia – A survey
title_full The evidence of microfinance as a tool in poverty alleviation in Malaysia – A survey
title_fullStr The evidence of microfinance as a tool in poverty alleviation in Malaysia – A survey
title_full_unstemmed The evidence of microfinance as a tool in poverty alleviation in Malaysia – A survey
title_short The evidence of microfinance as a tool in poverty alleviation in Malaysia – A survey
title_sort evidence of microfinance as a tool in poverty alleviation in malaysia a survey
topic HG Finance
url http://umpir.ump.edu.my/id/eprint/32957/1/IFERP%20Full%20Paper.pdf
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