An economic impact assessment of a microcredit program in Malaysia: the case of Amanah Ikhtiar Malaysia (AIM)
This study uses econometric models to evaluate the economic performance of clients participating in the microcredit program of Amanah Ikhtiar Malaysia (AIM). Several proxies are used for the economic performance variable (dependent variables), such as level of earnings/income, ratio of spending to i...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universiti Malaysia Sarawak
2011
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/9047/1/AIM_study_IJBS%28revised_22Sep10%292.pdf |
| _version_ | 1796875690407100416 |
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| author | Md Saad, Norma Duasa, Jarita |
| author_facet | Md Saad, Norma Duasa, Jarita |
| author_sort | Md Saad, Norma |
| collection | IIUM |
| description | This study uses econometric models to evaluate the economic performance of clients participating in the microcredit program of Amanah Ikhtiar Malaysia (AIM). Several proxies are used for the economic performance variable (dependent variables), such as level of earnings/income, ratio of spending to income and value of assets. The regressors (independent variables) used are education level, age, amount of loan, source of income, and ownership of assets. The study found that the economic performance of AIM participants is significantly determined by the amount of money borrowed from AIM. Other factors found to influence the respondents’ economic performance are education level, age, gender, assets owned before joining AIM, and area of residence. Because level of education is found to contribute significantly to the economic performance of AIM participants, it is suggested that AIM should work to educate its borrowers. In particular, it should provide business training. |
| first_indexed | 2024-03-05T22:42:21Z |
| format | Article |
| id | oai:generic.eprints.org:9047 |
| institution | International Islamic University Malaysia |
| language | English |
| last_indexed | 2024-03-05T22:42:21Z |
| publishDate | 2011 |
| publisher | Universiti Malaysia Sarawak |
| record_format | dspace |
| spelling | oai:generic.eprints.org:90472012-01-19T04:49:33Z http://irep.iium.edu.my/9047/ An economic impact assessment of a microcredit program in Malaysia: the case of Amanah Ikhtiar Malaysia (AIM) Md Saad, Norma Duasa, Jarita HG3691 Credit This study uses econometric models to evaluate the economic performance of clients participating in the microcredit program of Amanah Ikhtiar Malaysia (AIM). Several proxies are used for the economic performance variable (dependent variables), such as level of earnings/income, ratio of spending to income and value of assets. The regressors (independent variables) used are education level, age, amount of loan, source of income, and ownership of assets. The study found that the economic performance of AIM participants is significantly determined by the amount of money borrowed from AIM. Other factors found to influence the respondents’ economic performance are education level, age, gender, assets owned before joining AIM, and area of residence. Because level of education is found to contribute significantly to the economic performance of AIM participants, it is suggested that AIM should work to educate its borrowers. In particular, it should provide business training. Universiti Malaysia Sarawak 2011-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/9047/1/AIM_study_IJBS%28revised_22Sep10%292.pdf Md Saad, Norma and Duasa, Jarita (2011) An economic impact assessment of a microcredit program in Malaysia: the case of Amanah Ikhtiar Malaysia (AIM). International Journal of Business and Society, 12 (1). pp. 1-14. ISSN 1511-6670 http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=f66cee65-7ee2-4ebd-a07f-3dd323f6618b%40sessionmgr114&vid=4&hid=112 |
| spellingShingle | HG3691 Credit Md Saad, Norma Duasa, Jarita An economic impact assessment of a microcredit program in Malaysia: the case of Amanah Ikhtiar Malaysia (AIM) |
| title | An economic impact assessment of a microcredit program in Malaysia: the case of Amanah Ikhtiar Malaysia (AIM) |
| title_full | An economic impact assessment of a microcredit program in Malaysia: the case of Amanah Ikhtiar Malaysia (AIM) |
| title_fullStr | An economic impact assessment of a microcredit program in Malaysia: the case of Amanah Ikhtiar Malaysia (AIM) |
| title_full_unstemmed | An economic impact assessment of a microcredit program in Malaysia: the case of Amanah Ikhtiar Malaysia (AIM) |
| title_short | An economic impact assessment of a microcredit program in Malaysia: the case of Amanah Ikhtiar Malaysia (AIM) |
| title_sort | economic impact assessment of a microcredit program in malaysia the case of amanah ikhtiar malaysia aim |
| topic | HG3691 Credit |
| url | http://irep.iium.edu.my/9047/1/AIM_study_IJBS%28revised_22Sep10%292.pdf |
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