Microcredit, Microenterprises And Social Welfare Of The Rural Poor In North-Eastern Trinidad: An Evaluation Of "Hope"

The study examined the relationship between microcredit, microenterprises, and the social welfare of the rural poor in north-eastern Trinidad. Guided by the main propositions of social capital theory, the researchers held 45 semi-structured interviews with active participants/clients within a cas...

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Main Authors: Flavius, Talia Esnard, Aziz, Zainab
Format: Article
Language:English
Published: Asian Academy of Management (AAM) 2011
Subjects:
Online Access:http://eprints.usm.my/36559/1/AAMJ_16.1.5.pdf
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author Flavius, Talia Esnard
Aziz, Zainab
author_facet Flavius, Talia Esnard
Aziz, Zainab
author_sort Flavius, Talia Esnard
collection USM
description The study examined the relationship between microcredit, microenterprises, and the social welfare of the rural poor in north-eastern Trinidad. Guided by the main propositions of social capital theory, the researchers held 45 semi-structured interviews with active participants/clients within a case study research design. The data showed that access to microcredit through Helping Others Prosper Economically (HOPE) positively affected their microenterprises and social welfare, though marginally. Findings also revealed that fragmented social relations within the network, conflict, distrust, and the loose structure of the program limited the impact of their access to microcredit on social welfare as well as the financial potential of the lending organisation, that is, HOPE. It is the contention of this paper, therefore, that such questionable social relations dynamics 'hijack' the promise of collective social networks as exercised through goodwill and resource building. Implications of this study and directions for future research are discussed.
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spelling usm.eprints-365592017-09-18T04:21:25Z http://eprints.usm.my/36559/ Microcredit, Microenterprises And Social Welfare Of The Rural Poor In North-Eastern Trinidad: An Evaluation Of "Hope" Flavius, Talia Esnard Aziz, Zainab HD28-70 Management. Industrial Management The study examined the relationship between microcredit, microenterprises, and the social welfare of the rural poor in north-eastern Trinidad. Guided by the main propositions of social capital theory, the researchers held 45 semi-structured interviews with active participants/clients within a case study research design. The data showed that access to microcredit through Helping Others Prosper Economically (HOPE) positively affected their microenterprises and social welfare, though marginally. Findings also revealed that fragmented social relations within the network, conflict, distrust, and the loose structure of the program limited the impact of their access to microcredit on social welfare as well as the financial potential of the lending organisation, that is, HOPE. It is the contention of this paper, therefore, that such questionable social relations dynamics 'hijack' the promise of collective social networks as exercised through goodwill and resource building. Implications of this study and directions for future research are discussed. Asian Academy of Management (AAM) 2011 Article PeerReviewed application/pdf en http://eprints.usm.my/36559/1/AAMJ_16.1.5.pdf Flavius, Talia Esnard and Aziz, Zainab (2011) Microcredit, Microenterprises And Social Welfare Of The Rural Poor In North-Eastern Trinidad: An Evaluation Of "Hope". Asian Academy of Management Journal (AAMJ), 16 (1). pp. 1-24. ISSN 1394-2603 http://web.usm.my/aamj/16.1.2011/AAMJ_16.1.5.pdf
spellingShingle HD28-70 Management. Industrial Management
Flavius, Talia Esnard
Aziz, Zainab
Microcredit, Microenterprises And Social Welfare Of The Rural Poor In North-Eastern Trinidad: An Evaluation Of "Hope"
title Microcredit, Microenterprises And Social Welfare Of The Rural Poor In North-Eastern Trinidad: An Evaluation Of "Hope"
title_full Microcredit, Microenterprises And Social Welfare Of The Rural Poor In North-Eastern Trinidad: An Evaluation Of "Hope"
title_fullStr Microcredit, Microenterprises And Social Welfare Of The Rural Poor In North-Eastern Trinidad: An Evaluation Of "Hope"
title_full_unstemmed Microcredit, Microenterprises And Social Welfare Of The Rural Poor In North-Eastern Trinidad: An Evaluation Of "Hope"
title_short Microcredit, Microenterprises And Social Welfare Of The Rural Poor In North-Eastern Trinidad: An Evaluation Of "Hope"
title_sort microcredit microenterprises and social welfare of the rural poor in north eastern trinidad an evaluation of hope
topic HD28-70 Management. Industrial Management
url http://eprints.usm.my/36559/1/AAMJ_16.1.5.pdf
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AT azizzainab microcreditmicroenterprisesandsocialwelfareoftheruralpoorinnortheasterntrinidadanevaluationofhope