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Impact of Microfinancing in Nueva Ecija

Journal: International Journal of English, Literature and Social Science (Vol.5, No. 1)

Publication Date:

Authors : ;

Page : 44-46

Keywords : Microfinancing; Impact; Loans; Savings; Microfinance.;

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Abstract

There are significant disparities between ASEAN's ' business ' economies, both in the incidence of deprivation that could promote microfinance initiatives as a solution to disadvantage, and in the balance between private and public participation in the process.The study described the impact of Micro Financing to the business industry in terms of: Impact on per capita income, expenditure, and savings on business and family; Impact on other loans and personal savings; and Impact on the number of enterprises and employment. Survey questionnaire with liker-type scale questions were used in the study. The finding of the study in summary to the aspects is that there is a positive impact of microfinancing to Family and Business industry.

Last modified: 2020-03-23 16:06:13