A socio-economic study of the borrowing process: the case of microentrepreneurs in Jordan
AbstractThis paper investigates the socio-economic determinants of four stages of borrowing process of the Jordanian microfinance market. The equations and functions corresponding to the stages of the borrowing process are estimated using a sample of 474 microentrepreneurs. The main results are as follow: variables that reflect the repayment ability are the main determinants of credit rationing in the microfinance market; religious beliefs, social responsibilities, availability of local microfinance provides, application costs, level of knowledge about microfinance providers significantly affect the borrowing process of microentrepreneurs. Credit rationing is found to be a problem for some applicants, but not for the majority.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 38 (2006)
Issue (Month): 14 ()
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Other versions of this item:
- Dutta, Dilip & Magableh, Ihab, 2004. "A socio-economic study of the borrowing process: The case of microentrepreneurs in Jordan," Working Papers 7, University of Sydney, School of Economics.
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