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Entrepreneurial Success through Microfinance Services among Women Entrepreneurs in Sri Lanka: A Pilot Study and Overview of the Findings

Author

Listed:
  • D. T. Kingsley Bernard

    (Department of Business Management, Sri Lanka Institute of Information Technology, Malabe, Sri Lanka,)

  • Low Lock Teng Kevin

    (Faculty of Accountancy and Management, Universiti Tunku Abdul Rahman, Jalan Sungai Long, Bandar Sungai Long, 43000 Kajang, Selangor, Malaysia,)

  • Aye Aye Khin

    (Faculty of Accountancy and Management, Universiti Tunku Abdul Rahman, Jalan Sungai Long, Bandar Sungai Long, 43000 Kajang, Selangor, Malaysia)

Abstract

Determining microfinance services which facilitate entrepreneurial success (ES) among women entrepreneurs who use such services remains a major issue in the microfinance sector. To address this gap, this study was designed to tap into microfinance services constructs as well as ES of women entrepreneurs within the conceptual model. The relevant questionnaire was piloted among 40 women through microfinance services in Sri Lanka. Based on theories, the measures which comprise microcredit, micro-saving, micro-insurance, business-support, skills development and dependent variable of the ES among women through micro finance were derived from the literature and expert opinion. These constructs were subject to reliability and validity tests to decide on the measures and items to be retained to represent microfinance services and ES in microfinance sector in Sri Lanka. The findings of the study will provide a good starting point to identify the suitable measurements. Further the study will pave way for a comprehensive study which can develop a diamond specification model for the financial sector in Sri Lanka.

Suggested Citation

  • D. T. Kingsley Bernard & Low Lock Teng Kevin & Aye Aye Khin, 2016. "Entrepreneurial Success through Microfinance Services among Women Entrepreneurs in Sri Lanka: A Pilot Study and Overview of the Findings," International Journal of Economics and Financial Issues, Econjournals, vol. 6(3), pages 1144-1150.
    • Handle: RePEc:eco:journ1:2016-03-42
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    References listed on IDEAS

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    Cited by:

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    More about this item

    Keywords

    Entrepreneurial Success; Microfinance Services; Women in Sri Lanka;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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