Role of Microfinance for Entrepreneurial Success-Reference-Cited by-同舟云学术

Role of Microfinance for Entrepreneurial Success

Published:2022-09-23 Issue: Volume: Page:193-210
ISSN:
Container-title:Research Anthology on Microfinance Services and Roles in Social Progress
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Author:

Dzingirai Mufaro¹^ORCID,Baporikar Neeta²^ORCID

Affiliation:

1. Midlands State University, Zimbabwe

2. Namibia University of Science and Technology, Namibia & University of Pune, India

Abstract

The main objective of the paper is to analyze the influence of microfinance on entrepreneurial success of Zimbabwean SMEs. Adopting explanatory research design with a sample that constitutes 120 business owners of SMEs in Gweru district data collection was through questionnaire administering that used Likert scale-type questions. The hypotheses are analyzed using Spearman's correlation and regression analysis in order to empirically establish the influence of microfinance on entrepreneurial success. The main regression results show a strong positive relationship between microfinance and entrepreneurial success, a weak negative relationship between the business owner's age and entrepreneurial success, and a positive relationship between the level of studies and entrepreneurial success of Zimbabwean SMEs.

Publisher

IGI Global

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