Sustaining Small Entrepreneurs Through a Microcredit Program in Penang, Malaysia: A Case Study

Hassan, Mohd Sayuti; Ibrahim, Kamarulzaman

doi:10.1080/10911359.2014.956961

Cited by 13 publications

(8 citation statements)

References 11 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Their programmes are proven to improve rural enterprise, skills, confidence, and social standing among rural women (Chan & Abdul Ghani, 2011). Besides individual improvements, MFIs are found to increase entrepreneurs’ income and fulfil their basic need (Hassan & Ibrahim, 2015). In terms of the quality of life between MFI old and new participant, old participants live in bigger houses.…”

Section: Literature Reviewmentioning

confidence: 99%

“…In Malaysia, microfinance is critical to the socio-economic development of the low-income and poor households. Previous studies have found that microfinance initiatives include increasing microenterprise assets of the hardcore poor households (Al Mamun, Wahab, & Malarvizhi, 2010); improving the quality of life of the borrowers (Al Mamun, Adaikalam, Mazumder, & Wahab, 2011); increasing employment opportunities at both community and household levels (Al Mamun, Wahab, & Malarvizhi, 2011); having a positive impact on total productive assets and the number of gainfully employed (Al Mamun, Malarvizhi, Hossain, & Wahab, 2011); encouraging the development of rural enterprises, skills, and confidence and social standing of rural women (Chan & Abdul Ghani, 2011); significantly related to MSE performance (Mahmood & Mohd Rosli, 2013); affecting the development of formal bonding social capital (Al Mamun, 2014); decreasing the level of economic vulnerability (Al Mamun, Mazumder, & Malarvizhi, 2014); increasing household income and reducing both poverty and level of economic vulnerability (Al Mamun & Mazumder, 2015); increasing income and fulfilling basic needs of entrepreneurs (Hassan & Ibrahim, 2015); having a positive impact on household income (Samer et al, 2015); affecting women’s monthly income and empowering them in household decision making (Al-Shami, Razali, & Rashid, 2017) and positively affecting borrowers household income and personal assets acquisition (Al-Shami, Majid, Mohamad, & Rashid, 2017).…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Observations of Participation in Development Initiatives on Enterprise Income and Asset in Peninsular Malaysia

Mamun

Ibrahim

Rajennd

et al. 2019

Journal of Entrepreneurship and Innovation in Emerging Economie

View full text Add to dashboard Cite

This study examined the impact of access to working capital and microenterprise development training programmes on microenterprise income and assets among participants from various development initiatives in the eKasih (National Poverty Data Bank) in Peninsular Malaysia. Adopting a cross-sectional design, we collected data from randomly selected 300 micro-entrepreneurs from the list of development organizations available in the eKasih (National Poverty Data Bank), located in four states in Peninsular Malaysia. Quantitative data were collected through structured interviews from October to November 2017. Findings revealed that the ‘length of participation in development programs’ increased microenterprise income and assets among low-income participants in Peninsular Malaysia. The total amount of economic loan received was also found to increase microenterprise assets. However, the effect on microenterprise income was not clear. In addition, development training programmes were found to have no substantial effect on both microenterprise income and assets. This article ascertained a mixed result of participation in development programmes on microenterprise income and assets among low-income households in Peninsular Malaysia. Development policymakers and organizations should review the effectiveness of the programmes and redesign their products and services to achieve their objectives.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Observations of Participation in Development Initiatives on Enterprise Income and Asset in Peninsular Malaysia

Mamun

Ibrahim

Rajennd

et al. 2019

Journal of Entrepreneurship and Innovation in Emerging Economie

View full text Add to dashboard Cite

show abstract

“…Their programs have been proven to improve rural enterprise and social standing among rural women (Chan and Abdul Ghani, 2011). Besides individual improvement, MFIs are found to increase entrepreneurs' income and fulfill their basic needs (Hassan and Ibrahim, 2015). In terms of the quality of life between MFI old and new participants, old participants live in bigger houses.…”

Section: Low-income Householdsmentioning

confidence: 99%

Development programs, household income and economic vulnerability

Mamun

Ibrahim

Muniady

et al. 2018

WJEMSD

View full text Add to dashboard Cite

Purpose The purpose of this paper is to improve the socio-economic condition of low-income households in Malaysia, many products and services are available, including access to working capital and enterprise development training programs. This study examined the impact of access to working capital and micro-enterprise development training programs on household income and economic vulnerability among participants of development initiatives in the eKasih (national poverty data bank) in Peninsular Malaysia. Design/methodology/approach Adopting a cross-sectional design, the authors collected data randomly from the selected 300 micro-entrepreneurs from the list of development organizations available in the eKasih (national poverty data bank) located in four states of Peninsular Malaysia. Quantitative data were collected through structured interviews with the respondents from October to November 2017. Findings Both the length of participation and total amount of economic loan were found to increase the household income. However, there was no positive and significant impact of total number of training hours on household income. Interestingly, length of participation was found to reduce the level of economic vulnerability, except total amount of economic loan, and total number of training hours. Originality/value Despite the overwhelming empirical evidence, the findings indicated that the impact of enterprise development training programs was inconclusive. The effect of total amount of loan on economic vulnerability was also inconclusive. Hence, both policy makers and development organizations should understand how their programs benefit the poor households that can be improved through new implementation strategies.

show abstract

“…Regulators, who historically have had the function of regulating and monitoring financial system management (Ardic et al , 2011), are now targeting the issue of expansion of financial access. As an example, the studies of Panjaitan-Drioadisuryo and Cloud (1999), Nair (2001), Sanyal (2009), Hassan and Ibrahim (2015) underline that political and governmental strategy plays a relevant role in financial inclusion, as everyone should have access to financial resources and no barriers should exist to limit financial services accessibility (Hannig and Jansen, 2010).…”

Section: A Brief Review Of the Theoretical Background On Financial Inclusionmentioning

confidence: 99%

The financial gap for women in the MENA region: a systemic perspective

Saviano

Nenci²,

Caputo

2017

View full text Add to dashboard Cite

Access to finance and financial capability are both intermediate outcomes and components of financial inclusion. Being strictly related to one another, efforts to simply improve financial access without improving financial capability and contextual conditions for development at the same time, will be inadequate. They will be also unsustainable taking into account that choosing and using the most adequate financial product (access) can be complex if not impossible as understanding the full implications in terms of risks, costs and benefits without the skills and knowledge to make informed financial choices (capability) (United Nations, 2009; United Nations, 2010; United Nations Development Programme, 2013).\ud Developing financial capability is consequently just one of the intermediate outcomes for financial inclusion (Deb and Kubzansky, 2012) the attainment of which requires a portfolio of diverse customized products and services. Hence, to successfully include the gender dimension into the financial inclusion agenda, innovative modes of accessing financial services have to be tailored for women, and the capability of using these products developed as a component of the same action (Arora-Jonsson, 2014). \ud To enable such changes, a sharp shift should occur at a market level (Del Giudice et al., 2016). Our paper moves from reading the current scenario, with a focus on the MENA (Middle East and North Africa) region, to discussing the required changes to effectively address financial inclusion for woman.\ud Following the introduction, a short description of the methodology approach adopted and a brief analysis of the literature on women’s financial inclusion in order to identify dominant academic opinions and approaches, are provided. A focus on MENA financial markets enables the analysis of women financial gap in these markets and offers a basis for discussion of the issue aimed to a better understanding of the needs of women entrepreneurs’. Subsequently, required change is proposed by means of a systems thinking view, while suggestions and relative limitations aimed at fostering discussion and further research conclude this work

show abstract

Sustaining Small Entrepreneurs Through a Microcredit Program in Penang, Malaysia: A Case Study

Cited by 13 publications

References 11 publications

Observations of Participation in Development Initiatives on Enterprise Income and Asset in Peninsular Malaysia

Observations of Participation in Development Initiatives on Enterprise Income and Asset in Peninsular Malaysia

Development programs, household income and economic vulnerability

The financial gap for women in the MENA region: a systemic perspective

Contact Info

Product

Resources

About