MICROENTERPRISE DEVELOPMENT PROGRAM SUCCESS: A PATH ANALYSIS OF FACTORS THAT LEAD TO AND MEDIATE CLIENT SUCCESS

2007 ◽  
Vol 12 (01) ◽  
pp. 47-69 ◽  
Author(s):  
MICHELE CRANWELL SCHMIDT ◽  
JANE M. KOLODINSKY
Keyword(s):  
Development Program ◽  
Course Completion ◽  
Well Being ◽  
Financial Resources ◽  
Client Characteristics ◽  
Microenterprise Development ◽  
Program Success ◽  
Business Goals ◽  
Loan Financing ◽  
Sources Of Capital

Through a path regression analysis of data from the Vermont Micro Business Development Program, this study examines the relationships between client characteristics, program activities, interim outcomes, and impacts, to understand factors that lead to and mediate client success in microenterprise development programs and as entrepreneurs. Statistics demonstrated excellent model fit to the data. The interim outcome of improved personal well-being was related to more sources of capital, course completion, being partnered and younger. Starting a business was related to having more financial resources and mediated by improved well-being. Clients who experienced an increase in income had previous business experience and an increase in assets. Increased income was mediated by improved well-being and business start. Reduction in public assistance was related to course completion, more sources of capital, not being in poverty, and increased assets. Increased assets were related to more education, not being in poverty, and more sources of capital. Being older, more sources of capital, a larger family, and improved well-being led to job creation. Overall, access to more financial resources enabled clients to meet personal and business goals and work toward self-sufficiency. The results suggest implications for public policy regarding business training and loan financing.

scholarly journals Financial Resources and Later-Year Relocation From the Annuitized Assessment of Income and Assets

2020 ◽  
Vol 4 (Supplement_1) ◽  
pp. 50-50
Author(s):  
Jun-Hong Chen ◽  
Sojung Park
Keyword(s):  
Older Adults ◽  
Living Arrangement ◽  
Panel Study ◽  
Behavioral Model ◽  
Well Being ◽  
Economic Factor ◽  
Health Condition ◽  
Financial Resources ◽  
Individual Level ◽  
Mortality Table

Abstract Solid evidence has shown financial resources play important roles in housing decisions among older adults. Despite the growing research on the joint assessment of income and assets as valid economic well-being, little attention is paid to its role in relocation in old age. Drawing from the Behavioral Model of Elderly Migration, this study examined to what extent financial resources are associated with the likelihood of moving in later years. The data came from the 2017 Panel Study of Income Dynamic (PSID). A sample of 1354 people, 65 years and older, was used in the analyses. We used the annuitized approach, which is different from conventional approaches that assume people draw down all available assets to satisfy daily needs and leave no assets for use in later years. We (1) assessed annuitized assets based on the 2019 IRS Mortality Table, (2) assessed yearly income using supplementary income (i.e. income plus non-discretionary expense). A final indicator of the summed score was used in a logistic regression to predict the likelihood of moving. A set of covariates known to affect later- year relocation at an individual level (e.g. health condition, living arrangement change), environmental level (e.g. rural, non-metro area) are controlled for. In clear conflict with previous studies, we found annual financial resources did not significantly influence relocation among older adults. The notable absence of the well-known role of the economic factor provides critical initial evidence about the importance of simultaneous assessment of financial resources for the literature on later year relocation.

scholarly journals Internal and External Resources of the Lifestyle Leaders

2020 ◽  
Vol 4 (Supplement_1) ◽  
pp. 612-612
Author(s):  
Martina Raue ◽  
Lisa D’Ambrosio ◽  
Taylor Patskanick ◽  
John Rudnik ◽  
Adam Felts ◽  
...  
Keyword(s):  
Physical Health ◽  
Significant Role ◽  
Oldest Old ◽  
Well Being ◽  
Self Esteem ◽  
Financial Resources ◽  
External Resources ◽  
Resource Decline ◽  
New Challenges

Abstract With older age, people experience declines in resources and face new challenges. The goal of this study was to understand how resource decline affects the oldest olds’ well-being, but also to learn who they trust and where they go for advice in areas such as health, finances, and technology. This sample of 30 participants between the ages of 85 and 95 was generally resource-rich, scoring highest on self-esteem and optimism and lowest on mastery. Self-esteem and optimism correlated with financial resources, indicating a significant role of finances in this rather wealthy sample. Well-being was predicted by self-esteem and physical health. Presumably, their high levels of self-esteem compensate for the loss of other resources among the oldest old. The majority of lifestyle leaders trust in other people, and while friends and family are very important sources of advice, searching online was equally often mentioned as a source when looking for advice.

scholarly journals Ensuring the financial probability of the united territorial communities in the conditions of decentralization

2020 ◽  
pp. 191-199
Author(s):  
Natalia Yevtushenko ◽  
Vitalina Malyshko ◽  
Yuliia Horodnichenko
Keyword(s):  
Social Services ◽  
Technical Assistance ◽  
Synthesis Method ◽  
Well Being ◽  
Financial Resources ◽  
Territory Quality ◽  
State Budget ◽  
Complex Process ◽  
Analysis And Synthesis ◽  
General Scientific

Subject of research is the sources of funding for the social development of united territorial communities (UTC). The purpose of the article is to determine the prospects and measures to attract financial resources for the development of local communities in a decentralized environment. Methods which were used in course of research: method of system-structural analysis and synthesis, method of comparative analysis, generalization, statistical, general scientific, special methods of scientific knowledge and other research methods. Study results.The article identifies the main obstacles to effective financial support for the development of territorial communities, considers some experience in finding and raising funds for the development of territories, describes the sources of such funds. Measures that will contribute to the investment attractiveness of the territory are analyzed and substantiated. Application of results. The results of the study can be used by the united territorial communities for the formation of financial resources, as well as in higher education institutions in the teaching of economic disciplines. Conclusions. After conducting the research, it should be noted that the process of uniting territorial communities in Ukraine and, consequently, attracting financial resources to their budgets is a rather complex process and therefore requires consolidation of efforts at all levels of government and support from European partners.  Due to the reform of decentralization of management in Ukraine, capable territorial communities should be created that are able to ensure the development of the territory, quality provision of social services and promote the well-being of their residents and Ukraine in general.  It is determined that the main sources of funds for socio-economic development of UTC are: international technical assistance, additional subventions from the state budget to local budgets for the formation of community infrastructure, local taxes from businesses.

scholarly journals Mapping Of The Responsible Investments Instruments In Sdg 3 ‘Good Health And Well-Being’ Financing: EU And US Experience

2020 ◽  
Vol 1 (1) ◽  
pp. 106-115
Author(s):  
Yulia Sepreninova ◽  
Inna Makarenko ◽  
Alex Plastun ◽  
Angela Babko ◽  
Gunnay Gasimova
Keyword(s):  
United States ◽  
Health Care ◽  
Sustainable Development ◽  
International Development ◽  
World Bank ◽  
Development Program ◽  
Well Being ◽  
Good Health ◽  
Responsible Investment ◽  
Health And Well Being

This article summarizes the existing approaches to investigating instruments of responsible investments in the health care system in Europe and in United States. The main research’s purpose is to identify existing instruments of responsible investment under funding Sustainable Development Goal 3: ‘Good health and well-being’. Systematization of scientific sources and approaches on the investigated issue showed no unique approach to forming a list of responsible investment instruments to finance health and well-being in Europe and United States. Hence, existing approaches vary by risk, return, suitability for financing, and so on. Therefore, the analysis and generalization of existing approaches and investigating their implementation-related practical features are the relevant scientific problem. The research’s object is the health care financing approaches of the generally recognized organizations such as the Financial Initiative for Biodiversity under the United Nations Development Program, the United States Agency for International Development and the World Bank (Biodiversity Finance Initiative United Nation Development Program, USAID, World Bank). The authors noted that these organizations contributed greatly to provide funding for these projects at the global level. For gaining the research’s goal, this study was conducted in the following logical sequence. Firstly, the authors characterized the Biofin financial decisions in health care under the United Nations Development Program. Secondly, the study systematized the U.S. Agency for International Development financing approaches regarding the Sustainable Development Goal 3. Then, the authors generalized the practical directions towards realizing the mentioned above instruments while digging into the World Bank responsible investment activity regarding health care. The study suggested the typology method to identify the key criteria for classifying responsible investment instruments. In turn, the mapping method was used to generalize the scientific background concerning health care finance. Therefore, the findings could help scientists further develop and unify the classification of responsible investment instruments regarding sustainable development and health care financing based on EU and US experience. Moreover, the obtained results enrich the existing global approaches in funding the national health care system and reaching the established Sustainable Development Goals 3 ‘Good health and well-being’.

scholarly journals Analyse De La Contribution Des Collectivités Territoriales Au Développement Local En Côte D’ivoire : Cas Du Département D’agboville

2018 ◽  
Vol 14 (32) ◽  
pp. 286
Author(s):  
N’tchuvi Tanoh Yves-Cyrille ◽  
Aloko-N’guessan Jérôme
Keyword(s):  
Direct Observation ◽  
Local Development ◽  
Methodological Approach ◽  
Well Being ◽  
Financial Resources ◽  
General Counsel ◽  
Local Authorities ◽  
Field Surveys ◽  
Basic Services ◽  
Development Department

This study focuses on the contribution of local authorities to the development of the Agboville department. It allows the two (02) levels of communities involved in the planning and development of that department. These are the former general counsel of Agboville and the regional council of Agneby-Tiassa. The first was involved in the planning and development department said 2002 to 2012. The second takes over from 2013. The main objective of this study is to highlight the ability of these local entities to provide basic services to the population for their well-being. The methodological approach was to assess the triennial programs and administrative accounts of local authorities and conducting field surveys, to conduct interviews with local authorities and direct observation of the actions carried. The results show that investments by local authorities are poor. This deficiency is linked to the lack of financial resources, which therefore does not allow them to ensure adequate local development.

scholarly journals The Impact of Distal Influences and Proximal Resources on the Mental Health of African American Older Adults: Findings From the Georgia Centenarian Study

2020 ◽  
Vol 4 (5) ◽  
Author(s):  
Meneka C Johnson Nicholson ◽  
Peter Martin ◽  
Megan Gilligan ◽  
Carolyn E Cutrona ◽  
Daniel W Russell ◽  
...  
Keyword(s):  
Mental Health ◽  
Older Adults ◽  
African American ◽  
Health Outcomes ◽  
Early Life ◽  
Well Being ◽  
Mental Health Outcomes ◽  
Financial Resources ◽  
The Impact ◽  
African American Older Adults

Abstract Background and Objectives Over the years, a large amount of research has been devoted to the investigation of factors that led to mental health outcomes in older adults. For African American older adults, their lived experiences place them at high risk for mental health problems. The purpose of this study was to examine the impact of early life influences (i.e., education, childhood life events, and childhood financial well-being) and present psychosocial resources (i.e., individual, financial, and social) on current mental health outcomes in a sample of African American older adults in their 60s, 80s, and 100s. Research Design and Methods Using data from the Georgia Centenarian Study, 125 participants were interviewed about their mental health, resources, and early life influences. Results A structural equation model was tested and resulted in a good fit. Results indicated that the more social resources African American older adults had available, the lower the number of depressive symptoms they reported. African Americans with higher levels of financial well-being during childhood reported higher self-rated mental health. Older adults had higher levels of financial resources. Level of education showed a positive relationship with financial resources. Indirect effects of distal influences on health outcomes via current resources were not found. Discussion and Implications The findings are of direct practical relevance and can be used to more readily identify older African Americans who may be susceptible to poorer mental health outcomes based upon the impact of their unique distal and proximal psychosocial resources.

scholarly journals Continued Access to Investigational Medicinal Products for Clinical Trial Participants—An Industry Approach

2018 ◽  
Vol 28 (1) ◽  
pp. 124-133 ◽  
Author(s):  
ARIELLA KELMAN ◽  
ANNA KANG ◽  
BRIAN CRAWFORD
Keyword(s):  
Clinical Trial ◽  
Clinical Trials ◽  
Pharmaceutical Research ◽  
Development Program ◽  
Well Being ◽  
Third Party ◽  
Clinical Development Program ◽  
Clinical Trial Evidence ◽  
Access To Medical Care ◽  
Trial Participants

Abstract:In the conduct of clinical trials for pharmaceutical research, access to investigational medicines following clinical trials is often necessary for the continued health and well-being of the trial participants; it is an ethical obligation under some circumstances, as outlined in the Declaration of Helsinki 2013 Article 34. This obligation becomes particularly important in lower-income countries, where access to medical care may be limited. Although there is agreement among global research and bioethics communities that continued access should be provided with prospectively defined parameters and procedures, the process is complex, as many responsible parties and complicated logistics are involved. Roche Pharmaceuticals developed and publicly posted the company’s policy regarding continued access to investigational medicines in 2013. This article provides insights on the policy, including the parameters that determine when continued access is and is not considered to be appropriate, along with an example from an active clinical development program. It also describes how multiple stakeholders, including those in academia, industry, government, and patient advocacy, have worked together to assess approaches to continued access. Continued access plans should be transparent and agreed to by research participants, investigators, and governments prior to the study and reassessed based on clinical trial evidence of safety and efficacy and availability of adequate treatments, along with relevant international laws and customs. Conducting responsible continued access programs requires close partnerships with investigators, health authorities, and third-party research partners.

scholarly journals APPLYING THE DIME APPROACH TO A FINANCIAL LITERACY PROGRAM

2019 ◽  
Vol 3 (Supplement_1) ◽  
pp. S580-S581
Author(s):  
Lisa M Brown
Keyword(s):  
Low Income ◽  
Financial Literacy ◽  
Well Being ◽  
Financial Resources ◽  
Financial Security ◽  
Diverse Populations ◽  
Knowledge And Skills ◽  
Culturally Adapted ◽  
Professional Research ◽  
Peer Counselling

Abstract Financial literacy is defined as “the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being.” The Money Smart Peer-to-Peer Program (MSP) was developed by the FDIC for use with diverse populations. MSP was culturally adapted for use in Jamaica using the Johns Hopkins DIME process. Peer counselling programs consistently demonstrate that they are acceptable and effective with adults who have limited education and low-income by overcoming barriers that are typically encountered when people attempt to access unfamiliar services or guidance from a professional. Research conducted with the MSP program reveals that program participants were more likely to open and save using deposit accounts, use and adhere to a budget, and have increased confidence in their financial abilities 6 to 12 months after completing the course. Implementation of MSP increases the likelihood that people can retire with dignity and financial security.

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