scholarly journals The Role of products of Microfinance for Reducing the Poverty of the Borrowers: Exploratory Factor Analysis

2020 ◽  
Vol 15 (3) ◽  
pp. 2244-2251
Author(s):  
J.A Prasansha Kumari
Keyword(s):  
Factor Analysis ◽  
Sri Lanka ◽  
Exploratory Factor Analysis ◽  
Poverty Reduction ◽  
Structural Characteristics ◽  
Likert Scale ◽  
Good Pattern ◽  
Pattern Distribution ◽  
Independent Variable

This paper intend to analyses the structural characteristics of microfinance and statistically categorized them in to five products of microfinance as independent variable and poverty reduction as dependent variable.  Data were gathered from 494 borrowers of Samurdhi microfinance program in five districts in Sri Lanka using Likert scale questionnaire.  The collected data analyzed by Exploratory Factor analysis using SPSS 21 version.  The factor Metrix of the EFA results presented good pattern distribution among 38 items which indicated that six constructs loaded properly which is greater than acceptable threshold >0.5. Therefore, the results explored that the 38 items can be grouped properly into the six constructs based on their items.

scholarly journals THE ROLE OF ISLAMIC MICRO-FINANCE IN ENHANCING THE WELLBEING OF THE CLIENTS: EXPLORATORY FACTOR ANALYSIS

2017 ◽  
Vol 8 (3) ◽  
pp. 94 ◽  
Author(s):  
Usman A. S. ◽  
Tasmin, R. ◽  
Ulum, Z. K. A. B. ◽  
A. A. Abubakar
Keyword(s):  
Factor Analysis ◽  
Pilot Study ◽  
Exploratory Factor Analysis ◽  
Internal Consistency ◽  
Empirical Data ◽  
Structural Characteristics ◽  
Factor Loadings ◽  
Finance Model ◽  
Acceptable Internal Consistency

This pilot study seek to explore the structural characteristics of Islamic Micro-finance and statistically group them in to Products (Independent), Empowerment (Mediator) and Clients’ wellbeing (dependent) constructs. This is to conceptualize an Islamic Micro-finance model towards the Clients wellbeing. Empirical data was collected from the staff of eight (8) branches of Amanah Ikhtiar Malaysia (AIM) in the Johor state, Malaysia. The data collected was analyzed by means of an Exploratory Factor Analysis using IBM SPSS Statistics 21, which resulted to the extraction of five (5) factors which upon grouping, defined the variables for this study. The results indicated an acceptable factor loadings and effective grouping according to the conceptualized framework. The Cronbach’s alpha of ≥0.7 is an indication of acceptable internal consistency and reliability of the five Islamic Micro-finance constructs. This study is part of on-going Ph.D. to proof the capacity of Islamic Micro-finance towards Clients’ wellbeing.

scholarly journals Factors Influencing on E-Banking Practices: Evidence from Sri Lanka

2017 ◽  
Vol 9 (1) ◽  
pp. 1 ◽  
Author(s):  
Anusiga Gunaratnam ◽  
Konalingam Kajenthiran ◽  
Umanakenan Ratnam ◽  
Achchuthan Sivapalan
Keyword(s):  
Factor Analysis ◽  
Sri Lanka ◽  
Influencing Factors ◽  
Likert Scale ◽  
Total Variance ◽  
Critical Factors ◽  
Factors Influencing ◽  
Unique Model

The purpose of this paper is to explore the influencing factors of e-banking practices in Sri Lanka. A questionnaire with seven-point Likert scale is applied to 388 usable responses. The study was exploratory in nature and employed factor analysis to identify the important factors of e-banking practices. Results indicate that mainly four factors are significant with respect to the e-banking practices. Privacy & convenience, content & website layout, speed of delivery, and accessibility are the critical factors influencing the e-banking practices. In addition, factors extracted from the analysis accounted for 53.704% of the total variance. This study expected to provide a unique model in the realm of e-banking.

scholarly journals Likert scale and change in range of response categories vs. the factors extraction in EFA model

2015 ◽  
Vol 1 (311) ◽  
Author(s):  
Piotr Tarka
Keyword(s):  
Factor Analysis ◽  
Exploratory Factor Analysis ◽  
Rating Scale ◽  
Likert Scale ◽  
Optimal Number ◽  
Number Of Factors ◽  
Scale Experiment ◽  
Methodological Aspects ◽  
The Impact ◽  
Selection Of

Abstract: The objective article is the comparative analysis of Likert rating scale based on the following range of response categories, i.e. 5, 7, 9 and 11 in context of the appropriate process of factors extraction in exploratory factor analysis (EFA). The problem which is being addressed in article relates primarily to the methodological aspects, both in selection of the optimal number of response categories of the measured items (constituting the Likert scale) and identification of possible changes, differences or similarities associated (as a result of the impact of four types of scales) with extraction and determination the appropriate number of factors in EFA model.Keywords: Exploratory factor analysis, Likert scale, experiment research, marketing

scholarly journals ROLE OF NGO IN FILLING THE GAP OF GOVERNMENT (A Case Study of Indus Resource Centre khairpur, Sindh Pakistan)

2014 ◽  
Vol 13 (5) ◽  
pp. 4482-4487
Author(s):  
Muhammad SalehMemon ◽  
Nasreen AnisGoraya ◽  
Bushra Fatima Ansari
Keyword(s):  
Factor Analysis ◽  
Exploratory Factor Analysis ◽  
Disaster Management ◽  
Sustainable Livelihood ◽  
Human Right ◽  
Rural People ◽  
Government Organization ◽  
Analysis Technique

Role of non- government organization in filling the gap of government was studied through a study conducted on Indus Resource Centre. Government gap is created when some areas are being deprived of Government efforts. The objectives of research were firstly; to analyze the role of IRC in filling the gap of Government and to find out at what extend IRC is effective in fulfilling the needs of rural people. Data was taken from the majority of beneficiaries of the IRC and it was analyzed through the exploratory factor analysis technique with the help of SPSS 16.The overall analysis of study reveals that IRC plays very important role in filling the gap and it is very effective in fulfilling the needs of rural people by providing education facilities, human right awareness, sustainable livelihood, health and disaster management.

scholarly journals THE ROLE OF ZAKAT ON ADDRESSING POVERTY REDUCTION IN YOBE STATE

2021 ◽  
pp. 22-26
Author(s):  
MUSA UMAR YAKASAI ◽  
MUNUBIYYAH SANI JIBRIN ◽  
LAWAN ALI ZANNA
Keyword(s):  
Factor Analysis ◽  
Local Government ◽  
Financial Institutions ◽  
Significant Role ◽  
Local Governments ◽  
Poverty Reduction ◽  
T Test ◽  
Essential Tool ◽  
Islamic Financial Institutions

Poverty has become paramount, and it is been given much emphasis in different aspects since the declaration and introduction of the Zakat institutions in Yobe State Nigeria. The declaration focuses strongly on the reduction of state poverty within the recent activities of Islamic Financial Institutions as Islam provides an essential tool to completely prove in reducing poverty. The objective of the study is to assess the role of Zakat in addressing some levels of poverty reduction in Yobe State, Nigeria. A survey was conducted within 17 local governments of Yobe State, in which 20 questionnaires were served to each local government with total of 340. The study employed factor analysis for assessing the relation between the variables adopted, and descriptive and independent t-test analyses are considered for the analyses. The result shows that the Zakat has played a significant role in addressing poverty reductions in Yobe State, Nigeria.

Study of Emotional Factors Influencing Professionals' Adoption to E-Payment in Sri Lanka

2019 ◽  
pp. 222-253
Author(s):  
Damith Dhanushka De Silva ◽  
Jayaranjani Sutha
Keyword(s):  
Factor Analysis ◽  
Sri Lanka ◽  
Exploratory Factor Analysis ◽  
Academic Research ◽  
Present Situation ◽  
Professional Satisfaction ◽  
Emotional Factors ◽  
Payment Methods ◽  
Factors Influencing ◽  
Structured Questionnaire

Electronic payment is widely regarded as a fund transfer between parties electronically for commercial purposes, and it is increasingly being recognized as a key competitive tool in the present situation. While businesses are focusing more on rational factors behind consumer acceptance and adoption of e-payment, academic research is lagging in investigating the emotional factors. This chapter is providing a clear background about how businesses can emotionally influence and motivate consumers to utilize e-payment methods for their day to day transactions. A sample of 460 professionals in Sri Lanka was empirically investigated with the aim of identifying the emotional factors influencing professionals to adopt and use e-payment methods. A structured questionnaire was used to collect data and the exploratory factor analysis identified that the professionals' e-payment adoption was influenced by six different emotional factors. Based on the literature these factors are innovativeness, professional satisfaction, optimism, insecurity, skepticism, and discomfort.

Study of Emotional Factors Influencing Professionals' Adoption to E-Payment in Sri Lanka

2021 ◽  
pp. 1548-1577
Author(s):  
Damith Dhanushka De Silva ◽  
Jayaranjani Sutha
Keyword(s):  
Factor Analysis ◽  
Sri Lanka ◽  
Exploratory Factor Analysis ◽  
Academic Research ◽  
Present Situation ◽  
Professional Satisfaction ◽  
Emotional Factors ◽  
Payment Methods ◽  
Factors Influencing ◽  
Structured Questionnaire

Electronic payment is widely regarded as a fund transfer between parties electronically for commercial purposes, and it is increasingly being recognized as a key competitive tool in the present situation. While businesses are focusing more on rational factors behind consumer acceptance and adoption of e-payment, academic research is lagging in investigating the emotional factors. This chapter is providing a clear background about how businesses can emotionally influence and motivate consumers to utilize e-payment methods for their day to day transactions. A sample of 460 professionals in Sri Lanka was empirically investigated with the aim of identifying the emotional factors influencing professionals to adopt and use e-payment methods. A structured questionnaire was used to collect data and the exploratory factor analysis identified that the professionals' e-payment adoption was influenced by six different emotional factors. Based on the literature these factors are innovativeness, professional satisfaction, optimism, insecurity, skepticism, and discomfort.

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