scholarly journals Social Capital and Cooperative Society Lending in Ibadan, Oyo State, Nigeria

2019 ◽  
Vol 17 (2) ◽  
pp. 41-55
Author(s):  
O.A. Awofeso ◽  
A.O. Ademuson

Cooperatives societies are seen as dependable and quick financial bailout institutions which can be used by business owners to secure quick and minimum interest on loans. This ethnographic study provides an understanding of the lending activities and criteria of obtaining a loan from co-operative societies in Ibadan, Nigeria as well as the social factors influencing how people access these loans. This empirical study gathered data using unobtrusive observation by attending weekly meetings of the cooperative (comprising of 102 members), asking questions during discussion times in the meeting as well as interacting with members of the co-operative society for 18 months. Additionally, 10 key informant interviews were done. Findings show that a strong social capital is needed and vital in obtaining loans in a co-operative society. The study concluded that cooperative societies are effective in lending business loans and supporting entrepreneurship but intending members must plan to join alongside others who can stand as guarantors for them in order to access loans easily and quickly. It is recommended that cooperative societies should find a modality of assisting those with no social resource to stand for them as guarantor in order to be able to help more people to start or grow their business enterprise. Those with no social resources should mingle well with other members in order to build one.

2013 ◽  
Vol 18 (03) ◽  
pp. 1350019 ◽  
Author(s):  
IAN Y. BLOUNT ◽  
DELMONIZE A. SMITH ◽  
JAMES A. HILL

Much of our understanding concerning minority-owned firms is based on nascent entrepreneurial businesses. Therefore, it is difficult to answer the question of how a minority-owned firm's age and size may influence the social capital derived from a minority business network. We utilize a resource-dependence perspective to hypothesize that the social capital derived from participation in a minority business network will be negatively related to the minority-owned firm's age and size. We find that firm size (as measured by revenue and number of employees) is negatively related with social capital derived from the minority business network. Our findings may help minority business owners understand the relative value of membership in minority business networks before committing limited resources.


PERSPEKTIF ◽  
2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Hottob Harahap

This research is an adaptaion case of the Paluta Regency migrants people to Medan. Method used in this research is qualitative method, by interview, observation to the business owners where they work and to the officials who hold positions in Medan as the key informant. This research is to give the social integration description in solving the unemployment burden.


2019 ◽  
pp. 70-114
Author(s):  
Jules Naudet ◽  
Adrien Allorant ◽  
Mathieu Ferry

This chapter proposes an analysis of the social space inhabited by the CEOs and chairpersons of the top 100 Indian companies in 2012, using a Multiple Correspondence Analysis (MCA). The analysis aims to understand the internal divisions to be found in the field of economic power, by looking at the divisions along the lines of educational capital, inherited capital (family capital), caste and social capital (drawing on a network analysis of interlocking directorates). Our results point to a very peculiar structuration of the economic field: we find that credentialism has a very weak influence; there is a clear and massive cleavage between owners and managers of capital; social capital carries decisive weight; and the actors closest to the State apparatus occupy a marginal role. We argue that it is possible to identify three poles among business leaders: the multipositional family-business owners, the unipositional family-business owners, and the managerial galaxy.


2009 ◽  
Vol 15 (1) ◽  
pp. 29 ◽  
Author(s):  
Bibiana Chan

Social capital, generally observed in Chinese cultures, can be considered as the glue that holds together all the norms, trust and social networks that enhance mutual benefit of a collectivistic society. The aim of this paper is to explore the best way to tap into these social resources in mental health promotion. A mixed-method study, consisting of 16 community focus groups and a quantitative survey (n = 528), was conducted among Chinese Australians (recruited from general practices) in metropolitan Sydney. Although the focus groups explored help-seeking behaviours during emotional distress, the survey assessed the prevalence of such episodes. Chinese informants identified ‘family and friends’, ‘cultural values’, ‘spirituality’ and ‘self’ as common ‘helpers’ for managing depressive episodes before professionals were consulted. These ‘helpers’ function as the ‘social capital’ within the Chinese community. Focus group narratives of the low-acculturated Chinese revealed that they turned to close friends and family for help during crises. Highly acculturated Chinese found ‘family values’ most helpful when facing adversity. Survey findings indicated that the self-report rate of lifetime depression in low-acculturated Chinese was significantly lower than that of Australians. These results resonate with Cullen and Whiteford’s (2001) proposition that a higher level of social capital decreases the incidence of depression. Although the links between social capital and mental health require further investigation, the current findings support its role in counteracting emotional distress. There are implications of the current research findings to wider culturally and linguistically diverse communities.


2019 ◽  
Vol 15 (1) ◽  
pp. 71
Author(s):  
Lukas Sangka Pamungkas ◽  
Lasmono Tri Sunaryanto

The research purposes 1) Analyzing the social capital used by a business owner. That’s seen in social capital forms; bonding social capital, bridging social capital, and linking social capital. 2) Knowing the social capital ownership impact against the sustainability of small industry in niswa’s restaurant. The selection of research locations was conducted deliberately with consideration of the restaurant as a kind of a restaurant run by some family members in Salatiga and is a form of bonding social capital. It uses a qualitative method with descriptive design. A collected word or text information, then analyzed and interpreted to capture the deepest meanings. Studies have found that three important social capital forms like bonding, bridging, and linking together are linked and complementary ones Bonding social capital forms can be seen through the support of family members, even Key Informant could motivate his sons to join the business. The bridging social capital is the most dominating forms, as it placed the horizontal line. While linking social capital, indeed, doesn’t seem to have much influence in this research, because the owner has very little connection with vertical relationships, however, Key Informant still has ties to the banking system for acquiring capital.


1999 ◽  
Vol 19 (2) ◽  
pp. 141-173 ◽  
Author(s):  
Michael W. Foley ◽  
Bob Edwards

In an effort at theoretical clarification, the authors reviewed 45 recent articles reporting empirical research employing the concept of ‘social capital’. The literature is roughly equally divided between those who treat social capital as an independent variable and those who consider it as a dependent variable, and between those who operationalize the concept principally in terms of norms, values and attitudes and those who choose a more social structural operationalization, invoking social networks, organizations and linkages. Work on social capital as a mainly normative variable is dominated by political scientists and economists, while sociologists and a wide range of applied social scientists utilize more social structural understandings of the term. We find little to recommend in the use of ‘social capital’ to represent the norms, values and attitudes of the civic culture argument. We present empirical, methodological and theoretical arguments for the irrelevance of ‘generalized social trust’, in particular, as a significant factor in the health of democracies or economic development. Social structural interpretations of social capital, on the other hand, have demonstrated considerable capacity to draw attention to, and illuminate, the many ways in which social resources are made available to individuals and groups for individual or group benefit, which we take to be the prime focus and central attraction of the social capital concept. The paper concludes by elaborating a context-dependent conceptualization of social capital as access plus resources, and cautions against ‘over-networked’ conceptualizations that equate social capital with access alone.


1988 ◽  
Vol 16 (4) ◽  
pp. 33-50 ◽  
Author(s):  
Frank A. Fratoe

Analysis of data from the 1982 Characteristics of Business Owners Survey reveals that there are some differences between the social capital (social resources available from group support networks) of black business owners and those of other ethnic groups. Black owners have had less exposure to entrepreneurial role models and training in firms run by close relatives than Asian, Hispanic, or nonminority male owners. They do not rely on their relatives or friends for business loans to the same extent as Asians, and show less such reliance than the other groups as well. Black owners compare favorably with Hispanics and nonminority males in using family funds as a source of nonborrowed capital, but are behind Asians. Black firms are relatively more likely to sell to minority customers and hire minority employees. Finally, black owners are the least likely to be married, which indicates some diminished help from the family, a key institution in group support networks.


2012 ◽  
pp. 74-82 ◽  
Author(s):  
A. Stavinskaya ◽  
E. Nikishina

The opportunities of the competitive advantages use of the social and cultural capital for pro-modernization institutional reforms in Kazakhstan are considered in the article. Based on a number of sociological surveys national-specific features of the cultural capital are marked, which can encourage the country's social and economic development: bonding social capital, propensity for taking executive positions (not ordinary), mobility and adaptability (characteristic for nomad cultures), high value of education. The analysis shows the resources of the productive use of these socio-cultural features.


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