Role of Credit Access Program on the Performance of Women Owned MSES Incubated at KIRDI

Women owned Micro and Small Enterprises (MSEs) are a source of employment and wealth creation in most of the world economies and Kenya not an exemption. However, the survival rate of the women owned MSEs is minimal. The main objective of the study was to evaluate the role of credit access program on the performance of women owned MSEs which have been incubated at KIRDI. The study was a survey study design. The target population was 259 MSE women entrepreneurs who have graduated from KIRDI business incubation programs. The researcher did a census since it was appropriate for this study and used questionnaires to collect qualitative and quantitative data. The study analyzed data using descriptive and inferential statistics through Correlation and regression of variables. Results were reported through tables and figures. Statistical Package for Social Sciences (SPSS) was used to aid analysis of data. Data was analyzed and presented using descriptive and inferential statistics. The findings revealed a positive and significant relationship between credit access program and performance of women owned MSEs incubated by KIRDI (β=0.348, p=0.000). The study concluded that business incubation support programs simplified into incubator training and development, business development services, credit access program and technology absorption positively and significantly influenced the performance of women owned MSEs incubated at KIRDI in Nairobi. The study recommends that the government should consider looking towards setting a single window to manage business incubators all over the country and to coordinate the activities of all institutions and companies that are in the process of incubating new businesses. Keywords: Credit access, Women owned MSEs, Business performance, Business incubation, KIRDI

Women-led Firms and Credit Access. A Gendered Story?

This work focuses on credit access and demand in Italian firms using the RIL dataset, a sample representative of Italian firms, for the year 2015. We investigate whether the gender of the firm’s decision-maker plays a role in requesting and obtaining a loan. Our results suggest that women are significantly less likely to ask for credit, while no significant differences in credit approval are found between the two genders. Moreover, the gender gap disappears for more educated women, as well as for firms in the north of the country.

The Value of Verified Employment Data for Consumer Lending: Evidence from Equifax

The availability of digitally verifiable employment data significantly expands credit access for economically disadvantaged customers, and at the same time, profitably expands lenders’ loan portfolio.

Analysis of Factors Influencing Credit Access of Vietnamese Informal Labors in the Time of COVID-19 Pandemic

Credit is considered as an essential tool to make informal labor’s income better. In order to improve quality of their life, the state should have some supports them in credit access. This study analyzes factors causing credit access of informal labors to be changed in the time of COVID-19 pandemic. Using survey data collected from 2020 VHSSL (2019–2020), this approach has two models including a binary logit model and a multinomial logit model (MLM). The results revealed that the positive factors including education, material, collateral, credit size, credit source, credit debt which are likely to affect to credit access, however age, family size, ethnicity, interest, paid money are negative. Besides, it also concludes that quality of life of informal labor is considerably influenced by credit access, collateral, credit source, credit debt from the observed samples. Additionally, this paper recommends some policies to enhance informal labor’s access to credit and their quality of life.

ENTERPRISE ASSESSMENT ACROSS CASSAVA WASTE (PEELS) VALUE CHAIN IN OGUN STATE

In this article, the Enterprise assessment across cassava peels value chain in Ogun State Nigeria is examined. Multistage sampling technique was used to select 180 cassava processors and marketers. Socio-economic data were obtained from respondents with the use of pre-tested questionnaires. Data were analysed using descriptive statistics, budgetary technique, Stochastic Frontier Analysis (SFA) and Student t-test. The study found that majority (84.3% and 52.8%) of processors of cassava peels and marketers were female. In addition, 60.2% of the processors and 51.4% of the marketers had secondary education. The value chain activities carried out by processors were transportation, drying and packaging while marketers transported, packaged and put the peels in storage for future sales. The SFA revealed that cost of labour (p<0.01) and quantity of fresh cassava peels (p<0.01) were the main determinants of output of dried cassava peels by the processors. The inefficiency model revealed that the efficiency of producing dried cassava peels increased with increase in age (p<0.01), credit access (p<0.01), household size (p<0.01) and membership of cooperative society (p<0.01). Furthermore, the cost function revealed that cost of sieving (p<0.05) and depreciation on capital item (p<0.01) increased the production cost of dried cassava peels. The mean technical, allocative and economic efficiency of producing dried cassava peels were estimated as 94%, 83% and 78% respectively. This study concluded that production of cassava peels is efficient and its trade is profitable. The study recommends that cassava processors and marketers should form cooperative groups to increase access to credit for higher output and trade of peels.

Coping strategies of selected MSMEs in Laguna one year after COVID-19

This paper investigates the coping strategies employed by sample micro, small, or medium enterprises (MSMEs) in Laguna using the SME Competitiveness Grid framework developed by the International Trade Centre (ITC). The paper finds that sample MSMEs in Laguna did not find it easy to access MSME assistance programs, and that many are not even aware that such assistance programs exist. However, most MSMEs were found to be flexible and innovative when it comes to their coping strategies; the most common are through using online platforms and customizing or making new products. The paper also finds that assistance on reduction of fixed and operating costs, improvements in credit access, and greater ease in doing business are the most desired forms of government intervention, consistent with the findings of earlier surveys.

Research on the Influence Mechanism of Block Chain on the Credit of Transportation Capacity Supply Chain Finance

This paper aims at the promotion of the application of inclusive financing into transportation capacity financing by combining transportation capacity supply chain with block chain technology as a brand-new financing topic. It focuses on the influencing mechanism by block chain on credit access, credit line, and credit supervision. From the perspective of “transportation” finance, the application of block chain in different scenarios is demonstrated after analyzing the attenuation process of credit transmission in the supply chain, the reviewing of two credit line evaluation methods of business self-compensation and credit guarantee, and the reviewing of regulatory requirements in transaction closed-loop, delivery closed-loop, and capital closed-loop; therefore the 3 major influencing mechanisms by block chain on the transportation capacity supply chain financing credit granting are discovered, indicating the effective improvement of financial institutions participation and better credit line for the financing of micro, medium, and small transportation enterprises (SMEs) by the application of block chain technology.

Access to Microfinance Institution and Official Banks and the Impact on Small Business in Togo

This paper aims to analyze the impact of access to a microfinance institution and official banks on households&rsquo; small businesses in Togo. The study uses data from the Harmonized Survey of Household Living Conditions conducted in 2019 by the National Institute of Statistics, Economic and Demographic Studies on 27,480 individuals and 6,171 households in Togo. The paper uses propensity score matching. The results show that credit access improves households&rsquo; small businesses, particularly in Togo&rsquo;s agriculture sector.