Background
Accessibility and affordability of credit and saving services
Village saving and credit association banking model
Performance of micro and small enterprises
Methods
Study area description
Target population
Population of the study and sample selection
Yamane sampling formula
Data collection instrument
Data analysis
Ordinal logit model specification
Results
Social economic characteristics of the respondents
Variables | Percentage | |
---|---|---|
Educational level | Illiterate | - |
Primary | 30.2 | |
Secondary | 43.6 | |
Tertiary University | 26.2 | |
Age | 20-30 Years | 17.8 |
31-40 Years | 42.2 | |
41-50 Years | 26.7 | |
51-60 Years | 11.1 | |
>60 Years | 2.2 | |
Entrepreneurial experience | 0-3 Years | 2 |
4-6 Years | 44 | |
7-10 Years | 26 | |
11 > Years | 28 |
Changes in net profits
Predictor variables | Coeff. estimates | Std. err. | Z | P > |z| | Estimated coefficient (log odd ratio) |
---|---|---|---|---|---|
Age βx1(RA) | -.09660 | 0.1357 | −0.71 | 0.477 | 0.9079 |
Education level βx3(EDLV) | 0.2013 | 0.2183 | 1.13 | 0.0259 ** | 1.2231 |
Business experience (βx4(BEXP) | -.1015 | 0.049 | −0.24 | 0.0814* | 0.9899 |
Total credit accessed from VACA (βx1(TTCA) | 9.300 | 1.520 | 3.37 | 0.000*** | 1.0 |
Total dividends received (βx2(TTD) | 5.420 | 5.500 | .099 | 0.0324** | 1.0 |
Total income βx6(incm) | 5.880 | 7.290 | 0.81 | 0.0419** | 1.0 |
Log likelihood = −716.710 | Significant at 1%** | No of Obs =212 | |||
log likelihood χ2 = 91.80 | Significant at 5%** | ||||
Pseudo R2 = 0.0602 | Significant at 10%* | ||||
Prob > Chi2 = 0.0000 |
Changes in capital of the enterprises
Predictor variables | Coeff. estimates | Std. err. | Z | P > |z| | Estimated coefficient (log odd ratio) |
---|---|---|---|---|---|
Age βx1(RA) | -.04860 | −0.1311 | −0.35 | 0.724 | 0.952 |
Education level βx3(EDLV) | 0.7256 | −0.2059 | 0.38 | 0.0705 ** | 1.075 |
Business experience ( βx4(BEXP) | -.0095 | −0.4259 | −0.22 | 0.0824* | 0.990 |
Total credit accessed from VACA (βx1(TTCA) | 4.820 | 2.840 | 1.70 | 0.009*** | 1.0 |
Total dividends received (βx2(TTD) | 2.710 | 4.950 | 0.55 | 0.0584** | 1.0 |
Total income βx6(incm) | 0.00016 | 7.570 | 2.14 | 0.033*** | 1.0 |
Log likelihood = −714.421 | Significant at 1%** | No of Obs =212 | |||
Log likelihood χ2 = 74.02 | Significant at 5%** | ||||
Pseudo R2 = 0.0493 | Significant at 10%* | ||||
Prob > Chi2 = 0.0000 |