Year: 2019
Type: article
Abstract: In this paper, the microfinance services are evaluated in the context of small-scale businesses in Jordan.The aim of this study is to emphasize on the importance of factors related to micro-finance as it helps in enhancing the firm's performance.This study utilizes a quantitative approach to conduct a research on approximately 308 small-scale businesses.The study employs a method of confirmatory component analysis (CFA) held by applied Structure Equation Modelling (SEM) to achieve the research objective.The results demonstrate that performance was significantly associated with various micro-finance services such as training for managers, training skills, and loan size.In particular, micro-finance programs should be considered by small entrepreneurs, microfinance institutions, and policy makers.Thus, the contribution of this work is the incorporation of micro-finance factors on SMEs performance.Managers of the SMEs will find guidance about which micro-finance factors is the most important for them to be considered in their roles and for improving SMEs performance.
Source: Management Science Letters
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2981802258