dc.contributor.author | Atmadja, Adwin Surja | |
dc.contributor.author | Su, Jen-Je | |
dc.contributor.author | Sharma, Parmendra | |
dc.date.accessioned | 2018-09-07T06:27:07Z | |
dc.date.available | 2018-09-07T06:27:07Z | |
dc.date.issued | 2016 | |
dc.identifier.issn | 0306-8293 | |
dc.identifier.doi | 10.1108/IJSE-08-2014-0158 | |
dc.identifier.uri | http://hdl.handle.net/10072/100530 | |
dc.description.abstract | Purpose – The purpose of this paper is to examine the impacts of microfinance on women-owned
microenterprises’ (WMEs) performance in Indonesia. It especially observes how financial, human and
social capital influences performance of enterprises.
Design/methodology/approach – Data were collected from a survey conducted in Surabaya,
Indonesia’s second largest city, covering more than 100 WMEs. The ordered probit technique is
applied to estimate the performance vis-à-vis financial, social and human capital relationships.
Findings – This study finds a negative relationship between performance and financial capital, and
positive relationships between performance-human capital and performance-social capital. However, with
respect to human capital, the level of education has a marginally significant relationship with performance.
Practical implications – Microcredit for the purposes of enhancing business performance might not
necessarily be a good idea, if it is unable to generate higher returns. As a business develops, the volume
of microcredit should be reduced, and replaced by owners’ own savings and retained profits. Regarding
the non-financial factors, it might be useful for policy makers to contemplate providing incentives for
spouse involvement in microenterprises run by women, and to consider them in designing credit policies.
Group meetings activities should be extended to facilitate members to engage in business-related
conversations and to develop social relationships. The ability of loan officers and group leaders to
facilitate such conversations appears important.
Originality/value – To the best of the authors’ knowledge, this study provides the first in-depth
understanding of the role of microfinance programmes in the case of performance of WMEs in
Indonesia, one of the world’s most populous economies. | |
dc.description.peerreviewed | Yes | |
dc.language | English | |
dc.language.iso | eng | |
dc.publisher | Emerald Group | |
dc.relation.ispartofpagefrom | 962 | |
dc.relation.ispartofpageto | 981 | |
dc.relation.ispartofissue | 10 | |
dc.relation.ispartofjournal | International Journal of Social Economics | |
dc.relation.ispartofvolume | 43 | |
dc.subject.fieldofresearch | Applied economics | |
dc.subject.fieldofresearch | Other economics | |
dc.subject.fieldofresearch | Heterodox economics | |
dc.subject.fieldofresearchcode | 3801 | |
dc.subject.fieldofresearchcode | 3899 | |
dc.subject.fieldofresearchcode | 389903 | |
dc.title | Examining the impact of microfinance on microenterprise performance (implications for women-owned microenterprises in Indonesia) | |
dc.type | Journal article | |
dc.type.description | C1 - Articles | |
dc.type.code | C - Journal Articles | |
gro.faculty | Griffith Business School, Department of Accounting, Finance and Economics | |
gro.hasfulltext | No Full Text | |
gro.griffith.author | Sharma, Parmendra P. | |
gro.griffith.author | Su, Jen-Je | |