NRCASS 2017
Permanent URI for this collectionhttp://repository.kln.ac.lk/handle/123456789/18642
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Item The Impact of Microfinance Services on the Growth of the Microenterprises in Sri Lanka(3rd National Research Conference on Applied Social Statistics (NRCASS – 2017), 2017) Badullahewage, S. U.The microfinance is the provision of financial services to low income sectors, including the micro and small enterprises. It is mostly used in developing economies where micro and small enterprises do not have access to other sources of financial assistance. The microenterprises said to be the less privileged business group in the society which could play a significant role in the economy. There are substantial microenterprises operate in the Homagama region, but no study of impact of microfinance services on the growth of the microenterprises has been conducted. Therefore, the study intended to ascertain the impact of microfinance services on the growth of income and productivity of the microenterprises being operated on the micro loans and advisory and training services provided by microfinance institutions. All microenterprises in Homagama is the target population and out of which 60 microenterprises which have obtained micro loans from the microfinance institutions were selected based on the judgmental sampling method. The primary data were collected on face to face interview through structured questionnaire and secondary data were collected through literature survey. Quantitative and qualitative techniques were used to undertake data analysis respectively based on descriptive statistics and parameter estimation and open ended questions. The paired sample t-test, multiple regression, chi-square test, gamma and Kendal tau-b tests in the SPSS software were used to achieve the expected objective. The findings of the study indicated that micro loan and advisory and training services have created positive impact on the income and productivity growth of the micro enterprises. Moreover, majority agreed that the micro loan was fair enough for the expected tasks, they were satisfied with financial assistance received and success of their business. So, the study concluded that the microfinance services create impact on the growth of the microenterprises in Homagama region. Further, microfinance institutions should develop diversification in their products and government should create legal and regulatory environment to the entry of microfinancing by local and foreign investors.Item The Impact of Microfinance on Women’s Entrepreneurship(3rd National Research Conference on Applied Social Statistics (NRCASS – 2017), 2017) Rathnayake, R. M. D.Entrepreneurship is the dynamic process of creating incremental wealth. Women’s entrepreneurship are key instrument in the society and their role is very important because, they act dual role both in the family as well as society. Microfinance has an important role empowering rural women in developing countries such as Sri Lanka by accessing credit facilities for their income generating activities to enhance rural women’s entrepreneurship. It has also been considered an effective vehicles for women’s empowerment. The main objective of the study is to investigate the impact of micro credit facilities on empowerment of women entrepreneurs’ in rural area. Also to identify some of the microfinance facilities and special packages available to small scale enterprises run by women in the rural area, families of those women. In this study 37 women’s were selected randomly from the Teldeniya area for the sample. In this study both primary and secondary data were used. Primary data was collected by giving questionnaire to the selected sample unit and secondary data was collected from the related reports and empirical studies. Collect data was analyze using the SPSS software version 20 and MS Excel. Though there are many analytical methods, this study use descriptive statistics, Analysis of Variance (ANOVA), and regression analysis to analyze the data. The sample women doing these business more than five years. The study found that majority of microfinance supported women entrepreneurs in rural areas have not good education. And they doing that business for five or more years. Among micro finance products Credit card and payment services are not popular majority use credit, savings, and insurance. The study found that the amount of loan, level of education and rate of interest are the important factors which determine the women entrepreneurship development.