Assessing the accessibility to microfinance of solo parent micro-entrepreneurs in Koronadal City, South Cotabato / Kirbie Mae Pacinabao ; Thaddeus R. Acuna, adviser.

By: Contributor(s): Material type: TextTextLanguage: English Description: viii, 75 leaves : illustrationsDissertation note: Thesis, Undergraduate (BS Agribusiness Economics)--University of the Philippines, Mindanao Abstract: Although considered as marginalized and vulnerable, the fast-growing number of solo parents in the Philippines is a potential subject for social capitalization. As they are acknowledged by the government, R.A.8972 or the Solo Parents Welfare Act of 2000 was made to provide them benefits such as livelihood. However, the mechanism on how to forward the benefits were not stated which unfortunately resulted to the ineffectiveness of the policy. Being one of the most successful tools in addressing poverty, microfinance was integrated in this study as a feasible mechanism in addressing the problem. As part of the process, it is imperative to identify first the significant factors that affect the solo parents' accessibility to microfinance . 200 solo parent micro-entrepreneurs from Koronadal City, South Cotabato were interviewed in this study through focus group discussion. Factors considered as independent variables are gender, age, religion, education, organization membership, exposure to workshops, years as entrepreneurs, income, house and vehicle ownership. Probit regression analysis was employed and results revealed that only organization membership, exposure to workshops and education are the significant factors that affect their accessibility to microfinance. Perceptions of the respondents were also asked in order to have a comparison between the quantitative results and the respondents' views towards the issue. Most of the respondents answered that having a high educational attainment and exposure to workshops is not necessary when accessing microfinance, which is different from the quantitative results. The study revealed that nowadays, neither the socio-demographic factors nor collateral define accessibility to microfinance, rather, it is the skills and knowledge. As a newly-established solo parent organization in Koronadal City, SPAKOR has become the subject for recommendation in this study. The SPAKOR should consider converting into a cooperative where the solo parents can save and borrow money as means of security and financial sustainability.
List(s) this item appears in: BS Agribusiness Economics
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Item type Current library Collection Call number Copy number Status Date due Barcode
Thesis Thesis School of Management Theses Room-Use Only LG993.5 2014 A3 P34 (Browse shelf(Opens below)) Not For Loan 3UPML00019298
Thesis Thesis University Library Archives and Records Preservation Copy LG993.5 2014 A3 P34 (Browse shelf(Opens below)) 1 Not For Loan 3UPML00034587
Thesis Thesis University Library Archives and Records Preservation Copy LG993.5 2014 A3 P34 (Browse shelf(Opens below)) 2 Not For Loan 3UPML00034588

Thesis, Undergraduate (BS Agribusiness Economics)--University of the Philippines, Mindanao

Although considered as marginalized and vulnerable, the fast-growing number of solo parents in the Philippines is a potential subject for social capitalization. As they are acknowledged by the government, R.A.8972 or the Solo Parents Welfare Act of 2000 was made to provide them benefits such as livelihood. However, the mechanism on how to forward the benefits were not stated which unfortunately resulted to the ineffectiveness of the policy. Being one of the most successful tools in addressing poverty, microfinance was integrated in this study as a feasible mechanism in addressing the problem. As part of the process, it is imperative to identify first the significant factors that affect the solo parents' accessibility to microfinance . 200 solo parent micro-entrepreneurs from Koronadal City, South Cotabato were interviewed in this study through focus group discussion. Factors considered as independent variables are gender, age, religion, education, organization membership, exposure to workshops, years as entrepreneurs, income, house and vehicle ownership. Probit regression analysis was employed and results revealed that only organization membership, exposure to workshops and education are the significant factors that affect their accessibility to microfinance. Perceptions of the respondents were also asked in order to have a comparison between the quantitative results and the respondents' views towards the issue. Most of the respondents answered that having a high educational attainment and exposure to workshops is not necessary when accessing microfinance, which is different from the quantitative results. The study revealed that nowadays, neither the socio-demographic factors nor collateral define accessibility to microfinance, rather, it is the skills and knowledge. As a newly-established solo parent organization in Koronadal City, SPAKOR has become the subject for recommendation in this study. The SPAKOR should consider converting into a cooperative where the solo parents can save and borrow money as means of security and financial sustainability.

There are no comments on this title.

to post a comment.
 
University of the Philippines Mindanao
The University Library, UP Mindanao, Mintal, Tugbok District, Davao City, Philippines
Email: library.upmindanao@up.edu.ph
Contact: (082)295-7025
Copyright @ 2022 | All Rights Reserved