Microfinance and Entrepreneurship: The Enabling Role of Social Capital Among Female Entrepreneurs : WestminsterResearch

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Title	Microfinance and Entrepreneurship: The Enabling Role of Social Capital Among Female Entrepreneurs
Type	Journal article
Authors	Babajide, A.A., Obembe, D., Solomon, H. and Woldesenbet, K.
Abstract	Purpose This paper examines mechanisms through which social capital strengthens microfinance impact on fostering female entrepreneurial success. Specifically, the study focuses on how, and to what extent, resources embedded in social networks determine MF impact on entrepreneurial success. Design/methodology/approach Survey data were collected from 276 female micro-institutions entrepreneurs using multi-stage stratified random sampling across 80 MF institutions in three South-Western Nigerian states. Hypotheses were tested using ordinal regression analysis. Findings The study found that relational and network social capital had a positive and significant influence on female entrepreneurial success. Specifically, intra-group trust and productive network ties amongst female entrepreneurs in poor communities predicated the positive impact of MF on entrepreneurial success. Also, resources embedded in networks are more positively correlated to education level and marital status. Furthermore, MF could have more positive impact for borrowers with sustainable relationships with loan officers who organise MF provisions and understand the entrepreneurs’ context. Originality/value The research provides empirical evidence for the relationship dynamics between female entrepreneurs and MF institutions, by emphasising the importance of deploying different forms of social capital in sustaining MF impact on female entrepreneurial success.
Keywords	Female entrepreneurship
	Microfinance
	Network social capital
	Relational social capital
Journal	International Journal of Social Economics
Journal citation	49 (8), pp. 1152-1171
ISSN	0306-8293
Year	2022
Publisher	Emerald Publishing Limited
Accepted author manuscript	IJSE Manuscript 010222.pdf License CC BY-NC-ND 4.0 File Access Level Open (open metadata and files)
Accepted author manuscript	IJSE Manuscript Tables 01022022.docx
Digital Object Identifier (DOI)	https://doi.org/10.1108/IJSE-11-2020-0745
Web address (URL)	https://www.emerald.com/insight/content/doi/10.1108/IJSE-11-2020-0745/full/html
Published online	25 Mar 2022

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Microfinance and Entrepreneurship: The Enabling Role of Social Capital Among Female Entrepreneurs

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