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

Publication dates
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

Related outputs

Analysing the Factors that Influence Social Media Adoption Among SME's in Developing Countries
Solomon, H., Allen, Tom and Wang'ombe, W. 2024. Analysing the Factors that Influence Social Media Adoption Among SME's in Developing Countries. Journal of International Entrepreneurship. 22, pp. 248-267. https://doi.org/10.1007/s10843-023-00330-9

Do Bank Characteristics Affect Bank Lending Behaviour?
Solomon, H., Mullineux, A. and De Jager, P. 2022. Do Bank Characteristics Affect Bank Lending Behaviour? The African Finance Journal. 24 (1), pp. 1-15.

Microfinance and Entrepreneurship: The Enabling Role of Social Capital
Babajide, A., Obembe, D., Solomon, H. and Woldesenbet, K. Forthcoming. Microfinance and Entrepreneurship: The Enabling Role of Social Capital. 5th European Research Conference on Microfinance. University of Portsmouth 12 - 14 Jun 2017

Bank Lending Channel and Monetary Policy in Nigeria
Matousek, R. and Solomon, H. 2018. Bank Lending Channel and Monetary Policy in Nigeria. Research in International Business and Finance. 45, pp. 467-474. https://doi.org/10.1016/j.ribaf.2017.07.180

Monetary Policy and the Banking Sector in South Africa
De Jager, P., Matousek, R., Mullineux, A. and Solomon, H. 2017. Monetary Policy and the Banking Sector in South Africa. Centre for the Study of African Economies (CSAE) Conference 2017: Economic Development in Africa. Oxford, UK 19 - 21 Mar 2017

The Differential Impact of Public and Private Governance Institutions on the Different Modes of Foreign Investment
Lysandrou, P., Solomon, H. and Goda, T. 2016. The Differential Impact of Public and Private Governance Institutions on the Different Modes of Foreign Investment. International Review of Applied Economics . 30 (6), pp. 1465-3486. https://doi.org/10.1080/02692171.2016.1208737

Impact of Social Media on Economic Growth - Evidence from Social Media
Dell'Anno, R, Rayna, T. and Solomon, H. 2016. Impact of Social Media on Economic Growth - Evidence from Social Media. Applied Economics Letters. 23 (9), pp. 633-636. https://doi.org/10.1080/13504851.2015.1095992

China's outward foreign direct investment and domestic investment: An industrial level analysis
Kefei, Y. and Solomon, H. 2015. China's outward foreign direct investment and domestic investment: An industrial level analysis. China Economic Review. 34, pp. 249-60. https://doi.org/10.1016/j.chieco.2015.02.006

Does the Informal Sector Thrive Under Democracy or Autocracy?: The Case of Nepal
Solomon, H. and Shrestha, S. 2014. Does the Informal Sector Thrive Under Democracy or Autocracy?: The Case of Nepal. Journal of Developing Areas. 48 (3), pp. 245-267. https://doi.org/10.1353/jda.2014.0044

Informality, Inequality and ICT in Transition economies
Solomon, H. and Dell'Anno, R. 2014. Informality, Inequality and ICT in Transition economies. Eastern European Economics. 52 (5), pp. 3-31. https://doi.org/10.1080/001287755.2014.1004264

Permalink - https://westminsterresearch.westminster.ac.uk/item/vw2w0/microfinance-and-entrepreneurship-the-enabling-role-of-social-capital-among-female-entrepreneurs

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

Related outputs

Share this

Usage statistics

Export as