Asset-Building and Microfinance: An Econometric Analysis

Authors

  • Stephen Mago Department of Development Studies, University of Fort Hare, P. Bag X1314,Alice, South Africa.
  • Shamiso Mago Department of Development Studies, University of Fort Hare, P. Bag X1314,Alice, South Africa.

Abstract

The poor’s central resources for livelihoods enhancement are their assets. This emphasizes the need for asset strengthening and accumulation to achieve social transformation and poverty reduction. Poor people rarely speak of income but the management of assets in the form of physical, human, social and environmental as a way to cope with their vulnerability. This paper attempts to carry out an econometric analysis of the how asset-building can be enhanced by the provision of microfinance. The poor have lower assets thus they are disadvantaged by financial exclusion. Results show a statistically positive relationship between microfinance and assets.

DOI: 10.5901/mjss.2013.v4n3p449

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Published

2013-09-03

How to Cite

Mago, S., & Mago, S. (2013). Asset-Building and Microfinance: An Econometric Analysis. Mediterranean Journal of Social Sciences, 4(3), 449. Retrieved from https://www.richtmann.org/journal/index.php/mjss/article/view/497

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