Abdul Manaf, Halimah and Mohamed, Ahmad Martadha (2014) The impact of microcredit scheme on entrepreneurship development: The case of Malaysia. In: 4th International Conference on Public Organization, 25-26 August 2014, Quality Hotel, Kuala Lumpur.

PDF Restricted to Registered users only Download (19MB) | Request a copy

Abstract

In many developed countries, social entrepreneurship play as important role in enhancing citizen entrepreneurial skills.In developing countries, Social entrepreneurship has emerged and grown into a global movement to transform social change as part of poverty eradication strategy.Building upon this foundation, this paper aims to examine the impact of microcredit scheme on entrepreneurhip development.Specifically, it attempts to (1) explore the effectiveness of the existing microcredit schemes, (2) assess the viability of government policies aimed at promoting microcredit schemes; and (3) make strategic policy recommendation to improve the existing social business model.The methodology in this study involves disrtibuting questionaires survey to 1500 microcredit participants across Malaysia.A total of 1176 respondents returned the questionnaires, which was a rate of return of 78%.The findings were analysed based on descriptive statistic involving frequency,percentage and mean.The finding indicate that (1) microcredit schemes are effective in developing entrepreneurial skills particularly among women and single parents in rural areas; (2) existing government policies are sufficient in providing adequate funding opportunities for these entrepreneurs; and (3) current existing social business model needs adjustment particularly in regard to providing training to aspiring entrepreneurs.However, there are areas of concern that need to be addressed by the government such as the need for coordination among institutions that offer microcredit financing and less political interference in the decision making process.

Item Type:	Conference or Workshop Item (Paper)
Additional Information:	ISBN: 9786021992227 organized by: School of Government UUM COLGIS
Uncontrolled Keywords:	Social entrepreneurship, microcredit scheme, entrepreneurial development
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	College of Law, Government and International Studies
Depositing User:	P.M Dr. Halimah Abdul Manaf
Date Deposited:	12 May 2015 05:04
Last Modified:	12 May 2015 05:04
URI:	https://repo.uum.edu.my/id/eprint/13939

Actions (login required)

View Item