Microfinance nowadays is about drawing the benefits of modern entrepreneurship downward to those with low incomes relatively than endorse alternatives to free enterprise; “…it is a component of the post-Washington Consensus [30]” also not a substitute to the prevailing attitude. We adopted descriptive assessment techniques, the data were collected through interviewing or administering a questionnaire to a sample of 400 respondents, and analyzed by using SPSS software. There was strong negative correlation between multiple loans and positive corelation between business capacity and extent of higher interest rates charged. The study recommended that the business owner should focus on the level of the business capacity with loan proposed to be taken and make the comparisons of the daily business revenues operation and not the capital of the business initiatives.
| Published in | International Journal of Business and Economics Research (Volume 5, Issue 5) |
| DOI | 10.11648/j.ijber.20160505.12 |
| Page(s) | 143-148 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2016. Published by Science Publishing Group |
Microfinance Institutions, Interest Rates, Multiple Loan, Business Capacity
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APA Style
Ali Othman Abbas, Zhang Honghui. (2016). Empirical Evidence Impact of Interest Rate on Loan Repayment of Microfinancial Institution in Tanzania. International Journal of Business and Economics Research, 5(5), 143-148. https://doi.org/10.11648/j.ijber.20160505.12
ACS Style
Ali Othman Abbas; Zhang Honghui. Empirical Evidence Impact of Interest Rate on Loan Repayment of Microfinancial Institution in Tanzania. Int. J. Bus. Econ. Res. 2016, 5(5), 143-148. doi: 10.11648/j.ijber.20160505.12
AMA Style
Ali Othman Abbas, Zhang Honghui. Empirical Evidence Impact of Interest Rate on Loan Repayment of Microfinancial Institution in Tanzania. Int J Bus Econ Res. 2016;5(5):143-148. doi: 10.11648/j.ijber.20160505.12
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Download@article{10.11648/j.ijber.20160505.12,
author = {Ali Othman Abbas and Zhang Honghui},
title = {Empirical Evidence Impact of Interest Rate on Loan Repayment of Microfinancial Institution in Tanzania},
journal = {International Journal of Business and Economics Research},
volume = {5},
number = {5},
pages = {143-148},
doi = {10.11648/j.ijber.20160505.12},
url = {https://doi.org/10.11648/j.ijber.20160505.12},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20160505.12},
abstract = {Microfinance nowadays is about drawing the benefits of modern entrepreneurship downward to those with low incomes relatively than endorse alternatives to free enterprise; “…it is a component of the post-Washington Consensus [30]” also not a substitute to the prevailing attitude. We adopted descriptive assessment techniques, the data were collected through interviewing or administering a questionnaire to a sample of 400 respondents, and analyzed by using SPSS software. There was strong negative correlation between multiple loans and positive corelation between business capacity and extent of higher interest rates charged. The study recommended that the business owner should focus on the level of the business capacity with loan proposed to be taken and make the comparisons of the daily business revenues operation and not the capital of the business initiatives.},
year = {2016}
}
TY - JOUR T1 - Empirical Evidence Impact of Interest Rate on Loan Repayment of Microfinancial Institution in Tanzania AU - Ali Othman Abbas AU - Zhang Honghui Y1 - 2016/09/06 PY - 2016 N1 - https://doi.org/10.11648/j.ijber.20160505.12 DO - 10.11648/j.ijber.20160505.12 T2 - International Journal of Business and Economics Research JF - International Journal of Business and Economics Research JO - International Journal of Business and Economics Research SP - 143 EP - 148 PB - Science Publishing Group SN - 2328-756X UR - https://doi.org/10.11648/j.ijber.20160505.12 AB - Microfinance nowadays is about drawing the benefits of modern entrepreneurship downward to those with low incomes relatively than endorse alternatives to free enterprise; “…it is a component of the post-Washington Consensus [30]” also not a substitute to the prevailing attitude. We adopted descriptive assessment techniques, the data were collected through interviewing or administering a questionnaire to a sample of 400 respondents, and analyzed by using SPSS software. There was strong negative correlation between multiple loans and positive corelation between business capacity and extent of higher interest rates charged. The study recommended that the business owner should focus on the level of the business capacity with loan proposed to be taken and make the comparisons of the daily business revenues operation and not the capital of the business initiatives. VL - 5 IS - 5 ER -
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