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Impact Of Microcredit Finance On The Socioeconomic Status Of The Underprivileged Populace Of Punjab: Through The Mediating Effect Of Knowledge Sharing Ability And Financial And Legal Awareness

Author

Listed:
  • WARDA NAJEEB JAMAL

    (Assistant Professor, Department of Leadership and Management, Institute of Business, Management and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan)

  • RANA M. ZAHID HAFEEZ

    (Institute of Business, Management and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan)

  • OWAIS SHAFIQUE

    (Assistant Professor, Department of Islamic and Commercial Banking, Institute of Business, Management and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan)

  • RAZI RAZZAQ

    (Institute of Business, Management and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan)

  • GULFAM ASIF

    (Institute of Business, Management and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan)

  • MUHAMMAD WAQAS ASHRAF

    (Institute of Business, Management and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan)

Abstract

This study was carried out in southern Punjab and aimed at finding the impact of Micro-Finance participation on Socioeconomic Status and other mediating variables Impact on Socioeconomic status. All the variables impact the dependent variable, i.e., Socioeconomic Status. Our Population is Microcredit Finance Participants and non-participants of Microcredit banks clients. The sample size is 325 respondents, both male and female participants and non-participants of Microcredit Banks. An online and physical questionnaire will be developed in consultation with experts to cover the study’s objectives. Microcredit finance has played a significant role in transforming and improving the respondents' Socioeconomic conditions. Various statistical tests, such as SEM, KMO, and ANOVA tests, were used to evaluate the study's predicted suggestion and establish the relationship between variables.

Suggested Citation

  • Warda Najeeb Jamal & Rana M. Zahid Hafeez & Owais Shafique & Razi Razzaq & Gulfam Asif & Muhammad Waqas Ashraf, 2021. "Impact Of Microcredit Finance On The Socioeconomic Status Of The Underprivileged Populace Of Punjab: Through The Mediating Effect Of Knowledge Sharing Ability And Financial And Legal Awareness," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 10(4), pages 113-125, December.
    • Handle: RePEc:rfh:bbejor:v:10:y:2021:i:4:p:113-125
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    More about this item

    Keywords

    Microfinance participation; Knowledge Sharing Ability; Financial and legal Awareness; Socioeconomic Status; Microcredit Banks;
    All these keywords.

    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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