Islamic Microfinance and Women Entrepreneurial Success: Mediating Role of Human Capital

  • Muhammad Zahir Faridi Bahauddin Zakariya University, Multan, Pakistan
  • Shazia Nawaz Bahauddin Zakariya University, Multan, Pakistan
  • Sadia Bibi Bahauddin Zakariya University, Multan, Pakistan
Keywords: Microfinance, Human Capital, Women Entrepreneurial Performance, Source of Finance

Abstract

Purpose: This paper examines Islamic microfinance impeding sustainable women’s entrepreneurial performance in South Punjab, Pakistan. Further, we examine whether human capital mediates the relationship between variables

Design/Methodology/Approach: To examine the impact, the

primary data were collected from 220 women entrepreneurs who obtained microfinance from Islamic microfinance institutions (IMFIs) and Non-Islamic microfinance institutions operating in South Punjab, Pakistan. The correlation and regression models are used to translate the relationship and measure the impacts of microfinance on women’s entrepreneurial performance.

Findings: Results show that Islamic microfinance plays a positive role in women's entrepreneurial success. Further, documented that IMFIs have contributed more to entrepreneurial growth as compared to non-IMFIs.  

Implications/Originality/Value: This paper can be further extended by incorporating more factors and increasing sample size in order to get more significant results. 

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Author Biographies

Muhammad Zahir Faridi, Bahauddin Zakariya University, Multan, Pakistan

Professor, School of Economics, Bahauddin Zakariya University, Multan

Shazia Nawaz, Bahauddin Zakariya University, Multan, Pakistan

PhD Scholar,  School of Economics, Bahauddin Zakariya University, Multan

Sadia Bibi, Bahauddin Zakariya University, Multan, Pakistan

Assistant Professor, Department of Economics, Bahadur Sub Campus, Layyah, Bahauddin Zakariya University, Multan, Pakistan / PhD Scholar,  School of Economics, Bahauddin Zakariya University, Multan, Pakistan

 

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Published
2022-03-31
How to Cite
Faridi, M. Z., Nawaz, S., & Bibi, S. (2022). Islamic Microfinance and Women Entrepreneurial Success: Mediating Role of Human Capital. Journal of Accounting and Finance in Emerging Economies, 8(1), 1-12. https://doi.org/10.26710/jafee.v8i1.2125