Factors affecting default payment on microcredit loan case study of Amanah Ikhtiar Malaysia, Bukit Mertajam branch / Norhafize Ab Wahab and Noor Faezah Abdul Nasir

Micro credit is a product of micro finance institutions. It can be defined as financial instruments such as savings, insurance, loans and other financial products that only focus to the poor. In Malaysia, one of institution that provides micro credit is Amanah Ikhtiar Malaysia (AIM). AIM or Ikhtiar...

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Main Authors: Ab Wahab, Norhafize, Abdul Nasir, Noor Faezah
Format: Student Project
Language:English
Published: Faculty of Business and Management 2013
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/27803/
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author Ab Wahab, Norhafize
Abdul Nasir, Noor Faezah
author_facet Ab Wahab, Norhafize
Abdul Nasir, Noor Faezah
author_sort Ab Wahab, Norhafize
building UiTM Institutional Repository
collection Online Access
description Micro credit is a product of micro finance institutions. It can be defined as financial instruments such as savings, insurance, loans and other financial products that only focus to the poor. In Malaysia, one of institution that provides micro credit is Amanah Ikhtiar Malaysia (AIM). AIM or Ikhtiar was established in 1987 as a Registered Private Trust (under the Trustees Incorporation Act 1952 (Revised 1981). Our objectives of this study is to determine the factors affecting default payment on micro credit loans, to determine the relationships between the independent variables (borrower, business, lender and loan characteristics) and the dependent variables (default payment), and to determine the most significant factor affecting default payment. We used simple random sampling to select 150 respondents among borrowers that having problem to pay backs the loan. We only focus to Sungai Acheh block which is has 243 borrowers who have default case. From our study, we found that the most significant factor that affecting to default payment is borrower/individual characteristic with highest t-value among other factors which is 4.232 and also highest beta value that is 0.348. It is significant because the p-value is less than 0.05. Since borrower/individual characteristics are significant in influences default payment on micro credit loan thus the hypothesis 1 is accepted.
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spelling uitm-278032020-04-22T15:54:22Z https://ir.uitm.edu.my/id/eprint/27803/ Factors affecting default payment on microcredit loan case study of Amanah Ikhtiar Malaysia, Bukit Mertajam branch / Norhafize Ab Wahab and Noor Faezah Abdul Nasir Ab Wahab, Norhafize Abdul Nasir, Noor Faezah Microfinance Commercial credit. Commercial loans. Credit management Micro credit is a product of micro finance institutions. It can be defined as financial instruments such as savings, insurance, loans and other financial products that only focus to the poor. In Malaysia, one of institution that provides micro credit is Amanah Ikhtiar Malaysia (AIM). AIM or Ikhtiar was established in 1987 as a Registered Private Trust (under the Trustees Incorporation Act 1952 (Revised 1981). Our objectives of this study is to determine the factors affecting default payment on micro credit loans, to determine the relationships between the independent variables (borrower, business, lender and loan characteristics) and the dependent variables (default payment), and to determine the most significant factor affecting default payment. We used simple random sampling to select 150 respondents among borrowers that having problem to pay backs the loan. We only focus to Sungai Acheh block which is has 243 borrowers who have default case. From our study, we found that the most significant factor that affecting to default payment is borrower/individual characteristic with highest t-value among other factors which is 4.232 and also highest beta value that is 0.348. It is significant because the p-value is less than 0.05. Since borrower/individual characteristics are significant in influences default payment on micro credit loan thus the hypothesis 1 is accepted. Faculty of Business and Management 2013 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/27803/1/PPb_NORHAFIZE%20AB%20WAHAB%20BM%20M%2013_5.pdf Ab Wahab, Norhafize and Abdul Nasir, Noor Faezah (2013) Factors affecting default payment on microcredit loan case study of Amanah Ikhtiar Malaysia, Bukit Mertajam branch / Norhafize Ab Wahab and Noor Faezah Abdul Nasir. (2013) [Student Project] <http://terminalib.uitm.edu.my/27803.pdf> (Unpublished)
spellingShingle Microfinance
Commercial credit. Commercial loans. Credit management
Ab Wahab, Norhafize
Abdul Nasir, Noor Faezah
Factors affecting default payment on microcredit loan case study of Amanah Ikhtiar Malaysia, Bukit Mertajam branch / Norhafize Ab Wahab and Noor Faezah Abdul Nasir
title Factors affecting default payment on microcredit loan case study of Amanah Ikhtiar Malaysia, Bukit Mertajam branch / Norhafize Ab Wahab and Noor Faezah Abdul Nasir
title_full Factors affecting default payment on microcredit loan case study of Amanah Ikhtiar Malaysia, Bukit Mertajam branch / Norhafize Ab Wahab and Noor Faezah Abdul Nasir
title_fullStr Factors affecting default payment on microcredit loan case study of Amanah Ikhtiar Malaysia, Bukit Mertajam branch / Norhafize Ab Wahab and Noor Faezah Abdul Nasir
title_full_unstemmed Factors affecting default payment on microcredit loan case study of Amanah Ikhtiar Malaysia, Bukit Mertajam branch / Norhafize Ab Wahab and Noor Faezah Abdul Nasir
title_short Factors affecting default payment on microcredit loan case study of Amanah Ikhtiar Malaysia, Bukit Mertajam branch / Norhafize Ab Wahab and Noor Faezah Abdul Nasir
title_sort factors affecting default payment on microcredit loan case study of amanah ikhtiar malaysia, bukit mertajam branch / norhafize ab wahab and noor faezah abdul nasir
topic Microfinance
Commercial credit. Commercial loans. Credit management
url https://ir.uitm.edu.my/id/eprint/27803/