- Title
- The influence of microfinance lending on economic growth in Zimbabwe
- Creator
- Matema, Travy
- Subject
- Microfinance -- Zimbabwe
- Subject
- Economic development -- Zimbabwe Zimbabwe -- Economic conditions
- Date Issued
- 2018
- Date
- 2018
- Type
- Thesis
- Type
- Masters
- Type
- MPhil
- Identifier
- http://hdl.handle.net/10948/31819
- Identifier
- vital:31848
- Description
- Given the importance of the potential of microfinance lending as a means of addressing poverty alleviation and fostering economic growth especially in developing countries, this study evaluates the influence of MFI lending on economic growth in Zimbabwe. Hence this study will provide empirical evidence as to whether MFI lending has an influence on economic growth in Zimbabwe. The study employed the Auto Regressive Distributed Lag (ARDL) Model using quarterly data from 2000- 2016. The stationary tests revealed that the dependent variable was I(1) and the independent variables had mixed stationarity properties l(0) and l(1). The ARDL Bounds Co-integration test showed that there is co-integration between microfinance and economic growth. The findings of the Error Correction Model indicated that microfinance positively influences economic growth. Furthermore, by investing in microfinance lending the economy will be positively influenced within a year’s time. This study provides justification for the pursual of capitalising on microfinance lending as well as for Developmental Institutions and the Reserve Bank of Zimbabwe to prioritise funding for microfinance lending.
- Format
- xiii, 139 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economics Sciences
- Language
- English
- Rights
- Nelson Mandela University
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | TRAVY MATEMA.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |