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Investigating determinants of access to formal credit - South African women entrepreneurs in the informal sector
Financial inclusion remains vital for the empowerment of women. Women, particularly in the informal sector, face the challenge of access to formal credit. The aim of the study is to investigate the determinants of access to formal credit by women in the informal sector. A logit regression model is e...
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| Format: | Thesis |
| Language: | English |
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Graduate School of Business (GSB)
2022
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| _version_ | 1867613221343461376 |
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| access_status_str | Open Access |
| author | Futha, Vuyelwa |
| author2 | Kabinga, Mundia |
| author_browse | Futha, Vuyelwa Kabinga, Mundia |
| author_facet | Kabinga, Mundia Futha, Vuyelwa |
| author_sort | Futha, Vuyelwa |
| collection | Thesis |
| description | Financial inclusion remains vital for the empowerment of women. Women, particularly in the informal sector, face the challenge of access to formal credit. The aim of the study is to investigate the determinants of access to formal credit by women in the informal sector. A logit regression model is employed as an estimation technique, to empirically test the relationship between individual characteristics and access to formal credit. The study uses data from the 2016 FinScope National Survey to identify which of these determinants affects access to credit in South Africa. The FinScope data consists of a nationally representative sample size of 4992 South African men and women aged 16 years and older. The findings indicate that ‘fear of applying for a loan', ‘loan from moneylenders' as well as ‘loan from family and friends' were variables found to be statistically insignificant determinants of access to credit. In line with expectation, the results indicate that possession of a tertiary education; having undergone vocational training; being older; having access to a communication device; and having a positive attitude towards technology, increase the chances of access to credit. The results also prove the hypotheses that being female; an entrepreneur in the informal sector; possession of a primary education; being based in a rural area; having an irregular source of income; or the use of internal funds are negatively correlated to access to credit. The findings highlight the need to find meaningful solutions to address access to credit for women entrepreneurs in the informal sector in South Africa. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/35494 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:32:41.376Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | Graduate School of Business (GSB) |
| publisherStr | Graduate School of Business (GSB) |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/35494 Investigating determinants of access to formal credit - South African women entrepreneurs in the informal sector Futha, Vuyelwa Kabinga, Mundia Development Finance Financial inclusion remains vital for the empowerment of women. Women, particularly in the informal sector, face the challenge of access to formal credit. The aim of the study is to investigate the determinants of access to formal credit by women in the informal sector. A logit regression model is employed as an estimation technique, to empirically test the relationship between individual characteristics and access to formal credit. The study uses data from the 2016 FinScope National Survey to identify which of these determinants affects access to credit in South Africa. The FinScope data consists of a nationally representative sample size of 4992 South African men and women aged 16 years and older. The findings indicate that ‘fear of applying for a loan', ‘loan from moneylenders' as well as ‘loan from family and friends' were variables found to be statistically insignificant determinants of access to credit. In line with expectation, the results indicate that possession of a tertiary education; having undergone vocational training; being older; having access to a communication device; and having a positive attitude towards technology, increase the chances of access to credit. The results also prove the hypotheses that being female; an entrepreneur in the informal sector; possession of a primary education; being based in a rural area; having an irregular source of income; or the use of internal funds are negatively correlated to access to credit. The findings highlight the need to find meaningful solutions to address access to credit for women entrepreneurs in the informal sector in South Africa. 2022-01-18T07:57:29Z 2022-01-18T07:57:29Z 2021 2022-01-12T11:08:23Z Master Thesis Masters MBA http://hdl.handle.net/11427/35494 eng application/pdf Graduate School of Business (GSB) Faculty of Commerce |
| spellingShingle | Development Finance Futha, Vuyelwa Investigating determinants of access to formal credit - South African women entrepreneurs in the informal sector |
| thesis_degree_str | Master's |
| title | Investigating determinants of access to formal credit - South African women entrepreneurs in the informal sector |
| title_full | Investigating determinants of access to formal credit - South African women entrepreneurs in the informal sector |
| title_fullStr | Investigating determinants of access to formal credit - South African women entrepreneurs in the informal sector |
| title_full_unstemmed | Investigating determinants of access to formal credit - South African women entrepreneurs in the informal sector |
| title_short | Investigating determinants of access to formal credit - South African women entrepreneurs in the informal sector |
| title_sort | investigating determinants of access to formal credit south african women entrepreneurs in the informal sector |
| topic | Development Finance |
| url | http://hdl.handle.net/11427/35494 |
| work_keys_str_mv | AT futhavuyelwa investigatingdeterminantsofaccesstoformalcreditsouthafricanwomenentrepreneursintheinformalsector |