The goal of this study is to explore the factors influencing
the default of microfinance loans in the Matugama Division, Sri Lanka. A
deductive and a quantitative strategy were both employed. 5 Likert-scale
developed a standardised questionnaire. Using convenient sampling,
questionnaires were distributed among 133 microfinance loan borrowers in the
Matugama region. The exploratory factor analysis was performed using SPSS
version 22. Three factors helpful in understanding the default of microfinance
loans in Sri Lanka were verified by the results of this report. These are the
actions of the Microfinance Institute to govern the defaulting of loans; the
features of the family and loan community of borrowers; and macroeconomic
issues. Managers of Microfinance Institutes may use the results of this study
to monitor their credit risk and customer portfolio. Such policy consequences,
such as access to the Sri Lankan Credit Information Bureau, access to consumer
credit history, and access to credit history There are few of them in
government decisions directing Microfinance Institutes to seek securities from
their clients.
Author (s) Details
Dr (Mrs) E. A. G. Sumanasiri
Department of Commerce, Faculty of Management Studies and Commerce,
University of Sri Jayewardenepura, Sri Lanka.
Mr. D. T. Priyankara
Department of Commerce, Faculty of Management Studies and Commerce, University
of Sri Jayewardenepura, Sri Lanka.
View Book :- https://bp.bookpi.org/index.php/bpi/catalog/book/276
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