Ojong, N. and Simba, A. ORCID: 0000-0002-0276-8211, 2019. Fostering micro-entrepreneurs' structural and relational social capital through microfinance. Journal of Small Business & Entrepreneurship, 31 (1), pp. 1-20. ISSN 0827-6331
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Abstract
This paper uses a multi-dimensional perspective on social capital to investigate how a microfinance institution can enhance the social capital of poor entrepreneurs. Findings show that by creating an environment that encourages frequent meetings and interactions between borrowers, group-based microfinance facilitates the development of relational trust and expansion of the network size of micro-entrepreneurs. An increase in levels of structural and relational social capital, in turn, leads to numerous advantages in terms of the flow of a diversity of resources. Ensuring access to financial capital, creating an enabling environment that fosters structural and relational social capital, and providing training would constitute a much better approach to helping poor entrepreneurs.
Item Type: | Journal article | ||||||
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Publication Title: | Journal of Small Business & Entrepreneurship | ||||||
Creators: | Ojong, N. and Simba, A. | ||||||
Publisher: | Taylor & Francis | ||||||
Date: | 2019 | ||||||
Volume: | 31 | ||||||
Number: | 1 | ||||||
ISSN: | 0827-6331 | ||||||
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Divisions: | Schools > Nottingham Business School | ||||||
Record created by: | Linda Sullivan | ||||||
Date Added: | 24 Jan 2018 11:29 | ||||||
Last Modified: | 05 Mar 2020 16:24 | ||||||
URI: | https://irep.ntu.ac.uk/id/eprint/32528 |
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