Microfinance and Life Satisfaction in Ecuador A study about financial determinants of life satisfaction among micro entrepreneurs in the informal eco…

2015

Masteroppgave økonomi og administrasjon- Universitetet i Agder, 2015 This study examines if and how leverage, delayed payments, and business profit influence life satisfaction among microfinance clients in the informal economy in Ecuador. To examine this, cross-sectional data is used. A dataset is used consisting of 752 micro entrepreneurs who work within different industries and reside in 6 different provinces. Several different statistical analyses are conducted with the main analysis being a hierarchical multiple linear regression analysis. The analysis consists of 2 blocks where traditional variables often found in happiness and life satisfaction studies are used as control variables in…