6533b828fe1ef96bd12883d7
RESEARCH PRODUCT
The process of female borrower discouragement
Bert D'espallierVanessa NaegelsNeema MoriNeema Morisubject
Economics and EconometricsLabour economics050208 financeProcess (engineering)media_common.quotation_subject05 social sciencesGrounded theoryEntrepreneurial financeLoanCapital (economics)PhenomenonPerception0502 economics and businessFemale entrepreneursBusinessBusiness and International Management050203 business & managementmedia_commondescription
Recent entrepreneurial finance literature identifies ‘borrower discouragement’ as an important phenomenon explaining why female entrepreneurs hold less capital to grow their venture. But how do you become a discouraged borrower? We apply grounded theory to interviews with Tanzanian female entrepreneurs and model the process via which these entrepreneurs become discouraged. Our model suggests that entrepreneurs hold negative perceptions regarding loan application, allocation and payback procedures shaped by both internal and external information sources. We demonstrate that negative perceptions cause an unfavorable attitude towards formal loans which together with entrepreneurs' perceptions of societal norms lead to a low intention to apply. ispartof: Emerging Markets Review vol:50 pages:1-23 status: published
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2022-03-01 | Emerging Markets Review |