Business, Management and Accounting
3 years ago

Access to Credit Boosts Entrepreneurship and Performance of Small Businesses in Jambi

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
An effect of credit to entrepreneurship and micro small and medium enterprises performance in Jambi Province
Etik Umiyati, Zulfanetti Zulfanetti

Paper Summary

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The study looked at how giving credit to small businesses in Jambi Province affects entrepreneurship and business performance. They found that providing credit to these businesses has a positive impact on both entrepreneurship activity and business performance. Additionally, entrepreneurship itself has a positive effect on business performance. The researchers used a method called PLS-SEM analysis and surveyed 276 business owners in the region. The results show that supporting small businesses with credit can lead to better entrepreneurship and overall business success in Jambi Province.