{"id":"https://openalex.org/W7125893751","doi":"https://doi.org/10.26634/jecom.5.3.22315","title":"Assessing the impact of rural microfinance on socio-economic development: A case study of Chimwala village, Mangochi district","display_name":"Assessing the impact of rural microfinance on socio-economic development: A case study of Chimwala village, Mangochi district","publication_year":2025,"publication_date":"2025-01-01","ids":{"openalex":"https://openalex.org/W7125893751","doi":"https://doi.org/10.26634/jecom.5.3.22315"},"language":"en","primary_location":{"id":"doi:10.26634/jecom.5.3.22315","doi":"https://doi.org/10.26634/jecom.5.3.22315","is_oa":false,"landing_page_url":"https://doi.org/10.26634/jecom.5.3.22315","pdf_url":null,"source":{"id":"https://openalex.org/S4387292866","display_name":"i-manager s Journal on Economics & Commerce","issn_l":"2583-9098","issn":["2583-9098"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4362724891","host_organization_name":"i-manager Publications","host_organization_lineage":["https://openalex.org/P4362724891"],"host_organization_lineage_names":["i-manager Publications"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"i-manager's Journal on Economics &amp; Commerce","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5134229570","display_name":"Mateo kanthunkako","orcid":"https://orcid.org/0009-0007-7665-9281","observed_orcids":["https://orcid.org/0009-0007-7665-9281"]},"institutions":[{"id":"https://openalex.org/I4210122687","display_name":"DMI-St. John the Baptist University","ror":"https://ror.org/02ngq1848","country_code":"MW","type":"education","lineage":["https://openalex.org/I4210122687"]}],"countries":["MW"],"is_corresponding":true,"raw_author_name":"Kanthunkako Mateo","raw_affiliation_strings":["DMI-St. John the Baptist University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"DMI-St. John the Baptist University","institution_ids":["https://openalex.org/I4210122687"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5134229570"],"corresponding_institution_ids":["https://openalex.org/I4210122687"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"5","issue":"3","first_page":"1","last_page":"1"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10987","display_name":"Microfinance and Financial Inclusion","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10987","display_name":"Microfinance and Financial Inclusion","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12786","display_name":"Innovation and Socioeconomic Development","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1403","display_name":"Business and International Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/rural-microfinance","display_name":"rural microfinance","score":0.9750000238418579},{"id":"https://openalex.org/keywords/socio-economic-development","display_name":"socio-economic development","score":0.8859999775886536},{"id":"https://openalex.org/keywords/microfinance-institutions","display_name":"microfinance institutions","score":0.9879999756813049},{"id":"https://openalex.org/keywords/financial-inclusion","display_name":"financial inclusion","score":0.9629999995231628},{"id":"https://openalex.org/keywords/borrower-welfare","display_name":"borrower welfare","score":0.8009999990463257},{"id":"https://openalex.org/keywords/economic-empowerment","display_name":"economic empowerment","score":0.9729999899864197},{"id":"https://openalex.org/keywords/loan-accessibility","display_name":"loan accessibility","score":0.578000009059906},{"id":"https://openalex.org/keywords/interest-rates","display_name":"interest rates","score":0.8809999823570251},{"id":"https://openalex.org/keywords/rural-malawi","display_name":"rural Malawi","score":0.6660000085830688}],"concepts":[{"id":"https://openalex.org/C28129649","wikidata":"https://www.wikidata.org/wiki/Q926217","display_name":"Microfinance","level":2,"score":0.9742000102996826},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6377999782562256},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.633899986743927},{"id":"https://openalex.org/C3987366","wikidata":"https://www.wikidata.org/wiki/Q6658164","display_name":"Livelihood","level":3,"score":0.6098999977111816},{"id":"https://openalex.org/C50522688","wikidata":"https://www.wikidata.org/wiki/Q189833","display_name":"Economic growth","level":1,"score":0.5803999900817871},{"id":"https://openalex.org/C2988676352","wikidata":"https://www.wikidata.org/wiki/Q3773637","display_name":"Rural development","level":3,"score":0.4749000072479248},{"id":"https://openalex.org/C129047720","wikidata":"https://www.wikidata.org/wiki/Q175185","display_name":"Rural area","level":2,"score":0.4417000114917755},{"id":"https://openalex.org/C557418111","wikidata":"https://www.wikidata.org/wiki/Q1393258","display_name":"Rural economics","level":4,"score":0.3968000113964081},{"id":"https://openalex.org/C93678727","wikidata":"https://www.wikidata.org/wiki/Q7380583","display_name":"Rural management","level":4,"score":0.3801000118255615},{"id":"https://openalex.org/C188897","wikidata":"https://www.wikidata.org/wiki/Q5333508","display_name":"Economic impact analysis","level":2,"score":0.3206999897956848},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3012999892234802},{"id":"https://openalex.org/C189326681","wikidata":"https://www.wikidata.org/wiki/Q10294","display_name":"Poverty","level":2,"score":0.2994000017642975},{"id":"https://openalex.org/C45355965","wikidata":"https://www.wikidata.org/wiki/Q1643441","display_name":"Socioeconomics","level":1,"score":0.27649998664855957},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.27320000529289246},{"id":"https://openalex.org/C133462117","wikidata":"https://www.wikidata.org/wiki/Q4929239","display_name":"Data collection","level":2,"score":0.26989999413490295},{"id":"https://openalex.org/C2779251847","wikidata":"https://www.wikidata.org/wiki/Q60852","display_name":"Financial inclusion","level":3,"score":0.26660001277923584},{"id":"https://openalex.org/C139043278","wikidata":"https://www.wikidata.org/wiki/Q837171","display_name":"Financial services","level":2,"score":0.266400009393692}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.26634/jecom.5.3.22315","doi":"https://doi.org/10.26634/jecom.5.3.22315","is_oa":false,"landing_page_url":"https://doi.org/10.26634/jecom.5.3.22315","pdf_url":null,"source":{"id":"https://openalex.org/S4387292866","display_name":"i-manager s Journal on Economics & Commerce","issn_l":"2583-9098","issn":["2583-9098"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4362724891","host_organization_name":"i-manager Publications","host_organization_lineage":["https://openalex.org/P4362724891"],"host_organization_lineage_names":["i-manager Publications"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"i-manager's Journal on Economics &amp; Commerce","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":1.0},{"id":"https://metadata.un.org/sdg/1","display_name":"No poverty","score":0.8928999900817871},{"id":"https://metadata.un.org/sdg/10","display_name":"Reduced inequalities","score":0.5676000118255615}],"study_designs":[{"id":"https://openalex.org/study-designs/observational-study","display_name":"Observational Study"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":13,"referenced_works":["https://openalex.org/W1872157195","https://openalex.org/W2023359771","https://openalex.org/W2056930817","https://openalex.org/W2067792373","https://openalex.org/W2073936955","https://openalex.org/W2075789226","https://openalex.org/W2078993558","https://openalex.org/W2137625110","https://openalex.org/W2140721085","https://openalex.org/W2146963697","https://openalex.org/W3121502504","https://openalex.org/W3121900324","https://openalex.org/W4237100708"],"related_works":["https://openalex.org/W4412596499","https://openalex.org/W4411075613","https://openalex.org/W4399770757","https://openalex.org/W4407378358","https://openalex.org/W4407038231","https://openalex.org/W4410238880","https://openalex.org/W7215515413","https://openalex.org/W7080976578","https://openalex.org/W7154608382","https://openalex.org/W7171859236"],"abstract_inverted_index":{"Microfinance":[0],"has":[1],"been":[2],"recognized":[3],"as":[4,105],"a":[5,45,87],"crucial":[6],"tool":[7],"for":[8,23,118],"fostering":[9],"economic":[10,97],"growth":[11],"and":[12,26,76,96,109,123],"improving":[13],"livelihoods":[14],"in":[15,39,102,133],"rural":[16,34,58,120,134],"areas":[17,103],"by":[18],"providing":[19],"access":[20],"to":[21,126],"credit":[22],"small":[24],"businesses":[25],"households.":[27],"This":[28],"study":[29,113],"assesses":[30],"the":[31,128],"impact":[32,89],"of":[33,131],"microfinance":[35,82,132],"on":[36,72,90],"socio-economic":[37],"development":[38],"Chimwala":[40],"Village,":[41],"Mangochi":[42],"District.":[43],"Using":[44],"mixed-methods":[46],"research":[47],"design,":[48],"it":[49],"combines":[50],"primary":[51],"data":[52,62],"gathered":[53],"through":[54],"questionnaires":[55],"from":[56,63],"250":[57],"respondents":[59],"with":[60,115],"secondary":[61],"existing":[64],"literature.":[65],"Data":[66],"were":[67],"analyzed":[68],"using":[69],"SPSS,":[70],"focusing":[71],"means,":[73],"standard":[74],"deviation,":[75],"correlation":[77],"analysis.":[78],"Findings":[79],"reveal":[80],"that":[81],"institutions":[83],"(MFIs)":[84],"have":[85],"had":[86],"significant":[88],"outreach,":[91],"financial":[92],"inclusion,":[93],"borrower":[94],"welfare,":[95],"empowerment,":[98],"though":[99],"challenges":[100],"remain":[101],"such":[104],"interest":[106],"rates,":[107],"accessibility,":[108],"loan":[110],"flexibility.":[111],"The":[112],"concludes":[114],"practical":[116],"recommendations":[117],"MFIs,":[119],"communities,":[121],"policymakers,":[122],"regulatory":[124],"bodies":[125],"enhance":[127],"developmental":[129],"role":[130],"Malawi.":[135]},"counts_by_year":[],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2026-01-29T00:00:00"}
