SUMMARY, CONCLUSIONS AND RECOMMENDATIONS

This portion of the study included the objectives of the study, as well as the statistical

tool used. In this chapter, the results of the study are presented. This also includes the

conclusion and recommendation from the study which can give insights to the other

researchers.

Summary

The study was conducted from january to march 2019 in Dasmariñas, City Cavite

to determine the effects of microfinance to women entrepreneurs in Dasmariñas, City

Cavite. Specifically, this aimed: 1. to determine the socio economic profile of the women

entrepreneurs in terms of age, civil status, educational attainment and years as member of

microfinnace; 2. determine the profile of the enterprise in terms of nature of business,

number of years in the operation, number of branches, number of employees and capital

investment; 3. determine the benefits offered by microfinance to women owned entreprises

in terms of convenience, security and financial source; 4. determine the effects of

microfinance to women entrepreneurs in terms of social, economic and financial aspects

and; 5. to determine the significant relationship between the benefits derived from

microfinance and the effects of microfinance to women entrepreneurs.

This study covered 72 participants from the most number of registered businesses

in Cavite which is Dasmariñas City using descriptive research design. The researchers used

frequency distribution, weighted mean and pearson r correlation coefficient in presenting

the result of the study.

The results revealed that the most of women entrepreneurs in Dasmariñas City,
 41

Cavite were 36-40 years old (26.39%) and were college undergraduate (36.11%). Most of

them were married (64%) and a member of microfinance from 1-3 years (62.50%). Most

of the women entrepreneurs nature of businesses were merchandising (64%) with 1-3 years

in business operations (37.50%). All of the participants have 1-3 branches of their

businesses with 1 to 5 employees (95.83%) and has atleast below Php 20,000 capital

investment (30.56%).

The benefits offered by microfinance to women entrepreneurs in terms of

convenience is that it offers lower processing fee; in terms of security, it provides children

education; and in terms of financial source , it gives people the access to credit. While the

effects of microfinance to women owned enterprises in terms of social aspect, they

encouraged women to attend seminars; in terms of economic aspect, it increases their

income and; in terms of financial aspect, it provides better living for the family.

It was also found out that among the benefits offered by microfinance, security and

financial source were found to be significantly related to the effects of microfinance to

women- owned enterprises.

Conclusion

Based from the findings of the study, the following conclusions were drawn.

Most of the women entrepreneurs were 36-40 years old, college undergraduate,

married and 1-3 years members of microfinance. Most of their businesses were

merchandising, 1-3 years in the operation, the number of employees range from 1-5, has

1-5 employees and has a capital investment of Php 20,000.

The result based on the questionnaires about the benefits offered by microfinance

showed that women entrepreneurs agreed that they are conveniently benefited from
 42

microfinance institutions, it fairly provides security among women and they also agreed

that micro finance is a financial source of women entrepreneurs.

As observed, microfinance has a neutral impact to the women entrepreneur’s social

aspects. It also showed that microfinance has a neutral effect to the women’s economic

aspect. Lastly the participants agreed that microfinance has an effect to their financial

aspect.

As resulted, only security and financial source were found significantly related to

the effects of microfinance to women entrepreneurs.

Recommendation

Based on the findings and conclusion of the study, the following recommendation

was formulated and serves this research as reference for future related study:

1. Researchers recommend a more in-depth study about other benefits of micro finance

and effects of micro finance to women entrepreneurs.

2. Determine the challenges faced by women entrepreneurs in microfinance institutions.

3. The researchers recommend the expansion of the study including the top 3 most number

of registered business in municipalities of Cavite, officially registered in Department

of Trade and Industry, in order to have another microfinance institution that includes

women that can supplement other benefits and to have more business classifications.

4. Researchers recommend to microfinance institutions to focus to the low responses of

women entrepreneurs to the benefits that they offered for their improvement and to give

more benefits for their members

 43

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