Key factors influencing women micro-entrepreneurs to use Ar-Rahnu: evidence from Siti Khadijah’s Market, Kelantan
Ar-Rahnu is becoming an increasingly micro-credit instrument in Malaysia. It is accepted as a viable and competitive mode to obtain cash instantly. Despite this, studies on Ar-Rahnu, particularly on the acceptance factors among women micro-entrepreneurs has been very limited. This study aim...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
INSI Publications
2015
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/46096/ http://irep.iium.edu.my/46096/ http://irep.iium.edu.my/46096/1/Nik1.pdf |
| Summary: | Ar-Rahnu is becoming an increasingly micro-credit instrument in Malaysia. It is accepted as a viable and competitive mode to obtain cash instantly. Despite this, studies on Ar-Rahnu, particularly on the acceptance factors among women micro-entrepreneurs has been very limited. This study aims to investigate the level of acceptance for ArRahnu among women micro-entrepreneurs, in Siti Khadijah’s market, Kelantan. This study conducted in-depth interviews with the women micro-entrepreneurs from different area of business who used Ar-Rahnu as a source of capital. Overall, there are four sub themes influencing the acceptance of Ar-Rahnu, namely; locality, difficulties in getting loan, service charges and collateral. This study finds that, service charge is
the main factor influencing women micro-entrepreneurs to choose Ar-Rahnu as their source of micro-credit. |
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