Social loafing and loan repayment accountability in group-based microbusiness financing / Farah Aida Ahmad Nadzri, Normah Omar and Rashidah Abdul Rahman

Although individual lending is not unusual in microfinance, group lending, however, is considered as more common in this field. Through group lending, all group members are made responsible for the repayment of their loans. The group-based model financing is also viewed as effective in transferring...

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Main Authors: Ahmad Nadzri, Farah Aida, Omar, Normah, Abdul Rahman, Rashidah
Format: Article
Language:English
Published: Universiti Teknologi MARA Cawangan Selangor 2017
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Online Access:https://ir.uitm.edu.my/id/eprint/29715/1/AJ_FARAH%20AIDA%20AHMAD%20NADZRI%20APMAJ%20B%2017.pdf
https://ir.uitm.edu.my/id/eprint/29715/
http://arionline.uitm.edu.my/ojs/index.php/APMAJ/article/view/675
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spelling my.uitm.ir.297152022-07-05T06:21:11Z https://ir.uitm.edu.my/id/eprint/29715/ Social loafing and loan repayment accountability in group-based microbusiness financing / Farah Aida Ahmad Nadzri, Normah Omar and Rashidah Abdul Rahman Ahmad Nadzri, Farah Aida Omar, Normah Abdul Rahman, Rashidah Credit. Debt. Loans Malaysia Commercial credit. Commercial loans. Credit management Although individual lending is not unusual in microfinance, group lending, however, is considered as more common in this field. Through group lending, all group members are made responsible for the repayment of their loans. The group-based model financing is also viewed as effective in transferring the risk from the providers to the borrowers by imposing the social cost on the borrowers. Despite the high repayment rate recorded by the group-based microfinance institutions, there are arguments that this method of financing may lead to “social loafing”, a concept related to a reduction of an individual’s effort when working in a group. As there is limited research in this area, this study aims to explore the existence of such scenario in the largest and oldest microfinance institution in Malaysia, Amanah Ikhtiar Malaysia. Based on the observation and interviews with the members of the organization, this study found that to some extent “social loafing” does exist in Amanah Ikhtiar Malaysia. Although the situation is not common, “social loafing” is a serious issue that needs to be controlled in the organization as it is believed that it is contagious and may affect the whole organization in a long run. Universiti Teknologi MARA Cawangan Selangor 2017-06 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/29715/1/AJ_FARAH%20AIDA%20AHMAD%20NADZRI%20APMAJ%20B%2017.pdf Social loafing and loan repayment accountability in group-based microbusiness financing / Farah Aida Ahmad Nadzri, Normah Omar and Rashidah Abdul Rahman. (2017) Asia-Pacific Management Accounting Journal (APMAJ), 12 (1). pp. 1-20. ISSN 2550-1631 http://arionline.uitm.edu.my/ojs/index.php/APMAJ/article/view/675
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Credit. Debt. Loans
Malaysia
Commercial credit. Commercial loans. Credit management
spellingShingle Credit. Debt. Loans
Malaysia
Commercial credit. Commercial loans. Credit management
Ahmad Nadzri, Farah Aida
Omar, Normah
Abdul Rahman, Rashidah
Social loafing and loan repayment accountability in group-based microbusiness financing / Farah Aida Ahmad Nadzri, Normah Omar and Rashidah Abdul Rahman
description Although individual lending is not unusual in microfinance, group lending, however, is considered as more common in this field. Through group lending, all group members are made responsible for the repayment of their loans. The group-based model financing is also viewed as effective in transferring the risk from the providers to the borrowers by imposing the social cost on the borrowers. Despite the high repayment rate recorded by the group-based microfinance institutions, there are arguments that this method of financing may lead to “social loafing”, a concept related to a reduction of an individual’s effort when working in a group. As there is limited research in this area, this study aims to explore the existence of such scenario in the largest and oldest microfinance institution in Malaysia, Amanah Ikhtiar Malaysia. Based on the observation and interviews with the members of the organization, this study found that to some extent “social loafing” does exist in Amanah Ikhtiar Malaysia. Although the situation is not common, “social loafing” is a serious issue that needs to be controlled in the organization as it is believed that it is contagious and may affect the whole organization in a long run.
format Article
author Ahmad Nadzri, Farah Aida
Omar, Normah
Abdul Rahman, Rashidah
author_facet Ahmad Nadzri, Farah Aida
Omar, Normah
Abdul Rahman, Rashidah
author_sort Ahmad Nadzri, Farah Aida
title Social loafing and loan repayment accountability in group-based microbusiness financing / Farah Aida Ahmad Nadzri, Normah Omar and Rashidah Abdul Rahman
title_short Social loafing and loan repayment accountability in group-based microbusiness financing / Farah Aida Ahmad Nadzri, Normah Omar and Rashidah Abdul Rahman
title_full Social loafing and loan repayment accountability in group-based microbusiness financing / Farah Aida Ahmad Nadzri, Normah Omar and Rashidah Abdul Rahman
title_fullStr Social loafing and loan repayment accountability in group-based microbusiness financing / Farah Aida Ahmad Nadzri, Normah Omar and Rashidah Abdul Rahman
title_full_unstemmed Social loafing and loan repayment accountability in group-based microbusiness financing / Farah Aida Ahmad Nadzri, Normah Omar and Rashidah Abdul Rahman
title_sort social loafing and loan repayment accountability in group-based microbusiness financing / farah aida ahmad nadzri, normah omar and rashidah abdul rahman
publisher Universiti Teknologi MARA Cawangan Selangor
publishDate 2017
url https://ir.uitm.edu.my/id/eprint/29715/1/AJ_FARAH%20AIDA%20AHMAD%20NADZRI%20APMAJ%20B%2017.pdf
https://ir.uitm.edu.my/id/eprint/29715/
http://arionline.uitm.edu.my/ojs/index.php/APMAJ/article/view/675
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score 13.154949