Microfinance And Entrepreneurial Growth in Private Educational Institutions in The District of Carabayllo, Lima, 2020
Keywords:
Microfinance, business growth, microcredit, microloans and private educational institutions.Abstract
The study aimed to determine the relationship between microfinance and business growth in private educational institutions in Carabayllo, Lima, 2020. Regarding methodology, the study presented a basic quantitative approach with a descriptivecorrelational non-experimental design. The study sample consisted of 40 private educational institutions in the district of Carabayllo, mainly in the Santo Domingo area. The survey was used as a data collection technique, and two questionnaires were used to obtain data on the variables. The data collection instrument was validated using the expert judgment method, which agreed to its application. Its reliability was determined by Cronbach's Alpha, whose value was 0.926 for Microfinance and 0.848 for business growth. Finally, the results were presented through descriptive and inferential tables and Spearman's rho correlation coefficient. The results showed a correlation between microfinance and business growth with a rho = 0.000.