LAKASABrowsing by Author "Caluza, Ellen Joy C."

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Financial management practices and productivity of microfinance institutions in Bauang, La Union
(Don Mariano Marcos Memorial State University – Mid La Union Campus, 2023-05) Estacio, Patricia T.; Caluza, Ellen Joy C.; Deguzman, Jessa Mae R.; Orpilla, Jester C.; Tenerife, Julie Ann E.; Novencido, Rosa M.; Bayani, Keneth G.; Gacayan, Daniel B.; Siong, Venus D.; Quinitip, Tiffany Ruth R.
Microfinance institutions provide people an opportunity to become self-sufficient by providing financial services such as business, agricultural and educational loans. The study was conducted to determine the profile, financial management practices, and productivity of microfinance institutions, and the relationship between their financial management practices and productivity. Data from 14-microfinance institutions were gathered using a validated questionnaire and were analyzed using frequency counts, percentages, median, and Spearman’s Rho. The respondents always practiced their financial management and are very highly productive. Findings revealed that only credit processing under financial management practices has a relationship with productivity in terms of loan services and credit operations.