LAKASABrowsing by Author "Gallardo, Aeron F."

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Microfinance utilization and entrepreneurial success of Women Stall Owners in Agoo public market
(Don Mariano Marcos Memorial State University – Mid La Union Campus, 2026-04) Cabañesas, Raina Lorraine C.; Gallardo, Aeron F.; Natividad, Earl Ryan P.; Ramirez, Joshua E.; Sanchez, Januario A., III; Parrocha, Maricel C.; Gacayan, Daniel B.; Bayani, Keneth G.; Siong, Venus D.; Quinitip, Tiffany Ruth R.
Microfinance plays a significant role in supporting small businesses by offering financial services to individuals who have limited access to traditional banking institutions. The purpose of this study was to ascertain the relationship between microfinance utilization and entrepreneurial success of women stall owners in Agoo, La Union Public Market. A cross-sectional survey and descriptive-correlational design were used, with data collected from 65 women stall owners through a structured questionnaire and analyzed using frequency, percentage, and Spearman’s rho. Findings revealed that women stall owners highly utilized microfinance services to support business operations and demonstrated a satisfactory level of entrepreneurial success in terms of profitability, liquidity, and stability. However, the findings showed no relationship between microfinance utilization and entrepreneurial success, suggesting that financial management skills, business strategies, and market conditions are important in achieving success.