The Elasticity of Demand for Microcredit: Evidence from Latin America

Microcredit demand is frequently assumed to be inelastic, yet understanding the price elasticity of demand for microcredit is highly relevant in designing appropriate microfinance institution (MFI) financial products and policy. This article extracts loan demand schedules and elasticities of MFI borrowers in the Dominican Republic using a unique survey instrument. We analyse the intensive margin of microcredit demand and find that client demand elasticities are not homogeneous and are correlated with certain borrower characteristics. Overall results suggest that these micro‐entrepreneurs, who have already entered the MFI market, have close to unit elastic demand for microcredit. The mean demand elasticity for our sample is ‐1.0.     

Over‐indebtedness and microcredit in Cambodia: Moving beyond borrower‐centric frames

Over the past two decades, Cambodia has experienced an unprecedented credit boom, a growth in lending so rapid that the International Monetary Fund (IMF) referred to it as “one of the fastest financial deepening episodes by historical cross‐cultural standards” (IMF, 2016, p. 4). This deepening has been driven by the expansion of microcredit. In tandem, over‐indebtedness has increased among microcredit borrowers, and debt has become a significant political and economic concern. This article explores how over‐indebtedness is understood and explained by stakeholders across microcredit value chains. To do so, we draw on interviews with microfinance institution (MFI) executives, investors, branch managers, partners, financial literacy trainers, loan officers and borrowers in Siem Reap and Phnom Penh. We find that across the sector, dominant framings of over‐indebtedness privilege borrower‐centric explanations, while discounting the structural drivers of excessive lending and borrowing. As a consequence, current efforts to limit over‐indebtedness are unlikely to produce the kinds of solutions that are most needed to reduce the debt stress among borrowers. These arguments have implications across the Global South, particularly for contexts where microfinance is rapidly expanding.     

Women’s microfinance participation and HIV literacy in Bangladesh: results from a nationally representative study

ABSTRACT

This study evaluated the association between microfinance participation and HIV literacy within a nationally representative sample of 3,614 married women aged 15–49 years from the Bangladesh Demographic and Health Survey, 2011. Using logistic regression, we assessed the relationship between microfinance participation and HIV literacy. Controlling for demographic factors such as wealth, age, and education, we found that microfinance participants were 30% more likely to be HIV literate, in comparison with women who did not participate in microfinance. These results suggest that microfinance is a cost-effective way to enhance HIV literacy for poor, less educated women in rural areas of Bangladesh.     

Knowledge, Attitude and Perceptions of University Students towards Educational Loans in Malaysia

National Higher Education Fund Corporation (PTPTN) loan is the major source of financing tertiary education in Malaysia. Non-repayment of the loan among university students after they have graduated becomes a major problem to the government since the total amount of loan available to the students is depended on the loan repayment. This study sought to examine the students’ knowledge and attitude regarding the loan. Three aspects of focus are knowledge, attitude and perception of students towards the loan and the repayment of the loan. This study also analyzed the legal literacy of students towards the PTPTN agreement. A total of 1,500 students of University Putra of Malaysia participated in the study and data were collected using self-administered questionnaire. The findings revealed that students have good knowledge about PTPTN loan agreement but there were a significant proportion of students with negative attitudes towards the repayment of the loan. Majority of them perceived the loan as a burden to them and it limits many options of their life after graduation.     

Adult and Adolescent Female Sex Offenders

Abstract

Female sex offenders (N = 18) were compared with male sex offenders (N = 332) and with females who were not sex offender (N = 215) on various experiences in their personal histories. Female sex offenders who were victims of sexual abuse were compared to female sex offenders who were not. The present study is part of a comprehen sive, seven-year research project described elsewhere (Miccio-Fonseca 1995, 1996). The project dealt with comparative experiences and char acteristics of adult and adolescent sex offenders, victims, and thei families. The groups in the present study were analyzed with regard to an array of variables, including psychological, medical, gynecological urological, drug, law enforcement, and homicidal and suicidal histories Other variables studied were sexual difficulties and dysfunctions, sexu al health, and life stressors.

Female and male sex offenders differed significantly on numerou psychological, life-stressor, and sexual variables. Female sex offender differed significantly from females who were not sex offenders on the same sets of variables, and they were significantly younger. Implica tions for clinical practice with this population are discussed.     

Predictors of Substance Use and Mental Health of Children of Divorce

Abstract

This short-term longitudinal study examined psycho-social influences on substance use and mental health among children of divorced parents. The sample consisted of ethnically diverse fifth and sixth grade students, and compared children of divorced parents (CODPs; N = 176), who were an average of four years post-divorce, with children of married parents (COMPs; N = 213) who had never divorced. CODPs reported more life stress, less problem-focused coping, and more substance-using friends and family members than COMPs. Further, these variables were significantly related to CODPs' greater reported substance use, aggressive behavior, and depression than COMPs cross-sectionally, and longitudinally, four months later. The results suggest the importance of including both substance use and mental health outcomes in preventive interventions for CODPs.     

The Convergence Between Outreach and Financial Performance in Mediterranean MFIs: A Panel Data Analysis

There is a long-standing debate on the relationship between outreach and financial performance in the microfinance institutions (MFIs). Although previous researches have reported contradictory results, many of these studies suffer from problems of misspecified model and/or restricted data. In this paper, we employ a static panel data analysis to empirically examine the impact of outreach on financial performance for a sample of 16 Mediterranean MFIs over the 2001–2008 period. Our evidence implies, first that the non-governmental organizations commercial viability increases with average loan size. Second, this commercial viability also increases with the number of outstanding loans per women. Finally, neither targeting the poor nor targeting women affect the repayment default.     

A Study on the Sleep Patterns and Problems of University Business Students in Hong Kong

Abstract

Objective: To investigate sleep patterns and problems of university business students. Participants: Undergraduate Chinese business students in Hong Kong. Methods: Self-reported questionnaires were completed during class lectures and through online system. Results: Of the 620 participating students (mean age 19.9 years), sleep duration was significantly shorter during weekdays (6.9 hours) than weekends (8.6 hours). Two thirds of students reported sleep deprivation. The following factors were associated with being a “poor sleeper” (Pittsburgh Sleep Quality Index > 5): attending early morning lectures (odds ratio [OR] = 1.90), living on-campus (OR = 1.89), Sleep Sufficiency Index less than 0.8 (OR = 2.55), sleep debt (differences of total time-in-bed between weekday and weekend ≥ 75 minutes) (OR = 1.58), and minor psychiatric disturbances (OR = 2.82). Conclusions: Poor sleep quality and sleep deprivation were prevalent in university business students in Hong Kong, especially for those attending early morning lectures and living on-campus. Systemic education on the importance of sleep and stress and time management is needed for university students.     

Missingness Amount and Mechanisms in Family Economic Stress Research: Mapping (Non)answers to Economic-Related Variables of Fathers,Mothers, and Emerging Adult Children

The percentage of missing data among economic-related items is likely to be particularly high. This study aimed at examining the amount, mechanisms, and variables associated with missingness of different family members participating in a family economic stress study. Portuguese emerging adults (N?=?418) and their parents (N?=?748) were required to answer objective and subjective economic items and complete measures assessing individual and family psychological functioning. Results showed that, for all participants, non-response was more likely to occur among objective economic items than among subjective ones. Children presented higher percentages of item/construct-level missingness than parents, which could reflect a reduced financial awareness on the part of these family members. Although the identification of mechanisms explaining missing data proved to be complex, family members’ missingness was associated with sociodemographic and psychological indicators, suggesting that non-answers do not occur purely by chance. Implications of these findings for further family economic stress research are discussed.

     

The Ability of Women to Repay Debt After Divorce

SUMMARY

This study uses questions on household repayment problems from the Panel Study of Income Dynamics to examine how the transition from marriage to divorce affects default rates by gender. The results show that divorced women are more likely to have repayment problems than divorced men and married-couple households. Further analysis reveals that divorced women who are receiving welfare are significantly less likely to default. Because average welfare benefits decreased in the early 1990s, the results suggest that this decrease provides a partial explanation for why the default rate increased between 1991 and 1995 for divorced women. The effect of welfare on the default rates of divorced men and married couples is insignificant. And there is no evidence that receiving child support and alimony payments significantly affects the probability of default.     

Channeling advocacy? Assessing how funding source shapes the strategies of environmental organizations

ABSTRACT

All non–governmental organizations (NGOs) rely on funding to support their work. But how does the source of funding shape the types of advocacy groups engage in? Using novel panel data collected by the Environmental Funders Network, this research examines how funding from government, foundations, business, and members shape the advocacy work of environmental NGOs (ENGOs) in the UK. Past research suggests that elite funding sources channel groups into institutional advocacy, such as lobbying or litigation, and away from public advocacy, such as protesting. This paper confirms previous research while also showing that all types of funding channel group actions. Foundation and business funding is associated with more institutional advocacy, government funding is associated with non–political advocacy such as species conservation, and member funding is associated with public advocacy. By comparing across funding types, this study demonstrates the ways in which groups are both helped and hindered by funding from different sources.     

Managing care in the community: Analysis of a training workshop

Summary

Managing mental illness in the community is an anxiety provoking business. Yet the legislative emphasis on business management and rapid re-structuring both creates anxiety in workers and carers and appears to devalue those traditional psychotherapeutic skills which facilitate the containment of anxiety. Anxieties that are put out of mind (not contained) have damaging and dangerous consequences for carers, users and members of the public.

This paper is about a ten-week workshop with the task of providing a safe, constructive setting where the anxieties generated by community care of the adult mentally ill could be identified, addressed and thought about. The developments within the workshop are analysed as the process shifts back and forth between paranoid-schizoid and depressive position modes of functioning gradually progressing towards the latter. Members gradually found the ability to combine therapeutic and business management skills so that they could regain their authority in relation to the work while retaining an openness to mental disturbance in others and in themselves. This emerged through a greater appreciation of the complex relationships that exist within communities. In this way the workshop also offered members a model of containment that could be internalised.     

Lifetime exposure to abuse,current stressors,and health in federally qualified health center patients

ABSTRACT

Purpose: The purpose of this study was to examine the impacts of lifetime exposure to abuse and current stressors on health, an integrative concept of physical, mental and social health, among patients of a Federally Qualified Health Center.

Method: The sample included 1,055 patients (male: N = 346; female: N = 709) who were at least 18 years of age and completed an assessment on their first visit between January 2015 and March 2017 at a Federally Qualified Health Center. The assessment contained subscales of the DUKE Health Profile measuring physical, mental, and social health; four questions assessing lifetime exposure to abuse; and a relational and socioeconomic stressor checklist.

Results: Results from structural equation modeling analyses showed that for both male and female groups, lifetime exposure to abuse, relational stressors and socioeconomic-related stressors were strongly associated with health. In the male group, socioeconomic-related stressors were the strongest predictor of health, while in the female group, lifetime exposure to abuse was the strongest predictor of health.

Conclusions: Understanding the relationships between health and the combined factors of a lifetime exposure to abuse, relational stressors, and socioeconomic stressors can provide insight to patient care professionals who treat patients in lower income, underserved communities. Ecological Systems Theory provides a framework to plan interventions or to prevent potential negative outcomes associated with these stressors.     

Acknowledgement and support matter: A brief report on gender identity and sexual orientation at a large,urban university

ABSTRACT

Objective. To examine reporting trends of students identifying as LGBTQIA+ following changes made to the ACHA-NCHA-II survey about gender identity and sexual orientation.

Methods. Data were analyzed from two sources for the purpose of triangulation: the ACHA-NCHA-II 2016 survey specific to our university and an electronic audience response survey.

Participants. Primary analyses included first-year students from the ACHA-NCHA-II data (N = 158; spring 2016) and the audience response survey (N = 1,452; August 2016).

Results. Five percent of students did not identify as cis-gender and 21% did not identify as straight/heterosexual. The sexual orientation trend was confirmed by the audience response survey.

Conclusions. The percentage of students identifying as LGBTQIA+ increased nationally between the ACHA-NCHA-II 2014 and 2016 survey samples, a trend which was confirmed using an independent audience response survey. This information has implications for university programming and inclusivity efforts nationwide.     

Income generation and Facts for Life communication in Vietnam

In1997, UNICEF Vietnam conducted a participatory evaluation, Pathways Forward, to assess the impact of the Income Generation and Facts for Life (FFL) Communication Project, which communicates basic health messages to women who are also participating in a revolving loan scheme. Twenty-five people from UNICEF and the Vietnam Womens Union participated in the month-long evaluation. They used a combination of case studies, interviews, surveys, and social indicators to determine the projects impact on women finishing their final loan cycle in two project communes. A second group studied the projects microcredit component in order to recommend a financial strategy for the future.Evaluators found that while the project had successfully met many of its objectives, the degree of its success varied dramatically between the two communes studied. Further, the evaluation found the projects operational capacity needed to be strengthened so as to support existing microcredit activities.Based on these findings, the Pathways evaluation recommended that UNICEF postpone any future loan disbursements and focus instead on building the projects capacity through increased staffing levels and additional training. It also recommended a number of measures be taken to strengthen FFL communication activities, including training for group leaders and simpler, locally-produced FFL materials.     

Is Pain a Significant Factor in Elder Self-Neglect?

ABSTRACT

Purpose. Pain is a worldwide health concern leading to cognitive impairments, depression, and decline in activities of daily living when poorly controlled. Self-neglect is also a serious public health issue being the most common allegation reported to Adult Protective Services (APS). The purpose of this analysis is to determine whether self-reported pain is associated with validated cases of self-neglect compared with matched controls.

Methods. This is a cross-sectional study of 80 (APS) validated cases of self-neglect aged 65 years and older and 80 control participants recruited from a geriatric clinic at Harris County Hospital District. Control participants were matched for age, race, gender, and zip code. Both groups were administered the Wong-Baker FACES rating scale and the Mini-Mental State Examination in their homes by a geriatric nurse practitioner and a research assistant.

Summary of Results. Self-reported pain was noted in 43% of the self-neglect group compared with only 28% in the control group (χ² = 3.85, df = 1, p = .05). This difference became non-significant after stratifying for MMSE scores of 19 or greater (χ² = 3.38, df = 1, p = .066). The self-neglecting elderly also reported significantly higher levels of pain compared with the matched controls (t = 2.5, df = 143, p = .014). This mean difference remained significant after stratifying by MMSE scores of 19 or greater (t = 2.6, df = 124, p = .009).

Conclusion. The data provide preliminary support for the relationship between self-reported pain and elder self-neglect. Research is needed to determine whether pain is a causal or associated factor in self-neglect and whether therapeutic intervention can improve the syndrome of self-neglect.     

Predicting Child Physical Abuse Recurrence: Comparison of a Neural Network to Logistic Regression

ABSTRACT

The present study explored the potential of an artificial neural network to improve prediction of recurrences of child physical abuse. Conducted on electronic data file compiled by the U.S. Air Force's central registry of child abuse reports, selected variables pertaining to all child physical abuse reports received from 1990–2000 (N = 5,612) were examined. Thirteen predictor variables and five interaction terms were identified for analysis. The neural network ultimately did not outperform an alternative method, binary logistic regression.     

Why Extended Time on Newstart is Unsuitable for Aboriginal and Torres Strait Islander Australians Living with a Disability

ABSTRACT

Many Australians living with a disability find themselves recipients of Newstart Allowance when applying for the Disability Support Pension (DSP). Newstart Allowance is designed as a short-term payment for people looking for work, with a lower fortnightly payment and limited medical and transport subsidies compared to the DSP. This paper describes the financial challenges of living with a disability while on Newstart Allowance. With a focus on the experiences of Aboriginal and Torres Strait Islander (Indigenous) Australians from two regional towns, qualitative semistructured interviews and focus groups documented experiences of 39 community members and 21 medical and nonmedical service providers supporting clients living with a disability on Newstart Allowance. Four themes were identified: (i) living with severe financial hardship, (ii) challenges complying with the DSP application, (iii) being financially penalised for not complying with Newstart Allowance conditions, and (iv) supporting community members to manage severe financial stress. Although people living with a disability on Newstart were experiencing severe hardship and poverty, there was limited participation of Centrelink-employed social workers within their described experiences with Centrelink. We argue that social workers can work to humanise human service settings and potentially help to mitigate these financial challenges.

IMPLICATIONS

• Indigenous Australians living with a disability experience severe disadvantage and poverty while living on Newstart Allowance.

• Social workers must be easily accessible at Centrelink customer service centres and to Newstart Allowance recipients to help coordinate service engagement.

• Newstart Allowance should be increased to ensure recipients can respond to cost of living pressures.

     

Russian Influenza in Two University Communities

Abstract

The H1N1 influenza A virus (A/USSR/90/77) appeared first in China, then spread to the United States in January 1978, causing significant outbreaks of influenza among younger age groups. Because college students were particularly affected, epidemiologic investigations were done to define the impact of illness on university populations.

We describe influenza outbreaks involving two college campuses (the Universities of Michigan and Colorado). At both schools, illness attack rates were significantly higher for students than for older faculty and staff members. At the two respective campuses, 25 and 36% of those ill who were surveyed sought medical care. Bed confinement averaged 3.8 days at one school (Michigan). At the other school (Colorado), ill students missed an average of 2.8 days of class. Influenza A (H1N1) virus was isolated from specimens from acutely ill students at both campuses.

These investigations illustrate the practical usefulness of college campuses as sites for monitoring the activity of influenza and other acute respiratory diseases.     

Creating Ethnicity: East European Jews and Lithuanian Immigrants in Chicago

Abstract

By focusing on East European Jewish and Lithuanian ethnic groups in the United States, this paper offers a three stage model for understanding the process by which assimilating groups create their ethnicity: Stage One, ethnic community and participatory organizations; Stage Two, individual perpetuation and representational organizations; Stage Three, informal behavior and residual symbols. The model considers the impact of both cultural and structural variables, instead of treating them as rival claimants to primacy. In applying the model to data gathered in the groups' Chicago communities, we found that despite particular divergencies, both groups presented a similar response to the United States, enabling their members to maintain a dual ethnic identity beyond the tightly-knit ghetto and urban village.