You can use either binary logistic regression or binary probit but also you need discrete or continuous quantitative variables to be able to increase the estimation gain of your econometric analysis because qualitative variables provide little explanation in economic and statistical phenomena. , so I recommend that you add some quantitative variables.

Dear Kencho Tshering

good contribution. Thanks for sharing,

studies on financial solutions for microcredit are always very useful to regional communities!

Microfinance is financial capital but if it is to apply the Sustainable Livelihoods approach and its framework the study will also need to investigate the four other types of assets, perhaps exploring combinations thereof. In relation to financial capital, for example, there might be a need to inquire whether microfinance per se is sufficient or if it might need to be enhanced by social capital investments in the form of financial literacy programs that promote awareness of access to formal financial services and a culture of savings and responsible personal financial management.

Thank u Mr Osmar Antonio Bonzanini, but what are the countries or communities do you think they are pioneer on microfinance, and should the others benefit from their experiences?

Aribi Asma

I have as an example my country and specifically the micro-region where I live: we have a cooperative bank that, by financing small producers, turned us into a hub for the production of milk, chickens and swine. In addition, we have small factories for clothing and food products derived from meat and vegetable fairs.

Also, with microcredit, we are starting to make wine, with the production of grapes in a place where nothing had been planted before.

This is the scenario I am following.

Cheers!

Mr Osmar Antonio Bonzanini,

That's interesting, good luck

I'm working on microfinance'topic and its role to achieve local development in my PhD thesis, and I'm looking for successful experiences to cite in it.

Dear Aribi Asma

I wish you success in your thesis.

expanding the information, in this cooperative I mentioned there are specific programs for women.

In the north of Portugal, where I did my doctorate, I remember that there are similar programs, with microcredit for small companies.

Cheers!

@ Tiémoko Soumaoro thank you so much for your response sir. could you further elaborate and help me explaining in what does adding quantitative variables means.

Osmar Antonio Bonzanini thank you so much sir. microfinance is a new phenomena in my country and is rapidly growing but the effect on women is yet to be known.

Kencho Tshering This is great!

As a suggestion: Look for the studies of the profa. Dr. Carla Marques from UTAD - Portugal. When I did my doctorate there, between 2011 and 2016, she studied women's entrepreneurship.