An Analysis of the Socio-Economic Characteristics Conditioning the Use of Business Loans by Members of the Calamba Parish Development Cooperative

Date

1-2025

Degree

Bachelor of Science in Economics

College

College of Economics and Management (CEM)

Adviser/Committee Chair

Ma. Janda Ira Felina M. Benedictos

Committee Member

Ma. Luisa G. Valera, Gideon P. Carnaje, Ma. Angeles O. Catelo

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Abstract

According to the Bangko Sentral ng Pilipinas (BSP) 2021 financial inclusion survey, the number of Filipino adults with outstanding loans increased by 12%. A salient point in the data is the growth of cooperatives as a source of borrowing in the Philippines. However, the literature on financial inclusion has extensively explored supply-side factors (Llanto, 2015). Therefore, this study shifts the focus to the demand side. The study aims to provide valuable insights into the socio-economic characteristics of the members of the Calamba Parish Development Cooperative that influence their use of financial services. It also seeks to identify the potential factors affecting business loan availment and loan amounts through cooperative microfinance in Calamba City. To achieve the research objectives, self- administered questionnaires were distributed to the members of the Calamba Parish Development Cooperative. The responses were analyzed using descriptive statistical methods and Multiple Linear Regression.

Descriptive statistics revealed that the majority of loan availers are women entrepreneurs engaged in wholesale and retail. Female respondents further reported that the majority availed of business loans, followed by home renovation loans. In addition, household heads who primarily join to obtain cooperative benefits are the main business loan availers. Furthermore, the data suggest that, despite having alternative borrowing options, most individuals still prefer to obtain loans from the cooperative.

The use of Multiple Linear Regression revealed that longevity (p < 0.10), access to other FSPs (p < 0.05), and repayment period (p < 0.01) significantly influence the loan amount availed by the members of the CPDC.

The study's findings can enhance the quality of research on cooperative studies as a tool for financial inclusion.

Language

English

LC Subject

Loans, Cooperative societies, Financial services industry

Location

UPLB College of Economics and Management (CEM)

Call Number

LG 993.5 2025 E2 S67

Notes

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Document Type

Thesis

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