Table 2

Correlation matrix

SizeCo-fundingBankcMobinkCreditMobileMobile2SexInformalNum of buAgeRegistration.Prof.
Size1.000            
Co-funding0.0622**1.000           
Bankc0.0571*0.4801***1.000          
Mobink0.03290.6174***0.1959***1.000         
Credit0.03680.3586***0.1560***0.1945***1.000        
Mobile0.0855***0.2805***−0.0471*0.1838***0.0512*1.000       
Mobile20.1070***0.5315***0.1908***0.2910***0.2531***0.2461***1.000      
Sex−0.1103***0.00260.0102−0.04010.03300.0198−0.02561.000     
Informal Inc0.0557*−0.2132***−0.2245***−0.0829***−0.1127***0.0873***−0.0768***−0.0589**1.000    
Num of Busin−0.0481−0.0215−0.01680.02830.0839***−0.0656**−0.02940.0636**−0.1290***1.000   
Age0.0955***0.0187−0.1049***0.0133−0.0565**0.0513*−0.02230.01350.1389***0.2042***1.000  
Registration0.2297***0.1490***0.02900.1494***0.0486*0.0870***0.1042***−0.0707***−0.00840.2299***0.1617***1.000 
Profitability0.1617***0.0707**0.03140.0627**0.0966**0.1113***0.0798***−0.0971***0.0517*−0.0503*0.1076***0.1438***1.000
Source(s): Authors’ (2025)

or Create an Account

Close Modal
Close Modal