Table 2

Discriminant validity based on Fornell–Larcker criterion

Latent constructs and manifest variablesFinancial ExpMicrofinance lendingContinued existence
Financial Exp0.887***  
Microfinance lending0.587***0.725*** 
Continued existence0.462***0.649***0.884***

Note(s): ***p < 0.0001; Legends: Financial Exp – financial experience

Source(s): Authors’ own work

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