Table 5

Results of hypotheses testing

Hypothesized pathPath coeffSEt-valuep-value2.5% LL97.5% UL
MA → FE → SW0.1730.0371.9590.0050.0000.147
FE → SW0.1250.0622.0090.0450.0000.243
FE → MA0.5870.04513.0230.0000.4830.664
MA → SW0.6490.04016.0790.0000.5580.719

Note(s): ***p < 0.0001; **p < 0.05; Legends: MA – microfinance lending; FE – financial experience; SW – continued existence

Source(s): Authors’ own work

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