Results of hypotheses testing
| Hypothesized path | Path coeff | SE | t-value | p-value | 2.5% LL | 97.5% UL |
|---|---|---|---|---|---|---|
| MA → FE → SW | 0.173 | 0.037 | 1.959 | 0.005 | 0.000 | 0.147 |
| FE → SW | 0.125 | 0.062 | 2.009 | 0.045 | 0.000 | 0.243 |
| FE → MA | 0.587 | 0.045 | 13.023 | 0.000 | 0.483 | 0.664 |
| MA → SW | 0.649 | 0.040 | 16.079 | 0.000 | 0.558 | 0.719 |
| Hypothesized path | Path coeff | 2.5% LL | 97.5% UL | |||
|---|---|---|---|---|---|---|
| MA → FE → SW | 0.173 | 0.037 | 1.959 | 0.005 | 0.000 | 0.147 |
| FE → SW | 0.125 | 0.062 | 2.009 | 0.045 | 0.000 | 0.243 |
| FE → MA | 0.587 | 0.045 | 13.023 | 0.000 | 0.483 | 0.664 |
| MA → SW | 0.649 | 0.040 | 16.079 | 0.000 | 0.558 | 0.719 |
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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