Mediation effects
| FinC1 → SC | Mediation through informal finance (FinC1) FinC1 → BP(−) = –0.261*** | Mediation through formal finance (FinC2) FinC2 → BP(−) = –0.02* | Total effect | ||||
|---|---|---|---|---|---|---|---|
| Hypothesis | Indirect effects | Total effect | Hypothesis | Indirect effects | |||
| Cognitive | −0.75 | H1c | −0.098 | −0.372 | H1d | −0.03 | −0.164 |
| Structural | −0.055* | H2c | −0.004 | H2d | −0.01 | ||
| Relational | −0.415** | H3c | −0.009 | H3d | −0.105 | ||
| FinC1 → SC | Mediation through informal finance | Mediation through formal finance (FinC2) | Total effect | ||||
|---|---|---|---|---|---|---|---|
| Hypothesis | Indirect effects | Total effect | Hypothesis | Indirect effects | |||
| Cognitive | −0.75 | −0.098 | −0.03 | −0.164 | |||
| Structural | −0.055* | −0.004 | −0.01 | ||||
| Relational | −0.415** | −0.009 | −0.105 | ||||
Note(s): *** = p value significant at 0.001; ** = p value significant at 0.05; * = p value significant at 0.1; SSC = Structural social constraints; SCoC = social-cognitive constraints and RSC = relational social constraints