Table 7

Reliability and validity

QuestionsFactor loadingCronbach's alphaComposite reliability (CR)Average variance extracted (AVE)VIF
CBP1: To what extent are you satisfied with your sale and profit growth of the business0.88   2.05
CBP2: To what extent are you satisfied with your business performance relative to competitors0.860.830.900.741.98
CBP3: To what extent are you satisfied with overall business performance0.85   1.73
LCT1: The amount of loan is sufficient0.88   2.13
LCT2: The rate of interest is reasonable and affordable0.940.900.940.844.76
LCT3: The schedule for loan repayment is reasonable0.93   4.37
LRP1: My repayment is getting better0.90   2.43
LRP2: I repay my debt regularly0.880.880.920.802.28
LRP3: My income from the business is sufficient to repay the loan as per the agreement0.90   2.41
SC1: A frequent communication and interaction between borrowers and MFIs0.89   2.37
SC2: A frequent interaction in the workshop organized by MFIs0.890.860.920.782.11
SC3: Borrowers and MFI are honest and truthful concerning loan agreements0.88   2.17

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