Browsing by Author "Malinga Akol, Charles"

Now showing 1 - 4 of 4
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    Analyzing the relationship between institutional frameworks and financial inclusion in rural Uganda: A social network perspective
    (International Journal of Emerging Markets, 2018) Candiya Bongomin Okello, George; Munene, John C.; Mpeera Ntayi, Joseph; Malinga Akol, Charles
    The purpose of this paper is to report the findings on the mediating effect of social network in the relationship between institutional frameworks and financial inclusion in rural Uganda. Design/Methodology/Approach – The study adopts a cross-sectional research design to collect data used to test for mediation under this study. Structural equation model (SEM) through use of Bootstrap in AMOS (analysis of moment structures) was adopted to establish existence and type of mediation by social network in the relationship between institutional frameworks and financial inclusion. Results – Social network had a partial mediating effect through institutional frameworks on financial inclusion. In addition, institutional frameworks through its regulative, normative, and cultural-cognitive pillars also have a significant direct effect on financial inclusion. Besides, social networks had a significant effect on financial inclusion. This suggests that there exist both a direct effect of institutional frameworks on financial inclusion and an indirect effect of institutional frameworks through social network on financial inclusion. Research limitations/shortcomings – While the sample for this study was big enough, it limited itself to only poor households in rural Uganda. Besides, the current study adopted cross-sectional design, thus, leaving out longitudinal design to investigate the characteristics in our sample over time. Originality/Value – The study recommends that social network, which acts as a conduit through which useful information flow and can be shared, play a critical role in mediating in the relationship between institutional frameworks and financial inclusion in rural Uganda. Therefore, our study contributes to existing body of literature by highlighting the mediating influence of social network in the relationship between institutional frameworks and financial inclusion, especially in rural Uganda. Contribution – The study makes significant empirical contribution and implications to financial inclusion policy makers on evidence of the critical role played by social network in indirectly enhancing the relationship between institutional frameworks and financial inclusion of the poor who are vulnerable to exclusion by main stream financial services providers.
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    Financial inclusion in rural Uganda: The role of social capital and generational values
    (Cogent Business & Management, 2017) Okello Candiya Bongomin, George; Munene, John C.; Ntayi Mpeera, Joseph; Malinga Akol, Charles
    The purpose of this paper was to examine how variations in social capital across generations promote financial inclusion among the poor in rural Uganda. Data were collected from a sample of 200 poor households located in Mukono district and processed using ordinary least square regression and ANOVA to examine how variations in social capital across generations promote financial inclusion of the poor in rural Uganda. The results generated indicate that variations in social capital components across generations significantly and positively affect financial inclusion of the poor in rural Uganda. The paper makes a significant contribution to existing body of literature by showing that variations in social capital across generations can cause an effect in financial inclusion of the poor, especially in rural Uganda. Managers of financial institutions should consider generational values in promoting financial inclusion. Specifically, they should design social financial products and services that can boost collective action in order to promote financial inclusion of the poor, especially in rural Uganda.
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    Financial inclusion in rural Uganda: The role of social capital and generational values
    (Cogent Business & Management, 2017) Okello Candiya Bongomin, George; Munene, John C.; Ntayi Mpeera, Joseph; Malinga Akol, Charles
    The purpose of this paper was to examine how variations in social capital across generations promote financial inclusion among the poor in rural Uganda. Data were collected from a sample of 200 poor households located in Mukono district and processed using ordinary least square regression and ANOVA to examine how variations in social capital across generations promote financial inclusion of the poor in rural Uganda. The results generated indicate that variations in social capital components across generations significantly and positively affect financial inclusion of the poor in rural Uganda. The paper makes a significant contribution to existing body of literature by showing that variations in social capital across generations can cause an effect in financial inclusion of the poor, especially in rural Uganda. Managers of financial institutions should consider generational values in promoting financial inclusion. Specifically, they should design social financial products and services that can boost collective action in order to promote financial inclusion of the poor, especially in rural Uganda.
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    Financial intermediation and financial inclusion of poor households: Mediating role of social networks in rural Uganda
    (Cogent Economics & Finance, 2017) Okello Candiya Bongomin, George; Mpeera Ntayi, Joseph; Munene, John C.; Malinga Akol, Charles
    The paper examined the mediating role of social networks in the relationship between financial intermediation and financial inclusion of poor households in rural Uganda. The paper used SPSS (statistical package for social scientist) and applied MedGraph program (Excel version 13), Sobel test, and Kenny & Baron guideline to test for the mediating role of social networks in the relationship between financial intermediation and financial inclusion. Quantitative data were collected from a total sample of 400 poor households living in rural Uganda who were randomly selected for this study. The findings revealed that social networks partially mediate in the relationship between financial intermediation and financial inclusion of poor households in rural Uganda. Besides, social networks and financial intermediation have significant and positive impacts on financial inclusion of poor households in rural Uganda. This implies that some effects of financial intermediation on financial inclusion go through social networks to cause an impact on financial inclusion of poor households in rural Uganda. Therefore, financial institutions such as banks and microfinance institutions should develop financial products and services that promote social networking among poor households in rural Uganda. In addition, they should advocate for participation by poor households in existing village associations and social organizations so as to develop wide social networks. This will help them to gain access to scarce and vital information about available financial services like credit.