Browsing by Author "Raajaratnam, S."

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    Analysis of Personalized Determinants of Paying Back Loans by Poor with Special Reference to Kotmale DS Division, Nuware Eliya District
    (Uva Wellassa University of Srilanka, 2011) Raajaratnam, S.; Deyshappriya, N.P.R.
    Due to the poverty all over the world, it influences in borrowing loans and paying back loans. Past research articles have identified that the poverty level is higher in rural sectors and estate sectors and as a result of that poor people tend to borrow loans so as to fulfill their needs. However, it has been identified that they have been facing difficulties in paying back their loans due to several reasons. Individuals' personalized determinants influence in different degrees when they pay back their loans. Therefore, this research study aimed to identify whether there is a relationship between personalized determinants and paying back loans. In this research study Income, Expenditure, Age, Gender, Employment sector, Education, House hold size are considered as personalized determinants. There is no any research study found in this area of research in Sri Lanka. Therefore, this research study fulfills the gap by identifying whether there is a significant effect of personalized determinants of paying back loans or not. The objectives of this study were to identify the relationship between personalized determinants and paying back loans by poor people and to identify the difficulties facing by poor people when they pay back their loans.