Daily Collection Loans on the Living Standard of the Clients: An Evidence from Sri Lanka

International Journal of Economics and Management Studies
© 2019 by SSRG - IJEMS Journal
Volume 6 Issue 12
Year of Publication : 2019
Authors : RKD Randeni , AK Anjala
How to Cite?

RKD Randeni , AK Anjala, "Daily Collection Loans on the Living Standard of the Clients: An Evidence from Sri Lanka," SSRG International Journal of Economics and Management Studies, vol. 6,  no. 12, pp. 69-73, 2019. Crossref, https://doi.org/10.14445/23939125/IJEMS-V6I12P108


This study intended to examine the impact of microfinance daily collection loans on living standards of clients in North Central Province in Sri Lanka by using deductive approach backed by explanatory research design. The study was conducted in non- contrived setting and the unit of analysis was individual level as the study collected data from daily collection loan barrowers in North Central Province. The sample size of this study was 245 daily collection loan barrowers in NCP and the sample was selected using stratified sampling method based on district basement as Anuradhapura district
and Polonnaruwa district. Data analysis was performed by using descriptive statistics, correlation and regression analysis by using Statistical Package
for Social Sciences (SPSS) 21.0 version. According to the findings, there was a significant positive impact of daily collection loan operations on the living standard of the clients with a R squared value of 51.1%. Further, according to the findings the implications, recommendations and future research
areas are to be discussed.


Micro credit, Daily collection Loans, Living Standards, North Central Province


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