A study on: the impact of micro credit financing package to the human capital and thus the socioeconomic level of the participants / Wan Farahidda Wan Mohamed

Poverty is the problem occurs all around the world. It also includes our country, Malaysia. There are many ways taken by our government to reduce the poverty. One of the approaches is through the micro credit financing package. In Malaysia, Amanah Ikhtiar Malaysia (AIM) is one of the organizations that provide micro credit financing. Through this organization, there are not only the credits provided but it more than that such as of increasing level of human capital among the participants. About 150 respondents were selected in three districts in kelantan which is, Kota Bharu, Machang and Bachok. The findings show that there is no relationship between the three variables. The micro credit financing scheme are not really effect the level of human capital of the respondents. The micro credit financing scheme only affect the improvement of socioeconomic level of the participants in term of household income. It shows that micro credit financing scheme only can improve the socioeconomic level of the participants rather that their level of human capital.