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Tobit Analysis of Factors Influencing Loan Repayment Performance: A Case Study of Lift Above Poverty Organization (LAPO) Micro-Credit Agency in Nigeria
Olatomide Waheed Olowa,
Omowumi Ayodele Olowa
Issue:
Volume 3, Issue 6, December 2017
Pages:
58-64
Received:
28 January 2017
Accepted:
13 February 2017
Published:
13 November 2017
Abstract: The Microfinance system in Nigeria and many sub-Sahara countries has suffered serious setback due to poor loan repayment. This study attempt at assessing the loan-repayment performance of Lift Above Poverty Organization (LAPO). LAPO in Nigeria was chosen to be investigated because of its profile of attaining one million borrowers and disbursement of one billion dollars in micro-credits to smallholders. Secondary data on LAPO micro-credits from different sources from 1990 to 2014 were analyzed using Simple descriptive statistics such as percentages, mean, t-tests and regression techniques. The results of the analyses showed at 0.92 repayment rate and 0.08 default rate, LAPO enjoys high level of repayment and a low default rate. As further shown by the results, this is spurred by the borrower experience, positive effects of the volume of loans borrowed, number of borrowers, number of credit agency staff, and volume of loans repaid. Incentive-driven system and further administrative re-engineering towards enhancing repayment performance is recommended.
Abstract: The Microfinance system in Nigeria and many sub-Sahara countries has suffered serious setback due to poor loan repayment. This study attempt at assessing the loan-repayment performance of Lift Above Poverty Organization (LAPO). LAPO in Nigeria was chosen to be investigated because of its profile of attaining one million borrowers and disbursement o...
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Πgβ-connectedness in Intuitionistic Fuzzy Topological Spaces
T. Jenitha Premalatha,
S. Jothimani
Issue:
Volume 3, Issue 6, December 2017
Pages:
65-70
Received:
5 October 2017
Accepted:
25 October 2017
Published:
23 November 2017
Abstract: The paper aspires to discuss the basic properties of connected spaces. Also the concept of types of intuitionistic fuzzy πgβ-connected and disconnected in intuitionistic fuzzy topological spaces are introduced and studied. The research paper of topological properties is introducedby making the idea of being connected. It turns out to be easier to think about the property that is the negation of connectedness, namely the property of disconnectedness and separable. Also the concepts of intuitionistic fuzzy πgβC5-connectedness, intuitionistic fuzzy πgβCS-connectedness, intuitionistic fuzzy πgβCM-connectedness, intuitionistic fuzzy πgβ-strongly connectedness, intuitionistic fuzzyπ β-super connectedness and obtain several properties and some characterizations concerning connectedness in these spaces are explored.
Abstract: The paper aspires to discuss the basic properties of connected spaces. Also the concept of types of intuitionistic fuzzy πgβ-connected and disconnected in intuitionistic fuzzy topological spaces are introduced and studied. The research paper of topological properties is introducedby making the idea of being connected. It turns out to be easier to t...
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D-Effect Algebra can Be Made into a D-Total Algebra
Ahmed Allam,
Nabila Mikhaeel,
Huda Merdach
Issue:
Volume 3, Issue 6, December 2017
Pages:
71-76
Received:
11 April 2017
Accepted:
20 May 2017
Published:
28 November 2017
Abstract: In this paper we prove that every D-effect algebra (E, ∆, 0, 1) can be made into a D-total algebra (E, ⍍, ¬, 1) in such a way that two elements are compatible in (E, ∆, 0, 1) if and only if they commute in(E, ⍍, ¬, 1) where x ∆ y =(x' + y')'.
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Hermite-Hadamard Type Fuzzy Inequalities based on s-Convex Function in the Second Sense
Issue:
Volume 3, Issue 6, December 2017
Pages:
77-82
Received:
27 October 2017
Accepted:
14 November 2017
Published:
5 December 2017
Abstract: Integral inequalities have important applications in propability and engineering field. Sugeno integral is an important fuzzy integral in fuzzy theory, which has many applications in various fields. The object of this paper is to develop some new integral inequalities for Sugeno integral. Based on classical Hermite-Hadamard type inequality, this paper intends to extend it for the Sugeno integral. Some new Hermite-Hadamard type inequalities are derived for Sugeno integral based on s-convex function in the second sense. An example is used to illustrate the effectiveness of the new inequalities.
Abstract: Integral inequalities have important applications in propability and engineering field. Sugeno integral is an important fuzzy integral in fuzzy theory, which has many applications in various fields. The object of this paper is to develop some new integral inequalities for Sugeno integral. Based on classical Hermite-Hadamard type inequality, this pa...
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