CHAPTER III

RESEARCH METHODOLOGY

This chapter presents the research methodology that the

researchers utilized in this study. It includes the research design, research

respondents, research instruments, research procedure and statistical

treatment.

Research Design

This study used the descriptive-quantitative design to find out the

impact of microfinance institutions on the business operation of market

vendors.

Research Respondents

The respondents of this study were all 112 market vendors of

Kidapawan City, Mega Market.

Research Instrument

The researchers used a survey questionnaire to obtain the data from

the respondents. The content of the said questionnaire is as follows: Part

I described the respondents profile; Part II described the respondents

business profile. This items in the questionnaire were modified from the

study of Taha (2012); Part III determined the microfinance institutions

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contribution to the business operation of the respondents in terms of

profitability and productivity (Kyale & Siyad, 2013); Part IV determined the

expectation of the vendors on market vending (Kebede, 2011); Part V

determined the challenges encountered by the market vendors on market

vending (Kebede, 2011); Part VI determined the overall perception of

market vendors (Kebede, 2011).

In answering the questionnaire Part III, the respondents were asked

to rate the items using a five-point scale: 5 strongly agree, 4 agree, 3

neutral, 2 disagree, 1 strongly disagree. In answering the questionnaire

Part V, the respondents were asked to rate the items using a six-point

scale: 5 very serious, 4 serious, 3 average, 2 less serious, 1 not

serious, 0 doesnt exist.

Research Procedure

The researchers undertook the following steps in gathering the data.

The researchers constructed their survey questionnaire that focused on

the profile of the respondents; business profile; extent of microfinance

institutions contribution on the business operation of the respondent;

expectation of the vendor on market vending; challenges encountered by

the respondents on market vending; and overall perception of respondents

on market vending.
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The questionnaire was validated. Then, the researchers distributed

the survey questionnaires to the respondents and retrieved afterwards.

Lastly, the data were interpreted and presented in this study.

Statistical Treatment

All data were analyzed using the Statistical Package for Social

Science (SPSS). Descriptive statistics were employed such as frequency

distribution and percentage for the respondents profile, and business

profile. The mean was utilized to determine the extent of microfinance

institutions on the business operation of the respondents in terms of

profitability and productivity and to determine the challenges encountered

by the respondents. Analysis of Variance (ANOVA) was utilized to

determine the significant difference on the extent of microfinance

institutions contribution on business operation when analyzed according

to the business profile.