TITLE:
The Role of Islamic Microfinance Institution in Women Micro-Entrepreneurs Sustainability during Covid-19 in Johor
AUTHORS:
Xi Ting Liew, Mohd Effandi Bin Yusoff
KEYWORDS:
Women Entrepreneurship, Business Sustainability, COVID-19 Pandemic, Islamic Microfinance Institution, Resource-Based View Theory
JOURNAL NAME:
Open Journal of Business and Management,
Vol.11 No.5,
September
19,
2023
ABSTRACT: The COVID-19 pandemic, a global
health crisis, has had a severe negative impact on society and economy
globally. All businesses activities are unable to conduct except the essential
services and natural resource sectors. Micro-entrepreneurs impact the most where
their business size and scale is relatively small. Therefore, the objective of
this study is to investigate the support provided by Islamic microfinance
institutions towards women micro-entre- preneurs sustainability during COVID-19 in Johor. This study is conducted
using a qualitative approach that is cantered around the perspectives of participants. A small sample size is used to explore a particular issue in depth. A semi structured interview
and case study with 12 women micro-entrepreneurs from the food and
beverages sector under Islamic microfinance institution, Amanah Ikhtiar
Malaysia (AIM) in Johor is carried out. The result shows that Islamic microfinance institutions play an
important role in supporting women micro-entrepreneurs sustainability during
COVID-19. This study would contribute towards better practice for policy makers
with recommendations provided by participants.