| (1) | (2) | (3) |
VARIABLES | Marginal effects | Probit coefficients | OLS coefficients |
COLLATERAL SECURITY | −0.0606 | −0.353 | −0.0259 |
| (0.131) | (0.768) | (0.137) |
INTEREST RATE | −0.199 | −1.160 | −0.136 |
| (0.122) | (0.763) | (0.133) |
MANAGER’S EXPERIENCE | 0.0116** | 0.0676** | 0.00966* |
| (0.00487) | (0.0319) | (0.00567) |
CORRUPTION | −0.133 | −0.777 | −0.0811 |
| (0.118) | (0.720) | (0.170) |
POLITICAL INSTABILITY | −0.275*** | −1.604** | −0.240* |
| (0.105) | (0.723) | (0.122) |
TAX RATES | 0.105*** | 0.613** | 0.0818 |
| (0.0394) | (0.279) | (0.0498) |
PARTNERSHIP | −0.475** | −2.768** | −0.337 |
| (0.207) | (1.401) | (0.349) |
JOINT STOCK | −0.596*** | −3.475** | −0.457* |
| (0.183) | (1.375) | (0.246) |
SIZE OF LOAN | −0.0722*** | −0.421** | −0.0603** |
| (0.0235) | (0.170) | (0.0226) |
GENDER (1 IF MALE AND 0 IF NOT) | −0.263** | −1.535* | −0.305 |
| (0.120) | (0.802) | (0.203) |
REGISTRATION | 0.168 | 0.978 | 0.0424 |
| (0.199) | (1.175) | (0.163)4 |
LOAN BEFORE | −0.0145 | −0.0845 | −0.0200 |
| (0.0941) | (0.550) | (0.116) |
INADIQUATE EDUCATED LABOUR | 0.150*** | 0.874*** | 0.122** |
| (0.0452) | (0.338) | (0.0528) |
SOLEPROPRITOR | 0.292** | 1.703* | 0.249 |
| (0.146) | (0.944) | (0.250) |
CONSTANT |
| 10.75*** | 2.120*** |
|
| (4.040) | (0.594) |
OBSERVATIONS | 361 | 361 | 361 |
R-squared |
|
| 0.350 |