How does microfinance enhance entrepreneurial outcomes in emerging economies? The mediating mechanisms of psychological and social capital
构建了一个概念框架，解释小额信贷如何通过提升客户的心理资本和社会资本，促进新兴经济体中的新创企业成立和现有企业增长，对政策制定者和小额信贷机构设计更有效的项目有参考价值。
In this article, a conceptual framework and research propositions are developed to explain how microfinance provision can translate into new venture creation and existing venture growth in an emerging economy context by engendering higher levels of psychological and social capital in clients. In doing this, the extent to which microfinance institutions provide business support and opportunities for social interaction are identified as factors which may strengthen the impact of microfinance provision on psychological and social capital, especially for poor entrepreneurs in resource-constrained settings. The conceptual framework and research propositions developed will be of use to academics in designing an agenda for future empirical research. In addition, they will help policymakers and microfinance providers to better design microfinance initiatives that enhance the well-being of clients and maximise their entrepreneurial outcomes.