https://learning-gate.org/index.php/2641-0265/issue/feed 2025-04-24T17:02:55+00:00 admin admin@learning-gate.com Open Journal Systems <p>It is an online journal for the business, economics and finance. <br /><strong>Impact</strong><br />0.12 Impact Factor (<a href="https://citec.repec.org/s/2023/ajpjcrbef.html" target="_blank" rel="noopener">CitEc</a>)<br />0.857 2yr mean citedness (<a href="https://openalex.org/sources/s4210190622" target="_blank" rel="noopener">OpenAlex</a>)</p> <p>Article Publishing Charge : <strong>100 USD</strong></p> <p> </p> https://learning-gate.org/index.php/2641-0265/article/view/6558 2025-04-24T17:02:55+00:00 Louis Atamja louisatamja@gmail.com Sungjoon Yoo Yooadd@gmail.com Dongjoo Lee Leeadd@gmail.com

<p>The purpose of this study is to comparatively assess the impact of formal and informal finance on rural household welfare in the Mezam division of the Northwest region of Cameroon. A probit regression model was used to examine the determinants of households’ credit access, while a Propensity Score Matching and an Endogenous Switching Regression model were used to analyze the impact of formal and informal finance on household welfare. The results from the probit regression model indicate the importance of occupation, extension services, and household participants in accessing credit. On the other hand, a prediction from the propensity score matching and endogenous switching regression model confirms that access to either formal or informal finance has an impact on welfare, with informal finance having a positive and significant impact.</p>

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