Factors That Influence The Success Of Entrepreneurs : The Case Of Amanah Ikhtiar Malaysia (AIM) Program

Nor Hashim, Nur Atiqah (2014) Factors That Influence The Success Of Entrepreneurs : The Case Of Amanah Ikhtiar Malaysia (AIM) Program. Project Report. UTeM, Melaka, Malaysia. (Submitted)

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Abstract

Entrepreneurs can significantly contribute in poverty reduction, mobilization of entrepreneurial initiative, autonomy and in accelerating the achievement of wider socio-economic objective. With the right skills and mind-set, everyone can be an excellent entrepreneur. Amanah Ikhtiar Malaysia (AIM) is one of microcredit institution that provide loan to entrepreneur. The Ikhtiar Loan Scheme (ILS) of the AIM is the programmes that design to reduce poverty in Malaysia in their respective ways through their own mechanism. The objectives of this research are to investigate the relationship between the factors towards the successful of entrepreneurs and to identify the most success factors that contribute the successful of entrepreneurs and to in AIM program. The research used a quantitative research method. Data were collected through questionnaires. The sample of this research comprises 100 entrepreneurs who joined the scheme of AIM in Perak. The data were subjected to rigorous content analysis through open, axial, selective and conditional coding. The method of data analysis will measure by using descriptive analysis (SPSS), correlation analysis and regression analysis. This research was founded the elements of financial resources, education, experience and government support (IV) was contributed to the successful entrepreneurs (DV) in AIM program. It is proved by the data analysis using correlation and regression that the education (r = 0.872, r2 = 0.761) more significance element towards the successful entrepreneurs, followed by financial resources (r = 0.863, r2 = 0.745), experience (r = 0.854, r2 = 0.729) and government support (r = 0.816, r2 = 0.666). Indirectly, this study has also achieved two objectives.

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