Table 4.
Logit estimates for factors affecting non-performing financing.
| Independent variable | Coefficient | Standard Error | Wald Statistic | Marginal Effect |
|---|---|---|---|---|
| Age | -0.0829** | 0.0049 | -2.30 | -0.0122 |
| Gender | 1.1191** | 0.0664 | 2.28 | 0.1643 |
| Education level | 0.9084 | 0.1167 | 1.13 | 0.1334 |
| Type of occupation | -1.9154** | 0.1226 | -2.18 | -0.2813 |
| Distance | 0.4031 | 0.0783 | 0.75 | 0.0592 |
| Location | 0.6143 | 0.0660 | -0.98 | 0.0902 |
| Type of contract | -2.6755*** | 0.0846 | -3.83 | -0.3929 |
| Total financing | -0.1810 | 0.0268 | 1.33 | -0.0266 |
| Constant | 4.8164 | 1.9049 | 2.53 | |
| McFadden R-squared | 0.3118 | |||
| Log-likelihood | -62.795815 | |||
| LR chi-squared | 56.90*** | |||
| Degrees of freedom | 8 | |||
| Total observations | 140 |
| Actual Respondents |
|||
|---|---|---|---|
| Client | Non-Client | Total | |
| Number of correct predictions | 77 | 15 | 92 |
| % of correct predictions | 83.70 | 16.30 | 65.70 |
| Number of incorrect predictions | 13 | 35 | 48 |
| % of incorrect predictions | 27.08 | 72.92 | 34.20 |
| Predicted probability | 80.00 | ||
** 5% significance level, *** 1% significance level.