Chapter 3
RESEARCH METHODOLOGY
This chapter presents the research methodology used in the study. And this includes the
research design, research locale, research respondents, sample design, research instruments,
data gathering and procedures and statistical treatment of data.
Research Locale
This study will be conducted in Gingoog City. It is the chosen place of the
researchers because it is the place where the lending institution located. Gingoog City is a
coastal component city in the province of Misamis Oriental. According to the last census year
2019, it has a total population of 133,238 people. Gingoog City is not such a big city and the
areas that are covered for the giving of questioners where’s the lending institution located, as
long the respondents are able to willing to answer. And below to this is the geographical
stretch of Gingoog City.
Figure 2: Map of Gingoog City
Source: Gingoog City Google Map
Research Design
Study aims to reliably and systematically define a population, situation or
phenomenon. It can answer what, where, when and how questions, but not why questions.
Unlike in laboratory experiments, the researcher does not monitor or change any of the
variables, but only observes and measures them.
Research Respondents
I will conducted survey questionnaire with ten (10) management officials from each
lending institution and 100 randomly selected cooperative micro-finance program
beneficiaries.
Research Instrument
In this study, the researchers will make survey questionnaires and provide it to the
respondents to utilize in gathering data. The survey questionnaires consists of different parts
such as; first section is
Data Gathering Procedure
In this study, the researcher will find a respondents suited for this study and explain
everything about the questionnaire. The researcher will use a survey using questionnaire
given to the respondents of the study. The respondents will answer the questionnaire in order
to get information needed for this study. After the respondents answered the questionnaire the
research will get the questionnaire to collect and gather data.
Scoring Procedure
Rate Range Interpretation
1 4.1-5.0 Strongly Agree
2 3.1-4.00 Agree
3 2.1-3.00 Disagree
4 1.00-2.00 Strongly Disagree
Statistical Treatment of Data
Where:
P = Percentage
F = Frequency
N = Total number of respondents
Where:
X = Weighted mean
F = Frequencies
W = Weights
N = Total number of respondents
QUESTIONNAIRE
Name:
Age:
Gender:
Question Strongly Agree Agree Disagree Strongly
Disagree
Lending
company is
helpful to
people who
needs money
The interest rate
of lending
company is low
It is easy to pay
monthly interest
in lending
company
Need to pay the
interest on time
to avoid big
interest
Many people are
attracted to loan
in lending
company
No age
restriction
needed to avail
lending
company
Lending
company must
add another
benefits to their
clients