Determinants of Well-Being among Amanah Ikhtiar Malaysia (AIM) Participants: The Role of Livelihood Assets, Socioeconomic Vulnerability and Resilience Strategies
Authors
Faculty of Education, University Kebangsaan Malaysia (Malaysia)
Radin Siti Aishah Radin A Rahman
Faculty of Education, University Kebangsaan Malaysia (Malaysia)
Faculty of Education, University Kebangsaan Malaysia (Malaysia)
Article Information
DOI: 10.47772/IJRISS.2025.915EC00754
Subject Category: Economics
Volume/Issue: 9/15 | Page No: 1366-1373
Publication Timeline
Submitted: 2025-10-05
Accepted: 2025-10-10
Published: 2025-11-10
Abstract
This study investigates the influence of livelihood assets, socioeconomic vulnerability, and resilience strategies on the well-being of participants of Amanah Ikhtiar Malaysia (AIM). Guided by the Sustainable Livelihood Framework (SLF), a quantitative research design was employed using structured questionnaires distributed to 375 micro-entrepreneurs in Hulu Langat, Selangor. Multiple linear regression analysis was used to assess the extent to which the three independent variables predict well-being.
The findings reveal that livelihood asset ownership significantly and positively influences well-being (β = 0.287, p < 0.01), while socioeconomic vulnerability (β = 0.087, p = 0.083) and resilience strategies (β = 0.021, p = 0.665) show no significant effects. This suggests that the accumulation and effective utilisation of assets remain the key determinant of participants’ well-being, whereas coping strategies and vulnerability factors are less influential in this context.
The results underscore the importance of asset-building interventions and entrepreneurial support as part of Malaysia’s poverty alleviation strategies under the Eleventh and Twelfth Malaysia Plans. Future research could incorporate moderating variables such as gender, education, and business sector, and adopt a mixed-method or longitudinal approach to capture more nuanced and dynamic livelihood experiences.
Keywords
sustainable livelihood framework, asset ownership, socioeconomic vulnerability, resilience strategies
Downloads
References
1. Abdullah, S., Sazali, A. W., & Malarvizhi, C. A. (2010). The impact of Amanah Ikhtiar Malaysia micro credit schemes on micro-enterprise assets in Malaysia. Asian Journal of Business and Accounting, 3(2), 27–40. https://ajba.um.edu.my [Google Scholar] [Crossref]
2. Al-Mamun, A., Mazumder, M. N. H., & Malarvizhi, C. A. (2012). Measuring the effect of Amanah Ikhtiar Malaysia’s microcredit programme on economic vulnerability among hardcore poor households. Progress in Development Studies, 12(2–3), 187–206. https://doi.org/10.1177/146499341101200303 [Google Scholar] [Crossref]
3. Ashley, C., & Carney, D. (1999). Sustainable livelihoods: Lessons from early experience. London: Department for International Development (DFID). [Google Scholar] [Crossref]
4. Bebbington, A. (1999). Capitals and capabilities: A framework for analyzing peasant viability, rural livelihoods, and poverty. World Development, 27(12), 2021–2044. https://doi.org/10.1016/S0305-750X(99)00104-7 [Google Scholar] [Crossref]
5. Carney, D. (Ed.). (1998). Sustainable rural livelihoods: What contribution can we make? London: DFID. [Google Scholar] [Crossref]
6. Chambers, R., & Conway, G. (1992). Sustainable rural livelihoods: Practical concepts for the 21st century. IDS Discussion Paper 296. Institute of Development Studies. [Google Scholar] [Crossref]
7. Department for International Development (DFID). (1999). Sustainable livelihoods guidance sheets. London: DFID. https://www.livelihoodscentre.org [Google Scholar] [Crossref]
8. Hulme, D., & Mosley, P. (1996). Finance against poverty. London: Routledge. [Google Scholar] [Crossref]
9. Krantz, L. (2001). The sustainable livelihood approach to poverty reduction. Sida. [Google Scholar] [Crossref]
10. Mohd Shaladdin, M. S., Hashim, N., & Mohd Noor, M. (2006). The concept of sustainable livelihood in poverty eradication. Jurnal Ekonomi Malaysia, 40, 77–86. https://ejournal.ukm.my [Google Scholar] [Crossref]
11. Saad, N. M. (2016). Microfinance and prospect for Islamic microfinance products: The case of Amanah Ikhtiar Malaysia. International Journal of Economics and Finance, 8(4), 152–160. https://doi.org/10.5539/ijef.v8n4p152 [Google Scholar] [Crossref]
12. Tanner, T., Mitchell, T., Polack, E., & Guenther, B. (2005). Urban governance for adaptation: Assessing climate change resilience in ten Asian cities. Institute of Development Studies. [Google Scholar] [Crossref]
13. Turunen, E., Huttunen, K., & Keränen, R. (2010). Coping strategies of low-income households during economic crisis. International Journal of Consumer Studies, 34(2), 123–131. https://doi.org/10.1111/j.1470-6431.2009.00842.x [Google Scholar] [Crossref]
14. United Nations Development Programme (UNDP). (2009). Handbook on planning, monitoring and evaluating for development results. UNDP. https://www.undp.org [Google Scholar] [Crossref]
15. Zaini, S., Supian, A., & Norziani, D. (2012). The economic performance of Amanah Ikhtiar Malaysia (AIM) microcredit program in rural Kedah. Malaysian Journal of Consumer and Family Economics, 15, 84–98. [Google Scholar] [Crossref]
Metrics
Views & Downloads
Similar Articles
- Impact of Foreign Direct Investment in India
- Issues Involved in Digitalisation Special Reference to Indian Tourism Growth
- Relationship Marketing and Customer Loyalty in the Fast-Moving Consumer Goods (FMCG) Industry in Nairobi County
- Financial Literacy or Financial Inclusion? Which is Which, What is What—To Achieve Uganda’s 10-Fold Economic Growth By 2040
- Harnessing Natural Gas for Economic Transformation: Overcoming the Regulatory and Infrastructural Bottlenecks in Nigeria