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Table 3 Impact of Covid-19 on income earnings (Income changes due to Covid-19) among VSLAs members

From: An investigation of the Sustainability of Village Savings and Loans Associations (VSLAs) amidst Covid-19 and its impact on household income levels: lessons from Malawi, Sub-Saharan Africa

 

Category

Income Bands

Mean

SD

F-Value

P-Value

< MK5,000

MK5,000 ≥ MK10,000

 > MK10,000

Period

Before Covid-19

63

201

138

2.19

0.7

103.705

.000**

During Covid-19

137

145

120

1.96

0.8

101.780

.000**

Changes

Frequency (n)

74

-56

-18

    

Percentage (%)

54.01

-38.62

-15

    
  1. Source: Authors 2021
  2. Changes means changes from (Before to During period of Covid-19) calculated as in frequency (n) and percentage (%)
  3. ***Significant at the 5% level of significance
  4. (One Way ANOVA). 1 USD = MK811.37