Credit financing for SMMES in the Free State: development financing institutions versus commercial banks
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Date
2010
Authors
Ntiso, Lisebo Agnes
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Free State
Abstract
Access to credit finance is a challenge that faces SMMEs in developing economies
such as South Africa. This challenge has been a burning issue to a number of
researchers and policy makers alike. The development of SMMEs is important
because the sector is an alternative solution to unemployment reduction and poverty
eradication. Without enough financial resources, achieving this developmental goal
becomes very difficult for SMMEs. The study helps to illustrate the roles played by
both private sector (banks) and public sector (OFIs) in affording SMMEs access to
credit finance. The results show that there are some challenges facing Fis that
prohibit them to achieving the goal. The study, however suggests the possible
solutions in addressing the problem.
Description
Dissertation (M.Com.(Business Management))--University of the Free State, 2010
Keywords
Credit finance, SMMEs, Fls, Banks, DFIs, Small business -- South Africa -- Free State -- Finanace, Financial institutions -- South Africa -- Free State, Banks and banking -- South Africa -- Free State, Finance companies -- South Africa -- Free State