Obstacles in the access to SMME finance: an empirical perspective on Tshwane
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Authors
Mutezo, Ashley Teedzwi
Issue Date
2009-08-25T10:56:52Z
Type
Dissertation
Language
en
Keywords
Entrepreneurship , Entrepreneurs , Obstacles to access of finance , SMME finance , Funding institutions , South Africa
Alternative Title
Abstract
The positive role and fundamental contribution of entrepreneurship on a global and national level is an unconditional phenomenon pertaining to economic growth. There are though various perspectives and opinions on the format and context of contribution. One of these perspectives embraces the obstacles involved in the entrepreneurial process hindering contribution and economic catalisation. This study follows a focused approach towards investigating a critical obstacle and specifically the access to finance, within an indicated geographical area.
The research intervention has obtained a large and reliable data set to examine the contention that there are obstacles faced by entrepreneurs in accessing small business finance in the Tshwane area. The findings of the study support this contention and also the fact that conventional financing mechanisms do not allow for cost-effective provision of finance to large numbers of entrepreneurs seeking small quantities of finance. Poverty and lack of assets mean that many people do not have the collateral needed to access formal financing.
Description
Citation
Mutezo, Ashly Teedzwi (2009) Obstacles in the access to SMME finance: an empirical perspective on Tshwane, University of South Africa, Pretoria, <http://hdl.handle.net/10500/1803>