The effects of micro financial institutions on small and medium enterprises (SMEs) : a focus on Lusaka district.
| dc.contributor.author | Mpopwe, Biggie Namvwaba | |
| dc.date.accessioned | 2024-12-12T10:14:39Z | |
| dc.date.available | 2024-12-12T10:14:39Z | |
| dc.date.issued | 2023 | |
| dc.description | Thesis of Master’s Degree in Business administration | |
| dc.description.abstract | This Report was a study on determining the impact micro financial institutions have on SMEs in Lusaka Per-urban Area. It employed a descriptive research design, with a study sample of 80 participants. It meant to asses to what extent SMEs in kalingalinga, Mtendere, Kanyama and Chawama make use of Micro financial institutional services as well as how SMEs in Kalingalinga, Mtendere, Kanyama and Chawama Compound benefit from Micro financial institutions. It further meant to assess the response Kalingalinga, Mtendere, Kanyama and Chawama based SMEs’ have towards micro financial services and to get recommendations on what ways can enhance accessibility of finances by SMEs in Kalingalinga, Mtendere, Kanyama and Chawama from Micro financial institutions from the SME owners. Study findings indicated that Micro financial institutions play a significant role in countries’ economies, and in businesses therein. The Business Sector represents a notable ratio in the total economic activity of most Countries thus it is very important that SMEs are able adequately access financial assistance conveniently and timely. This study revealed that SMEs prefer MFI services as opposed to banks because MFIs act quicker and are a bit flexible too. However, according to the study findings, MFIs ought to lower interest rates and introduce much longer repayment periods and also new administrative methods including the introduction of a type collateral system to allow even start-up firms to be eligible for borrowing funds, like allowing borrowers to hold on to the assets they pledge as collateral and only have it released when they default. | |
| dc.identifier.uri | https://dspace.unza.zm/handle/123456789/9019 | |
| dc.language.iso | en | |
| dc.publisher | The University of Zambia | |
| dc.title | The effects of micro financial institutions on small and medium enterprises (SMEs) : a focus on Lusaka district. | |
| dc.type | Thesis |