IDEAS home Printed from https://ideas.repec.org/a/afj/journ2/v15y2018i3p16-20.html
   My bibliography  Save this article

Small Businesses Start-Up Finance in African Developing Economies: Supply Side Challenges

Author

Listed:
  • Syden Mishi

    (University of Fort Hare)

Abstract

More often development of Small, Medium and Micro Enterprises (SMMEs) is considered one key strategy for alleviating poverty through employment creation, rapid inclusive economic growth, and reduction in inequality. However, literature and evidence show that most SMMEs are struggling to survive and grow due to lack of access to finance (financial exclusion). Using a unique case study of the Youth Development Fund in a developing country (Zimbabwe), the study investigated disparities in disbursements of finance, which can perpetuate socio-economic differences within an economy. Geographic differences were observed on maximum loan limits as well as loan amounts granted. Youths in Matabeleland North province (one of the poorest and with least literacy levels) are the most deprived. The results have serious implications on SMME funding policy, management of development finance and future research.

Suggested Citation

  • Syden Mishi, 2018. "Small Businesses Start-Up Finance in African Developing Economies: Supply Side Challenges," Africagrowth Agenda, Africagrowth Institute, vol. 15(3), pages 16-20.
    • Handle: RePEc:afj:journ2:v:15:y:2018:i:3:p:16-20
    as

    Download full text from publisher

    File URL: https://journals.co.za/content/journal/10520/EJC-10f1783b96?fromSearch=true
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Syden Mishi & Weliswa Matekenya & Leward Jeke & Ronney M. Ncwadi & Roseline T. Karambakuwa, 2021. "Firm and product survival analysis: Evidence from South African tax administrative and products data," WIDER Working Paper Series wp-2021-107, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:afj:journ2:v:15:y:2018:i:3:p:16-20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk De Doncker (email available below). General contact details of provider: https://edirc.repec.org/data/afrgrza.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.