IDEAS home Printed from https://ideas.repec.org/a/wsi/jecxxx/v28y2020i01ns0218495820500041.html
   My bibliography  Save this article

Sustainability of Business Development Services: Evidence from the Sri Lankan Microfinance Sector

Author

Listed:
  • Ruwan Abeysekera

    (Department of Finance, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka)

Abstract

This study explores the issues faced by Microfinance Institutions (MFIs) in Sri Lanka in sustaining their business development services (BDS) and the strategies that they use to overcome these issues. A multiple case study methodology was used in the study to conduct an in-depth examination of six microfinance institutions in Sri Lanka. The findings show that MFIs in Sri Lanka face issues such as lack of donor money, central bank regulations, and low client demand for BDS which hinder the financial sustainability of BDS in MFIs. MFIs therefore, employ several strategies to circumvent these issues, including the use of coupon systems, charging a fee from the client, obtaining commission from the buyers for market linkages, and linking credit to the BDS programme in order to sustain their BDS programmes. The findings are useful to microfinance practitioners, policy makers and contribute to the knowledge domain of microfinance.

Suggested Citation

  • Ruwan Abeysekera, 2020. "Sustainability of Business Development Services: Evidence from the Sri Lankan Microfinance Sector," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 28(01), pages 81-91, March.
    • Handle: RePEc:wsi:jecxxx:v:28:y:2020:i:01:n:s0218495820500041
    DOI: 10.1142/S0218495820500041
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0218495820500041
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0218495820500041?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Isaac Kazungu, 2023. "Business Development Services and Participation of Rural-Based Micro Enterprises in Export Markets: Exploring the Heterogeneity of the Tanzanian Handicrafts Industry," SAGE Open, , vol. 13(4), pages 21582440231, November.
    2. Nadeera Ranabahu & Ananda Wickramasinghe, 2022. "Sustainable Leadership in Microfinance: A Pathway for Sustainable Initiatives in Micro and Small Businesses?," Sustainability, MDPI, vol. 14(9), pages 1-15, April.

    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:wsi:jecxxx:v:28:y:2020:i:01:n:s0218495820500041. 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: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jec/jec.shtml .

    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.