| dc.creator |
Kagaruki, Arnold Mugisha |
|
| dc.date |
2016-08-05T08:59:44Z |
|
| dc.date |
2016-08-05T08:59:44Z |
|
| dc.date |
2013 |
|
| dc.date.accessioned |
2018-03-24T11:52:24Z |
|
| dc.date.available |
2018-03-24T11:52:24Z |
|
| dc.identifier |
http://hdl.handle.net/11192/1544 |
|
| dc.identifier.uri |
http://hdl.handle.net/11192/1544 |
|
| dc.description |
A Dissertation Submitted in Partial Fulfillment of the Requirements for the
Award of the Degree of Master of Business Administration in Corporate
Management (MBA-CM) of Mzumbe University College |
|
| dc.description |
This study assessed the contribution of Microfinance Institutions to the SMEs growth
in Tanzania using the case study of FINCA. The objectives of this study were to
evaluate the trend of MFIs in assisting SMEs to access various types of loan
products, to assess the relationship between MFI loans and SMEs growth by
evaluating whether the SMEs businesses have improved after receiving loans from
MFIs. Also the study intended to determine the challenges faced by SMEs in
accessing loans from MFIs. Lastly, this study had an objective of suggesting
constructive measures to improve SMEs access to MFIs loans which would help
their growth.
The study used primary data collected by using questionnaire from 157 selected
SMEs and officers of FINCA. The analysis of data was mostly descriptive and which
was done using the Statistical Package for Social Sciences (SPSS).
The findings revealed that MFIs offer various types of loan products ranging from
small group loans, village bank loans and business loans. Each of these has different
interest rates but which are relatively lower compared to the rates charged by
commercial banks. However SMEs still consider the interests to be high and the loan
conditions to be somehow difficult. It was also established that MFI loans have
helped the growth of businesses which had small capital bases prior to accessing the
loans. Lastly, it was established that lack of collateral, default on previous loans and
failure to maintain proper records to be the most challenging factors hindering SMEs
access to loans from MFIs.
The study recommends that MFIs should keep the costs of loans lower and vary the
loan conditions because the nature of businesses differ in terms of the revenue cycle
and production cycle. So repayment schedules should consider this factor to avoid
default. |
|
| dc.language |
en |
|
| dc.publisher |
Mzumbe university |
|
| dc.subject |
finca mfis Services |
|
| dc.subject |
of FINCA MFIS Services |
|
| dc.title |
Assessment of the contribution of FINCA mfis Services on SMEs growth in Dar es salaam city: A Case of finca Dar es salaam |
|
| dc.type |
Thesis |
|