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Examining challenges of SMEs towards their growth in Tanzania: A case study of SIDO-Mbeya

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dc.creator Hingi, Stephen
dc.date 2020-06-30T09:50:30Z
dc.date 2020-06-30T09:50:30Z
dc.date 2019
dc.date.accessioned 2021-05-05T09:19:42Z
dc.date.available 2021-05-05T09:19:42Z
dc.identifier APA
dc.identifier http://hdl.handle.net/11192/3406
dc.identifier.uri http://hdl.handle.net/11192/3406
dc.description A Dissertation Submitted to the School of Business in Partial Fulfillment of the Requirement for Award of a Master degree of Business Administration in Corporate Management (MBA_CM) of Mzumbe University
dc.description The general objective of this study was to examine the Challenges that SME’s are facing towards their Growth. The study was conducted in SIDO-MBEYA in Mbeya region. The study used descriptive research design. This study employed convenience sampling and purposive sampling to collect data from 100 business people, government officials and microfinance officials using interviews and questionnaires. The data was analyzed descriptively and presented through figures, tables and percentages. Quantitative data were collected through questionnaires which were processed using the Statistical Package for Social Science (SPSS). Generally, the study findings revealed that access to finance and credit facilities hugely affected the growth of SMEs within Mbeya city. Lack of or insufficient capital for expansion led to collapse of many businesses, Poor infrastructure like bad and dilapidated road networks greatly impacted negatively on the growth of SMEs due to delays in delivery, high cost of transport. This made some entrepreneurs to relocate to central easily accessible places thus losing their former client base, Socio-cultural factors had much impact on the growth of SMEs but due to modernity and diversity of our culture things has started to turn out well. The study also has revealed that education largely influence growth of SMEs at SIDO Mbeya. The study recommends that: the government should get involved in determining the interest rate and protecting the borrowers; the policies of the MFI, as guided by the Central. There is a need to improve ways of gathering customer information for the purpose of personalized marketing and service in the context of communication.
dc.language en
dc.publisher Mzumbe University
dc.subject Challenges Of SMEs
dc.subject SMEs Towards Their Growth - Tanzania
dc.subject SIDO-Mbeya
dc.subject performance of SMEs
dc.subject Reasons for SME Failure
dc.title Examining challenges of SMEs towards their growth in Tanzania: A case study of SIDO-Mbeya
dc.type Thesis


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