A Study on the Contribution of Microfinance Instituions in Reducing Financing Constraints for the Promotion of Small and Medium Size Enterprises

Title
A Study on the Contribution of Microfinance Instituions in Reducing Financing Constraints for the Promotion of Small and Medium Size Enterprises
Authors
NTIBASHIRWA, Chanelle
Issue Date
2013
Publisher
KDI School of public policy and management
Abstract
Small and Medium Sized Enterprises are crucial for private sector development in Burundi. They can play an important role in reconstructing the economy by creating more jobs, new products and promoting exports. Non -access to finance being one of its main obstacles, we attempted to research the contribution of microfinance institutions in promoting small and medium sized enterprises. We have conducted a survey in six microfinance institutions and results have shown that they have started to support small and medium enterprises but are facing several challenges such as lack of stable financial resources, lack of clear SME policy and competent SMEs ownership. Moreover, other structural problems of the country, mainly poor governance, hinder the promotion of small and medium sized enterprises. At the end of the study, we suggest policies for the government and microfinance institutions useful for boosting the private sector ,especially the development of small and medium sized enterprises.
URI
http://archives.kdischool.ac.kr/handle/11125/12306
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Master's Thesis (2013)


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