The Role Of Microfinance In The Development Of Small And Medium Enterprises (SMEs)

Microfinance

Authors

  • Asad Khan
  • Daniyal Inayat
  • Dr. Samra Kiran

Keywords:

Microfinance, Small and Medium Enterprises, Microfinance Institutions, Micro Credit

Abstract

This work has tried to investigate the impact of microfinance on the development of SMEs). The
primary data was collected through questionnaires from SMEs in Peshawar. The results show
that microfinance plays a vital role in the revenue and profit growth of SMEs and reveals that
SMEs with higher financial risk and lower levels of productivity are more likely to seek
microcredit. Furthermore, the results suggest that firm characteristics including product
innovation efforts and managerial and entrepreneurial attitudes are the key determinants of the
likelihood of receiving microfinance. The main problems identified were lengthy documentation
process, lack of information about the microcredit other security requirements.

Downloads

Published

2021-12-21

Issue

Vol. 4 No. 1 (2018)

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Authors who publish with this journal agree to the following terms:

  • The author(s) retain the copyright on work published in "The Discourse" and grant the journal right of first publication.
  •  Individual articles are published Open Access under the Creative Commons Attribution 4.0 International License , which permits unrestricted use, distribution, and reproduction on any medium, provided the original author (s) and source are properly credited.