Effects of microfinance services on the performance of small and medium enterprises in Kenya
Citations
36 citations
Cites background from "Effects of microfinance services on..."
...Capital adequacy and revenue maximization are positively correlated (Rahmat and Maulana 2006; AkotoSampong 2011; Fauster 2014; Irene, Charles, and Japhet 2015)....
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Cites background from "Effects of microfinance services on..."
...This supports the argument that lack of assets among the rural poor reduces their access to credit [22]....
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...livelihoods [22] and rely on their accumulated assets as collateral when they apply for loans from micro-finance...
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References
317 citations
"Effects of microfinance services on..." refers background in this paper
...Many need skills training or other inputs to make their enterprises a success (Ledgerwood, 1998)....
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...This also improves their ability to manage working capital needs through borrowing and savings at different times as required (Ledgerwood, 1998)....
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...Most MFIs prefer to focus on existing businesses, with perhaps a small portion of their portfolio invested in start-up businesses, thereby reducing their risk horizon (Ledgerwood, 1998)....
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"Effects of microfinance services on..." refers background in this paper
...enterprise management, Moullin (2003) defines an organization’s performance as “how well the organization is managed” and “the value the organization delivers for customers and other stakeholders....
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...Small businesses tend to have a poor collateral base and therefore get excluded from the credit market (Kimuyu and Omiti, 2000)....
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85 citations
"Effects of microfinance services on..." refers background in this paper
...Microfinance is also defined as provision of small- scale financial services to the low- income people (Robinson, 2001; Nair, 2001)....
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