Paper Title :Bank Involvement with SMEs in Zimbabwe

Author :Marx Dambazaa, Jw Krugerb

Article Citation :Marx Dambazaa ,Jw Krugerb , (2018 ) " Bank Involvement with SMEs in Zimbabwe " , International Journal of Management and Applied Science (IJMAS) , pp. 75-79, Volume-4,Issue-10

Abstract : The 2012 World Bank Survey in Zimbabwe revealed that 5.7 million people are working in the Small and Medium-sized Enterprise (SME) sector. The SME sector is the country’s economic fulcrum. SMEs find it difficult to access finance. Conventional wisdom argues that banks are the source of SME external funding. A survey of 8 banks on SME funding, was carried out to assess the banks involvement with SMEs. From the survey, banks are keen to move into the SME lending market but are sceptical on how to do it. Most banks concur that SME lending market is profitable. Keywords - Bank Involvement, SME External Funding, SME Lending, SME Sector.

Type : Research paper

Published : Volume-4,Issue-10

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