Open Access
Subscription Access
Open Access
Subscription Access
Financing of Microenterprises: Access and Sustainability
Subscribe/Renew Journal
In recent years the attention and the interest in entrepreneurship has increased especially in developing countries like India where both private and public sectors are not able to provide employment to large and young population of the country. The wider context in which this study is embedded is the various issues related to microenterprises in Himachal Pradesh. The paper discusses what the main sources of finance for these enterprises are and what constraints and disabilities/infirmities are faced by these enterprises in sustaining their production.
Keywords
Credit, Finance, Formal and Informal Finance, Microenterprises.
Subscription
Login to verify subscription
User
Font Size
Information
- Ayyagari, M., Demirguc-Kunt, A., & Maksimovic, V. (2008). How important are financing constraints? The role of finance in the business environment. The World Bank Economic Review, 22(3), 483-516.
- Beck, T., Demirguc-Kunt, A. S. L. I., & Maksimovic, V. (2005). Financial and legal constraints to growth: Does firm size matter? The Journal of Finance, 60(1), 137-177.
- Schiffer, M., & Weder, B. (2001). Firm size and the business environment: Worldwide survey results (Vol. 43). World Bank Publications.
- Beck, T., & Demirguc-Kunt, A. (2006). Small and medium-size enterprises: Access to finance as a growth constraint. Journal of Banking & Finance, 30(11), 2931-2943.
- Naidu, S., & Chand, A. (2011). Financial obstacles faced by micro, small and medium enterprises in the South Pacific. International Journal of Entrepreneurship and Small Business, 17(2), 22-34.
- Mishra, S. K., & Brahme, K. (2011). Study of strategic financial management and growth in MSMEs in Chhattisgarh. The Indian Journal of Commerce, 64(1), 13-17.
- Rao, S. T., Rao, G. T., & Ganesh, M. S. (2011). Women entrepreneurship in India (A case study in Andhra Pradesh). The Journal of Commerce, 3(3), 43. Report of Rabobank, Netherland: 2005
- Beck, T., Demirguc-Kunt, A. S. L. I., & Maksimovic, V. (2005). Financial and legal constraints to growth: Does firm size matter? The Journal of Finance, 60(1), 137-177.
- Banerjee, A., & Duflo, E. (2004). What do banks (not) do? Economic and Political Weekly, 39(38), 4212-4213
- Zia, B. H. (2007). Export incentives, financial constraints, and the (mis) allocation of credit: micro-level evidence from subsidized export loans. Journal of Financial Economics, 87(2), 498-527.
- Jain, P. S. (1996). Managing credit for the rural poor: lessons from the Grameen Bank. World development, 24(1), 79-89.
- Allen, F., Qian, J., & Qian, M. (2007). China’s financial system: Past, present, and future. Present and Future (March 28, 2007).
- Ayyagari, M., Asli, D.-K., & Maksimovic, V. (2010). Formal versus informal finance: Evidence from China. Review of Financial Studies, 23(28), 3048-3097.
- Cheng, X., & Degryse, H. (2010). The impact of bank and non-bank financial institutions on local economic growth in China. Journal of Financial Services Research, 37(2-3), 179-199.
- Beck, T., Demirguc-Kunt, A. S. L. I., & Maksimovic, V. (2005). Financial and legal constraints to growth: does firm size matter? The Journal of Finance, 60(1), 137-177.
- Cook, P. (2001). Finance and small and mediumsized enterprise in developing countries. Journal of Developmental Entrepreneurship, 6(1), 17.
- Gray, K. R., Cooley, W., & Lutabingwa, J. (1997). Small-scale manufacturing in Kenya. Journal of Small Business Management, 35(1), 66.
- Levy, B. (1993). Obstacles to developing indigenous small and medium enterprises: An empirical assessment. The World Bank Economic Review, 7(1), 65-83.
- Little, I. M., Page, J. M., & Mazumdar, D. (1987). Small Manufacturing Enterprises. New York: Oxford University Press
- Peel, M. J., & Wilson, N. (1996). Working capital and financial management practices in the small firm sector. International Small Business Journal, 14(2), 52-68.
- Spring, A., & McDade, B. (1998). Entrepreneurship in Africa: Traditional and contemporary paradigms. African entrepreneurship: Theory and reality, 1-34.
- Ariyo, D. (2000). Small firms are the backbone of the Nigerian economy. Africa Economic Analysis.
- Horn, N. E. (1998). Overcoming challenges: Women microentrepreneurs in Harare. Zimbabwe.
Abstract Views: 251
PDF Views: 1