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The Challenges Confronting Small Scale Businesses in accessing Microfinance Services from MFIs Case Study: Rural Tanzania

Kimathi Augustino Flora · 2015 · International Journal of Academic Research in Business and Social Sciences

Summary. Small-scale businesses in rural Tanzania access microfinance services but face significant barriers. The study of 195 businesses in Mvomero district found that while microfinance institutions help businesses develop and expand, strict requirements and inflexible lending practices obstruct access. The research recommends that microfinance institutions adopt more flexible terms and that governments establish supportive legal and financial frameworks to enable financing for new ventures.

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Flora, K. A.. (2015). The Challenges Confronting Small Scale Businesses in accessing Microfinance Services from MFIs Case Study: Rural Tanzania. International Journal of Academic Research in Business and Social Sciences. https://doi.org/10.6007/ijarbss/v5-i11/1918

Details

DOI
10.6007/ijarbss/v5-i11/1918
Countries
Tanzania
Regions
Africa
Categories
funding, entrepreneurship
Added
2026-04-28