Firm characteristics and credit accessibility of micro and small enterprises in Meru town-Kenya/ (Record no. 88245)

MARC details
000 -LEADER
fixed length control field 02690nam a22001937a 4500
003 - CONTROL NUMBER IDENTIFIER
control field KE-MeUCS
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20221031125037.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 221031b xxu||||| |||| 00| 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
Source
040 ## - CATALOGING SOURCE
Original cataloging agency
Transcribing agency KE-MeUCS
Modifying agency KE-MeUCS
050 ## - LIBRARY OF CONGRESS CALL NUMBER
Classification number HD2346.K6 2022
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Kobia Faith Kathure
245 ## - TITLE STATEMENT
Title Firm characteristics and credit accessibility of micro and small enterprises in Meru town-Kenya/
Statement of responsibility, etc Faith Kathure Kobia
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Meru:
Name of publisher, distributor, etc Meru University of Science and Technology,
Date of publication, distribution, etc 2022.
300 ## - PHYSICAL DESCRIPTION
Extent xiv.42 p.
520 ## - SUMMARY, ETC.
Summary, etc Micro and small enterprises have been known to be drivers of social economic department. Despite the effort of the government in formulating and implementing policies intended to enhance entrepreneurship, several challenges are still being experienced by entrepreneurs with the major ones being the requirements of lenders of different financial institutions. This research aimed to assess firm characteristics and credit accessibility of micro and small enterprises in Meru Town. The biggest challenge is that few MSE owners are fully aware of the traits that lenders look for when approving credit. The goal of the study was to look into the influence of firm size, profitability, firm assets and business ownership on credit availability for micro and small businesses. To support the study, the trade-off Theory, pecking order Theory, and imperfect Information Theory underpinned the study. The study employed the use of a questionnaire as the primary method of data collection. A target population of 800 registered MSEs was used for stratified sampling, yielding a sample size of 89 respondents, all of whom were owners or managers of these enterprises. The data was analyzed using descriptive statistics and a multiple linear regression model. The research established that, obtaining business finance from various financial organizations is one of the most difficult challenges that entrepreneurs in modern economics confront. The study uncovered that the variables; firm size, firm assets, profitability and business ownership significantly influenced credit accessibility of MSEs. In general, the study findings of regression analysis revealed a significant relationship between the firm characteristics and credit accessibility (r-0.89). The study would make a significant contribution to the current body of knowledge, particularly for academicians that may use it to advance their research in this field by analyzing the literature and identifying gaps. Based on the study findings, this research recommends for further investigations of other variables affecting credit accessibility of MSEs.
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Library of Congress Classification
Koha item type Thesis
Cataloguer Intern
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Source of acquisition Cost, normal purchase price Cataloger Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
    Library of Congress Classification     Meru University Meru University Periodical Section 31/10/2022 - 0.00 Intern   HD2346.K6 2022 22-36017 31/10/2022 31/10/2022 Thesis

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