Entrepreneurial behavior and Sourcing Finances Small Scale Enterprises in Tanzania: a case study of Dar es salaam Region

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Date
2008
Journal Title
Journal ISSN
Volume Title
Publisher
University of Dar es Salaam
Abstract
It is now increasingly recognized that the small and medium enterprises (SMEs) play a crucial role in employment creation and income generation in Tanzania. The main objective of this study was to explore the entrepreneur behavior vis-a vis their ability to access finance or credit support for initiation, running and development of their venture. On the course, the other support interventions were discussed through measuring SMEs operators’ preference towards these supports. Interview were conducted to 88 SMEs operators based in Dar es salaam city. Using a questionnaire, field data were collected, then tested and statistically analysed. For data analysis, the statistical package for social Science (SPSS) Software was used to generate cross tabulation, frequency distribution tables, and pie charts. Chi-square tests were performed. Qualitative analysis was also performed. Analysis of the data and testing for hypotheses led to a number of conclusions. Firstly, it was revealed that, entrepreneurs lack coordination skills that could enable them to acquire necessary support from the existing ones. Secondly, it was concluded that, despite the effort made for financing credit facilities that do exist in the market, still entrepreneur’s lack access. Further, it was surfaced that knowledge and awareness is very key aspect for them in order to access credit support. Lastly, it was showed that preference among the support interventions are not in conformity; credit being the first priority to most of them, followed by training, marketing and premise scored same marks while consultancy happened to be the last.
Description
Available in print form, East Africana Collection, Dr.Wilbert Chagula Library, class mark (THS EAF HD2346.T34K57)
Keywords
Small business, Finance, Businessmen, Dar es Salaam region, Tanzania, Entrepreneurs
Citation
Kirungi, A. S (2008) Entrepreneurial behavior and Sourcing Finances Small Scale Enterprises in Tanzania: a case study of Dar es salaam Region, University of Dar es Salaam, Dar es Salaam.