Role of microfinance for entrepreneurial success
The main objective of the paper isto analyze the influence of microfinance on entrepreneurialsuccess of Zimbabwean SMEs. Adopting explanatory research design with a sample that constitutes 120 business owners of SMEs in Gweru district data collection was through questionnaire administering that used...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
IGI Global
2021
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| Subjects: | |
| Online Access: | https://www.igi-global.com/viewtitlesample.aspx?id=269696&ptid=254120&t=role+of+microfinance+for+entrepreneurial+success http://hdl.handle.net/11408/4121 |
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| Summary: | The main objective of the paper isto analyze the influence of microfinance on entrepreneurialsuccess of Zimbabwean SMEs. Adopting explanatory research design with a sample that constitutes 120 business owners of SMEs in Gweru district data collection was through questionnaire administering that used Likert scale-type questions. The hypotheses are analyzed using Spearman’s correlation and regression analysis in order to empirically establish the influence of microfinance on entrepreneurial success. The main regression results show a strong positive relationship between microfinance and entrepreneurial success, a weak negative relationship between the business owner’s age and entrepreneurial success, and a positive relationship between the level of studies and entrepreneurial success of Zimbabwean SMEs. |
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