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My Proposal 2

My Proposal 2

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Published by hansasanghani

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Published by: hansasanghani on Nov 02, 2009
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11/06/2013

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NON-BANKING SOURCES OF FINANCE FOR MICROAND SMALL ENTERPRISES IN KENYABYHANSA VASANT SANGHANIUNITED STATES INTERNATIONAL UNIVERSITYFALL 2009
 
NON-BANKING SOURCES OF FINANCE FOR MICROAND SMALL ENTERPRISES IN KENYABYHANSA VASANT SANGHANIA Project Proposal Submitted to the School of Business in Partial Fulfillment of the Requirement forthe Degree of Masters in Business Administration(MBA)UNITED STATES INTERNATIONAL UNIVERSITY FALL 2009
2
 
ABSTRACT
The purpose of this study is to determine the alternative sources of finance in Kenya thatmicro and small enterprises can opt for apart from the most popular bank loans, overdraftsand other bank borrowings. This study is guided by the following three research questions:(i) What are the alternative non-banking sources of finance available for micro and smallenterprises in Kenya? (ii)Why do micro and small enterprises in Kenya underrate thealternative sources of finance available despite the hardships they face when borrowing fundsthrough banks? and (iii) What impact will the non-banking sources of finance available inKenya have on the chances of success and consequently the profitability of micro and smallenterprises?A survey research design approach is going to be employed to collect data from micro andsmall enterprises in Kenya to determine the objectives of this paper. This study will be of great importance to micro and small enterprises by opening their eyes to alternative sourcesof finance and probably giving them a better chance of survival, growth and success in theglobal competitive corporate setting.

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