MOGADISHU UNIVERSITY

FACULTY OF ECONOMICS AND MANAGEMENT

SCIENCEs

DEPARTMENT OF finance and banking

Title of the Thesis

A study of financing constraints faced by new

entrepreneurs

(A case study at barrow mobile restaurant)

Supervisor Students

Mr. Zakaria Ahmed Mohamed Fartun Sharif Isak

Ismail Abdirahman Mukhtar
Muna Mo’ed Ibrahim
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Academic Year 2019-2020

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APPROVAL

This thesis is submitted in partial fulfillment of the requirement for the degree of BA
in finance and banking.

Mogadishu University
Academic year: 2018-2019

For Graduate Committee

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Dean of the Faculty of Economics and Management sciences

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DECLARATION
We hereby declare that this is our original work and have never been presented for a degree or any award
in any university or any academic institution of higher education. It is all the result of our own work and
under the Supervision of Mr. Zakaria Ahmed Mohamed.

The topic of our study was “A study of financing constraints faced by new entrepreneurs”.

Graduators Supervisor

Fartun Sharif Isak Mr. Zakaria Ahmed Mohamed

Signature……………………….. Signature………………….

Ismail Abdirahman Mukhtar

Signature………………………..

Muna Mo’ed Ibrahim

Signature………………………..

Date ……. /……. /……... Date ……… /……… /……..

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DEDICATION (A)
To my family: I am so proud each of you and so blessed by your perseverance and never ending
love and support. I know that sometimes it seems as though “we lose our selves in work to do
and to pay more efforts in learning and that it’s a ride, ride, and ride without much cover.” But
you are always in my heart, a gift for which I remain deeply grateful.

---Fartun Sharif Isak

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DEDICATION (2)
To my mom: thank you for your never ending support and encouragement. Without you I am
nothing, you sacrificed so much for me to be who I want to become.

---Ismail Abdirahman Mukhtar

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DEDICATION (3)
To my parents: This work is especially dedicated to my beloved Mother and my dear Father.
Without their knowledge, guidance and love I wouldn’t have the goals I have to strive and be
best to reach my dreams. Mom and Dad, I know I don’t say it enough, because the love we share
is more than just words. You are the power in me that made this project possible.
“O my Lord, show mercy on them as they nourished me when I was young”

---Muna Mo’ed Ibrahim

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ACKNOWLEDGEMENT
All praise to ALLAH for the blessing and the strength that he has given us while working on this
research. As it is our pleasure and obligation to acknowledge all those persons who in one way
or another assisted us in the completion of this study. The list is long to be individually
acknowledged. However, we cannot wholly refrain from mentioning a few individuals, without
whose support and input this study would never have been accomplished. Our special
appreciation goes to our supervisor, Mr. Zakaria Ahmed Mohamed for his personal
commitment and effort to speedily read and comment on our drafts that helped us to step in the
process of preparing and submitting this thesis. Our special appreciation goes to our beloved
parents for the special care they have granted us.

We would like to thank anyone who helped us our academic achievements morally and
technically especially our dearest brothers and sisters.
We would also like to thank our classmates and our special friends.