Small and Medium Size Enterprise Financing in Tanzania

论文摘要

目前有一个了解企业获得资金的大利益,而中小型企业特别是(中小企业)融资。然而,各国中小企业的融资模式还不是很清楚,例如,很少是关于股票,债券,以及企业间的跨国家的中小企业融资的相对重要性而闻名。这次关于坦桑尼亚中小企业融资本文的重点。在十九世纪和二十世纪初中小企业在改善就业的平民大量国家的经济和创造一个非常重要的一部分,但在目前的年中小企业面临重大挑战的资金,协助其活动。据了解,一个令人印象深刻的地方金融机构提供各种出现中小型企业的需要的地方对他们的服务有足够的需求。虽然这些中介机构有明显的弱点,他们能够进军本地信息网络等向企业提供信贷的人太年轻或小,以确保大型区域或国家机构的资金。此外,通过提高返回本地家庭储蓄,有助于调动他们为经济发展重要的新资源。

论文目录

• ABSTRACT
• 摘要
• Chapter 1 Introduction
• 1.1 Research Background
• 1.2 Research Significance
• 1.4 Research Objectives
• Chapter 2 Theoretical Frame Work
• 2.1 Literature Review
• 2.2 Financing theories of SMEs
• 2.2.1 Agency Theory
• 2.2.2 Signaling Theory
• 2.2.3 The Pecking-Order Theory or Framework （POF）
• 2.2.4 Access to Capital
• 2.2.5 Leverage
• 2.2.6 Equity Funds
• Chapter 3 Factors Influencing SME Financing in Tanzania
• 3.1 Development of SMEs in Tanzania
• 3.1.1 Definition of Small and Medium Enterprises
• 3.1.2 Economic Empowerment Strategies towards SMEs Development
• 3.1.3 Implementation Status of SMEs Development
• 3.2 SMEs in Tanzanian Societies
• 3.2.1 National Economic Empowerment Policy
• 3.2.2 National Economic Empowerment Act No.16 of 2004
• 3.2.3 Establishment of the National Economic Empowerment Council （NEEC）
• 3.2.4 Initiatives Undertaken to Implement the Economic Empowerment Policy
• 3.2.5 Mwananchi Empowerment Fund
• 3.2.6 Economic Empowerment Programme
• 3.2.7 Small Entrepreneurs Loan Facility （SELF）
• 3.2.8 Business Environment Strengthening for Tanzania （BEST）
• 3.2.9 Tanzania Social Action Fund （TASAF） Phase Ⅱ
• 3.2.10 Property and Business Formalization Programme （PFBP）
• 3.3 SMEs Financing in Tanzania
• Chapter 4 Problems of SME Financing In Tanzania
• 4.1 The existence of marked informational asymmetries between SME and lenders
• 4.2 The intrinsic higher risk associated with small scale activities
• 4.3 The existence of sizeable transactions costs in handling SME financing
• Chapter 5 Possible Solutions for SME Financing
• 5.1 Easy access for SMEs to borrow from banks
• 5.2 Bridge the SME financing gap
• 5.3 Innovative SMEs find funding
• Chapter 6 Case Study Linking Farmers to the Markets in Sugar Cane Industry
• 6.1 Linking Farmers to the Markets in Sugar Cane Industry
• 6.1.1 Case Analysis
• 6.2 Aspects that should not be present for the reliability
• Chapter 7 Conclusions and Recommendations
• 7.1 Conclusions
• 7.2 Challenges
• 7.3 Recommendations
• 7.4 Way forward
• Acknowledgements
• REFERENCES