Influence of access to finance on the competitive growth of SMEs in Lesotho

Donald O.E. Amadasun and Ashley T. Mutezo

Access to finance has been identified as one of the biggest problems faced by small and medium-sized enterprises (SMEs) in most developing economies. Similarly, access to finance has been identified as a dominant constraint facing the SME sector in Lesotho. This paper established the factors related to access to finance that influence the competitive growth of the SME sector in Lesotho. The factors that were identified include financial information access, bank and business support services, the structure of banks, and the collateral requirements of the financial sector.

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Year of publication:	2022
Authors:	Amadasun, Donald O. E. ; Mutezo, Ashley T.
Published in:	Journal of innovation and entrepreneurship : JIE. - Heidelberg : SpringerOpen, ISSN 2192-5372, ZDB-ID 2679760-4. - Vol. 11.2022, Art.-No. 56, p. 1-20
Subject:	Bank and business support services \| Collateral requirement \| Competitive growth \| Financial information access \| Small and medium-sized enterprises \| Structure of the bank \| KMU \| SME \| Unternehmensfinanzierung \| Corporate finance \| Kreditgeschäft \| Bank lending \| Lesotho \| Bank \| Internationaler Wettbewerb \| International competition \| Kreditsicherung \| Collateral \| EU-Staaten \| EU countries

Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	10.1186/s13731-022-00244-1 [DOI] hdl:10419/290215 [Handle]
Source:	ECONIS - Online Catalogue of the ZBW

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