Status : Verified
| Personal Name | Saing, Nang Mo |
|---|---|
| Resource Title | Improving accessibility of small and medium enterprises (SMEs) to finance Malolos City, Bulacan Province, Philippines |
| Date Issued | July 2015 |
| Abstract | "The study focused on investigating physical, financial, and institutional factors that affect access to finance by small and medium enterprises (SMEs) in Malolos City, Bulacan. Results of the survey of 54 sample manufacturing firms in the study indicated that SMEs have limited access to financial institutions due to factors other than physical. SMEs in Malolos City who have availed of loans were able to access financial institutions due to high density of bank branches and local cooperatives in the area. Interest rate is the only financial factor that significantly affected SMEs’ access to finance. The likelihood of SMEs borrowing from financial institutions was less likely to occur due to the high interest rate. Many SMEs could not afford the interest rate charged by financial institutions, making it difficult to finance their business operations through loans. Based on the results, the recommendations were proposed for improving the bankability and credibility of SMEs by enhancing the government’s support and providing capacity building programs for SMEs and creating the awareness of government financing programs and credit guarantee schemes among SMEs. Other recommendations were to encourage and strengthen the role of non-bank financial institutions; to develop alternative sources of financing; to make financial service information available to SMEs; and cooperation of SMEs in improving their access to finance. " |
| Degree Course | M.S. Regional Planning Development |
| Language | English |
| Keyword | Cities and towns; Small business |
| Material Type | Thesis/Dissertation |
Preliminary Pages
1.95 Mb
Category : F - Regular work, i.e., it has no patentable invention or creation, the author does not wish for personal publication, there is no confidential information.
Access Permission : Open Access