Home

    About

    Open Access Repository

    SearchBrowse by ThemeBrowse by AuthorBrowse by TypeMost Popular Titles

    Other Resources

    Curators

    Events

    Contributing Think Tanks

    Networks

    Using Content

    FAQs

    Terms of Use

    13,800+ curated items from top Think Tanks.
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Home

    About

    Open Access Repository

    SearchBrowse by ThemeBrowse by AuthorBrowse by TypeMost Popular Titles

    Other Resources

    Curators

    Events

    Contributing Think Tanks

    Networks

    Using Content

    FAQs

    Terms of Use

    Finance for Micro, Small, and Medium-Sized Enterprises in India: Sources and Challenges

    Singh, Charan; Wasdani, Kishinchand Poornima | July 2016
    Abstract
    Finance for micro, small, and medium-sized enterprises (MSMEs) has been a concern for all stakeholders including entrepreneurs, financial institutions, and government organizations. The key objective of the study was to identify various challenges faced by MSMEs in sourcing of finance during different stages of their life cycle. This study is a first-of-its-kind attempt to focus on these aspects. The study further explores whether the financial awareness of MSME entrepreneurs is a major limitation in the identification and utilization of sources of finance. Data was collected through personal interviews using a structured questionnaire from a sample of 85 MSMEs. The survey was conducted mainly in the city of Bangalore covering a wide spectrum of sectors like precision tools, weavers, jewelers, food retailers, metal works, textiles, and book shops. The results reinforce the findings of other studies that utilization of formal sources like banks is significantly small compared with informal sources like personal and family wealth. The study found that the main challenges faced in underutilization of formal sources were inadequacy of collateral assets and lack of financial awareness of entrepreneurs. Based on the conclusion that requirement of finance differs with the life-cycle stage of the MSME, recommendations have been proposed for entrepreneurs, financial institutions, and policy makers.
    Citation
    Singh, Charan; Wasdani, Kishinchand Poornima. 2016. Finance for Micro, Small, and Medium-Sized Enterprises in India: Sources and Challenges. © Asian Development Bank Institute. http://hdl.handle.net/11540/6618.
    Keywords
    Development assistance
    ADB
    Curriculum development
    Development assistance
    Development aid
    Development indicators
    Development potential
    Development models
    Project appraisal
    Performance appraisal
    Economic development
    Economic indicators
    Government programs
    Economic growth
    Economic policy
    Industrial development
    Industrial policy
    Technology assessment
    Economic evaluation
    Economic forecast
    Input output analysis
    Comprehensive Development Framework
    Development Challenges
    Development Planning
    Millennium Development Goals
    Policy Development
    Program Evaluation
    Performance Evaluation
    Evaluation Criteria
    Capital Market Development
    Development Economics
    Financial Sector Development
    Technology Development
    World Development Indicators
    Evaluation Methods
    Communication in rural development
    Communication in community development
    Infrastructure
    Central planning
    Endowment of research
    Partnership
    Joint venture
    Nation-building
    Risk assessment
    Economic development projects
    Economic forecasting
    Industrial research
    Participatory monitoring and evaluation
    Economic policy
    Economic forecasting
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/6618
    Metadata
    Show full item record
    Thumbnail
    adbi-wp581.pdf (458.3Kb)
    Author
    Singh, Charan
    Wasdani, Kishinchand Poornima
    Theme
    Development
    Evaluation
    Small Medium Business
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise