- Title
- An explorative study into the effect of Information Technology in streamlining the access to development finance, for Small, Medium and Micro Enterprises (SMMEs) in South Africa
- Creator
- Giyose, Bongo Thobelani Simthembile
- Subject
- Information Technology
- Subject
- Economic development--Finance
- Subject
- Small, Medium and Micro Enterprises--South Africa
- Date Issued
- 2022-12
- Date
- 2022-12
- Type
- Master's theses
- Type
- Thesis
- Identifier
- http://hdl.handle.net/10948/59600
- Identifier
- vital:62181
- Description
- This study was concerned with exploring and describing a solution to optimise access to development finance for SMMEs in South Africa. SMMEs and entrepreneurs have long been identified as key drivers of economic development, job creation, and poverty elevation. In response to this and, in an effort to support SMMEs, the South African Government has established a number of development finance institutions with a specific mandate to support SMMEs by providing them with both financial and non-financial support. However, this much-needed support is constrained by several independent factors. The objective of the study was to identify information technologies that are currently available in the financial sector and explore how they can be integrated into development finance institutions (DFIs) and SMMEs to streamline their access to finance. The research started with a structured literature review, followed by a qualitative case study research design, and utilised ten (10) embedded units of analysis. These respondents consisted of industry experts in the field of SMME finance, senior employees within the sampled developmental finance institutions, as well as experts in the financial technology sector. The findings of the study, through the views of the sampled industry experts and relevant literature reviewed, revealed that it can be collectively summarised that there is a need for information technology such as Fintech in the development finance and SMME sector in South Africa. It is evident that a need exists to streamline the current application process to access development finance for SMMEs looking for finance. There is a significant misalignment between the current demand for development finance by SMMEs and the magnitude of finance supplied by DFIs to SMMEs looking for finance. The study then concluded with practical recommendations for the streamlining of development finance by using relevant Fin tech solutions.
- Description
- Thesis (MBA) -- Faculty of Business and Economic Science, 2022
- Format
- computer
- Format
- online resource
- Format
- Format
- 1 online resource (225 pages)
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Science
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Giyose, B Dec 2022.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |