- Title
- SME development policy and financing of women-owned enterprises in Zimbabwe
- Creator
- Chikwavarara, Bigbouy
- Subject
- Women-owned business enterprises -- Zimbabwe
- Subject
- Small business -- women -- Zimbabwe Business enterprises -- Finance -- Zimbabwe Small business -- Finance -- Zimbabwe
- Date Issued
- 2019
- Date
- 2019
- Type
- Thesis
- Type
- Masters
- Type
- MPhil
- Identifier
- http://hdl.handle.net/10948/37969
- Identifier
- vital:34275
- Description
- This cross-sectional quasi-experimental research applied a combination of an indepth literature review, key informant interviews and a small- and medium-sized enterprise (SME) survey to identify key policies which influence access to formal finance for women-owned SMEs in Zimbabwe. The study then applied Sandiford and Rossmiller’s 4Es (effectiveness, efficiency, enforceability and equity) framework for policy analysis to identify gaps in the SME development policy framework, which inhibit female entrepreneurs from access to formal finance. The study also reviewed India’s SME development policy framework to identify lessons that Zimbabwe could learn. The study found that female entrepreneurs in Zimbabwe are rarely engaged during the design and implementation of SME policies; hence they lack knowledge of interventions which affect their businesses. The study also found that Zimbabwe lacks current data and knowledge on how the current SME policy framework affects women-owned SMEs to access finance. As a result, SME policies are not evidence based, are hurriedly implemented and lead to duplication and uncoordinated efforts. In addition, SME policies are not systematically evaluated so as to better inform implementation thereof or follow on policies. The study concluded that Zimbabwe’s SME development policy ranks low on all the 4Es - effectiveness, efficiency, enforceability and equity in promoting access to finance for women-owned SMEs. The study recommends the Government of Zimbabwe (GoZ) to invest in timely policy research and analysis to better understand women-owned SMEs’ access to finance challenges and adopt evidence based policy making and implementation. The study also recommends the GoZ to learn from India how to enhance the SME development policy framework by building the capacity of female entrepreneurs and financial institutions to close the deeply entrenched information and confidence gaps on access to finance issues.
- Format
- xiii, 101 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | BIGBOUY CHIKWAVARARA.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |