The Impact of High Interest Rate to the Growth of Smes the Case Study Tanzanian Banks

George Oreku

ISBN 10: 3843360030 / ISBN 13: 9783843360036

Published by VDM Verlag Dr. Mueller Aktiengesellschaft & Co. KG, 2010

About this Item

pp. 60.

Seller Inventory # 26128834423

Bibliographic Details

• Title: The Impact of High Interest Rate to the Growth of Smes the Case Study Tanzanian Banks
• Publisher: VDM Verlag Dr. Mueller Aktiengesellschaft & Co. KG
• Publication Date: 2010
• Language: English
• ISBN 10: 3843360030
• ISBN 13: 9783843360036
• Binding: Soft cover
• Condition: New

About this title

Synopsis

This paper examines how higher interest rates in public micro-finance in Tanzania are affecting the growth of SMEs. We argue that these financial institutions can help in giving credit and loans to the SMEs and entrepreneurs for different project implementation and growth but yet the fact may arise out that many SMEs are unable to meet the tough Banks requirements and interest rates currently in place. We realized that even though the project might be, neither too productive, nor too unproductive, reducing such interest rate is inevitable, with the SMEs being involved in borrower selection only. We further, identified statistically the present credit delivery and status of access to these institutions, understanding of interest in loans and SMEs distribution in the country.

About the Author

George S. Oreku is a Principal researcher and a Director of ICT and Technology Transfer with Tanzania Industrial Reseach and Development Organization (TIRDO). He has worked as a Lecturer at Heilongjiang University Computer Science division China, Institute of Finance Management (IFM) and University of Dodoma (UDOM) respectively.