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FINANCING SMEs,WHICH WAY FORWARD?

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Member
Registered: Feb 2009
Posts: 2
Location: ATIBIE
Most very often, we hear that the backbone of every economy is the SMEs sector. But rather mind boggling to hear of their cries of lack of funding or appropriate financing.
You are an entrepreneur, what kind of specific product would you suggest be designed for the SMEs sector?
Member
Registered: Feb 2009
Posts: 1
can a member of the comunity get a support in the form of money. (loan).
Administrator
Registered: Jul 2008
Posts: 37
Location: Kumasi, Abetifi, Akropong, Accra
Quote
can a member of the comunity get a support in the form of money. (loan).


Dery Wisdom, I think it's too soon for u to recieve...consentrate on giving for the time being..
Member
Registered: Jun 2010
Posts: 2
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Member
Registered: Jun 2010
Posts: 5
In which purpose you want to spend money could you tell me the detail.?
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Member
Registered: Sep 2010
Posts: 6
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Member
Registered: Nov 2010
Posts: 4
Location: USA
Hello,
The case that Small and Medium Enterprises (SMEs) make important contributions to economic and social development in Africa and in Rwanda in particular, has specific interest to this gathering. Indeed, the majority of employees in Africa, as in Rwanda, can be found within family businesses - generally termed here as SMEs. These are the major engine for economic growth achieved through employment and wealth creation and poverty reduction.
Despite the SME sector’s significant contribution to economic development, however, it continues to experience diverse problems that hinder its growth and development. The sector needs more support to overcome problems and to be able to contribute even more towards economic growth and development. In the majority of cases, major impediments to the realisation of SME’s potential are limited to the innovative capacity in entrepreneurial and business management skills, access to finance and advisory services, regulatory red tape (and in many cases incomprehensible and complex), lack of a coherent national strategy, expensive infrastructure, lack of access to finance and information and limited access to major trading firms and business networks.
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Member
Registered: May 2011
Posts: 1
Location: Florida
Financial growth is necessary for every country. SME is good to know. Nice information.
Member
Registered: May 2011
Posts: 1
Location: 677 S Main St, Cheshire, CT 06410
To increase the financial growth of a country the corruption should be reduced. It is the main reason why a country don't get developed in its economy.
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Member
Registered: May 2011
Posts: 1
Location: Cheshire
Legal frame work, bank lending, export should be started for SME.
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Member
Registered: May 2011
Posts: 1
Location: 2400 Ventura Blvd, Ste 245 Calabasas, CA 91302-1423
In many countries still SME plays a vital role in the growth of its economy.
So it will be really very helpful..
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Member
Registered: May 2011
Posts: 2
Thank you ^^
Member
Registered: May 2011
Posts: 2
Nice to meet you
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Member
Registered: Jul 2011
Posts: 1
Despite the SME sector’s significant contribution to economic development, however, it continues to experience diverse problems that hinder its growth and development. I am impressed by the quality of information on this website. There are a lot of good resources here.I am sure I will visit this place again soon.
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Member
Registered: Jul 2011
Posts: 1
You are an entrepreneur, what kind of specific product would you suggest be designed for the SMEs sector?

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Member
Registered: Aug 2011
Posts: 3
Despite the SME sector’s significant contribution to economic development, however, it continues to experience diverse problems that hinder its growth and development.
Member
Registered: Aug 2011
Posts: 1
In many countries still SME plays a vital role in the growth of its economy jade jadeite
So it will be really very helpful..

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