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Finance for micro, small, and medium-sized enterprises (MSMEs) has been a concern for all stakeholders including … challenges faced by MSMEs in sourcing of finance during different stages of their life cycle. This study is a first … limitation in the identification and utilization of sources of finance. Data was collected through personal interviews using a …
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We analyze financial support for the entrepreneurial sector. State support can raise welfare by relaxing financial constraints, but it can also reduce lending standards if entrepreneurs substitute public sources of collateral for their own assets, if it encourages excessive entrepreneurial...
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