An empirical investigation of Ivorian SMEs access to bank finance: constraining factors at demand-level.

Ghimire, Binam; Abo, Rodrigue

Abstract

This paper investigates the issue of inadequate funding among SMEs operating in Cote D'Ivoire. Data was collected from SMEs operators in both urban and rural areas. The research applies probability sampling, cross-tabulation and correspondence analysis techniques. The paper finds information asymmetry and inadequate collateral as two major constraints that limit the flow of credit from banks to SMEs. The findings reveal that this phenomenon is more recurrent in the micro-enterprises compared to small or medium enterprises.

Citation

GHIMIRE, B. and ABO, R. 2013. An empirical investigation of Ivorian SMEs access to bank finance: constraining factors at demand-level. Journal of finance and investment analysis [online], 2(4), pages 29-55. Available from: https://www.scienpress.com/journal_focus.asp?main_id=69&Sub_id=IV&Issue=988

• Journal Article Type: Article
• Acceptance Date: Sep 10, 2013
• Online Publication Date: Nov 30, 2013
• Publication Date: Dec 31, 2013
• Deposit Date: Aug 20, 2024
• Publicly Available Date: Aug 20, 2024
• Journal: Journal of finance and investment analysis
• Print ISSN: 2241-0988
• Electronic ISSN: 2241-0996
• Publisher: Scienpress
• Peer Reviewed: Peer Reviewed
• Volume: 2
• Issue: 4
• Pages: 29-55
• Keywords: Small and medium enterprises (SMEs); Small businesses; Medium businesses; Finance; Banking
• Public URL: https://rgu-repository.worktribe.com/output/2439572
• Publisher URL: https://www.scienpress.com/journal_focus.asp?main_id=69&Sub_id=IV&Issue=988