Examining challenges of SME'S towards their growth in Tanzania: A case study of SIDO-Mbeya

A dissertation submitted to the School of Business in partial fulfillment of the requirement for award of a Master degree of Business Administration in Corporate Management (MBA-CM) of Mzumbe University

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Autor principal: Hingi, Stephen
Formato: Tesis
Lenguaje:inglés
Publicado: Mzumbe University 2024
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Acceso en línea:https://scholar.mzumbe.ac.tz/handle/123456789/1431
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author Hingi, Stephen
author_facet Hingi, Stephen
author_sort Hingi, Stephen
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description A dissertation submitted to the School of Business in partial fulfillment of the requirement for award of a Master degree of Business Administration in Corporate Management (MBA-CM) of Mzumbe University
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spelling oai:null:123456789-14312024-10-09T08:55:45Z Examining challenges of SME'S towards their growth in Tanzania: A case study of SIDO-Mbeya Hingi, Stephen SIDO-Mbeya SME's Performance The Life Cycle Model Theory A dissertation submitted to the School of Business in partial fulfillment of the requirement for award of a Master degree of Business Administration in Corporate Management (MBA-CM) of Mzumbe University The general objective of this study was to examine the Challenges that SMEs are facing towards their Growth. The study was conducted in SIDO-MBEYA in Mbeya region. The study used descriptive research design. This study employed convenience sampling and purposive sampling to collect data from 100 business people, government officials and microfinance officials using interviews and questionnaires. The data was analyzed descriptively and presented through figures, tables and percentages. Quantitative data were collected through questionnaires which were processed using the Statistical Package for Social Science (SPSS). Generally, the study findings revealed that access to finance and credit facilities hugely affected the growth of SMEs within Mbeya city. Lack of or insufficient capital for expansion led to collapse of many businesses, Poor infrastructure like bad and dilapidated road networks greatly impacted negatively on the growth of SMEs due to delays in delivery, high cost of transport. This made some entrepreneurs to relocate to central easily accessible places thus losing their former client base, Socio-cultural factors had much impact on the growth of SMEs but due to modernity and diversity of our culture things has started to turn out well. The study also has revealed that education largely influence growth of SMEs at SIDO Mbeya. The study recommends that: the government should get involved in determining the interest rate and protecting the borrowers; the policies of the MFI, as guided by the Central. There is a need to improve ways of gathering customer information for the purpose of personalized marketing and service in the context of communication. Private 2024-10-09T08:55:41Z 2024-10-09T08:55:41Z 2019 Thesis APA https://scholar.mzumbe.ac.tz/handle/123456789/1431 en application/pdf Mzumbe University
spellingShingle SIDO-Mbeya
SME's Performance
The Life Cycle Model Theory
Hingi, Stephen
Examining challenges of SME'S towards their growth in Tanzania: A case study of SIDO-Mbeya
title Examining challenges of SME'S towards their growth in Tanzania: A case study of SIDO-Mbeya
title_full Examining challenges of SME'S towards their growth in Tanzania: A case study of SIDO-Mbeya
title_fullStr Examining challenges of SME'S towards their growth in Tanzania: A case study of SIDO-Mbeya
title_full_unstemmed Examining challenges of SME'S towards their growth in Tanzania: A case study of SIDO-Mbeya
title_short Examining challenges of SME'S towards their growth in Tanzania: A case study of SIDO-Mbeya
title_sort examining challenges of sme s towards their growth in tanzania a case study of sido mbeya
topic SIDO-Mbeya
SME's Performance
The Life Cycle Model Theory
url https://scholar.mzumbe.ac.tz/handle/123456789/1431
work_keys_str_mv AT hingistephen examiningchallengesofsmestowardstheirgrowthintanzaniaacasestudyofsidombeya