Constraints Facing the Micro and Small Enterprises: a Case Study of Selected Small Enterprises in Mwiki, Kasarani
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Date
2005
Authors
Bitutu, Sophia Obwocha
Journal Title
Journal ISSN
Volume Title
Publisher
Kenyatta University
Abstract
The essence of this research was to determine the major constraints that
influence the development of Micro and Small Enterprises in MwikiKasara i. During the past two decades a lot of attention has been drawn
to the important role that MSEs play in employment creation. The
government and other key players have taken positive steps to create an
enabling environment to support the creation and existence of MSEs.
However the growth and development of this sector has stagnated.
Many e itrepreneurs fail for reasons unrelated to the underlying viability
of the business, but instead for reasons such as the inability to manage
cash fl wand lack of skills. The purpose of this study was to determine
the constraints facing the micro and small enterprises in Mwiki. The
literatur ~ review looked at the existing constraints, which inhibit the
operations of MSEs and some of the positive measures that have been
institute by key players. The study used descriptive survey and simple
random sampling to create an appropriate sample. Data was collected
using c uestionnaires, interviews and through observation and then
analysed using descriptive statistics.
The stu y found out that the major constraints and the causes of the
constrai 11sfacing MSEs in Mwiki were due to lack of training in basicbusiness skills, inaccessibility to information and appropriate
technology, cumbersome compliance procedures and regulations, hightaxation, insecurity, unwillingness to take financial risk and
inacces ibility to credit facilities, high cost of electricity and frequent
blackouts.
The study concluded that the MSEs in Mwiki require support services as
identified by the study to overcome these constraints. Therefore a
concerted effort between the local community of entrepreneurs, policy
makers and NGOs is recommended to facilitate growth and better
business performance.
Description
Masters Thesis
Keywords
Small Enterprises, Micro Enterprises, Mwiki, Kasarani, Kenya