- Title
- Investigating challenges and barriers facing construction of small, medium-sized enterprises in credit accessibility in the South African construction industry
- Creator
- Balogun, O.A., Ansary, N., Agumba, J.N.
- Subject
- Credit accessibility, Challenges, Construction SMEs
- Date
- 2016
- Type
- Conference proceedings
- Identifier
- http://hdl.handle.net/10210/215071
- Identifier
- uj:21360
- Identifier
- Citation: Balogun, O.A., Ansary, N & Agumba, J.N. 2016. Investigating challenges and barriers facing construction of small, medium-sized enterprises in credit accessibility in the South African construction industry.
- Description
- Abstract: This study sought to investigate the challenges and the barriers facing Small and Medium –Sized Enterprises in South Africa construction industry in their quest to access credit from financial institutions for their business purposes. This study utilizes a combination of primary data emanating from structure survey questionnaires supplemented by secondary source of data from an extensive literature review, in order to present insightful commentary about credit accessibility with Construction SMEs in South Africa. The study was a cross-sectional survey that used semi-structured questionnaire to collect data from the sample. 50 questionnaires were distributed to Construction Company in Gauteng Province in in Johannesburg through a convenience sampling technique. The key barriers were identified include informational barriers, lack of managerial ability within construction SMEs. Limitation of the study have been note and recommendations for developing innovative approaches to making credit accessibility to construction SMEs in South African been discussed. The study contributes to the body of knowledge in the area of financing construction firm in developing countries in general, and in South Africa in particular.
- Language
- English
- Rights
- ©2016, authors
- Full Text
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