An Assessment of Challenges Facing Micro-Enterprises in Mbalizi Town Council

Gabagambi, Florianus Lameck (2020) An Assessment of Challenges Facing Micro-Enterprises in Mbalizi Town Council. Masters thesis, The Open University of Tanzania.

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Abstract

This study assessed the challenges facing micro-enterprises growth in Mbalizi Town Council in Mbeya region. The study targeted a population of 1200 from the Mbalizi Town Council database. From the population, a sample of 110 respondents was targeted for data collection. The study was qualitative in nature. Data collected by the use of structured interview and research assistants were used as supporters to collect data from the target group. Data were analysed by the use of content analysis. The key findings of the study on challenges facing micro-enterprises were: lack of training, inability to access credit, and poor or unintended use of accessed micro-enterprise loans. The study also found that the training has done by financial institutions tended only to target on how to lend money. Therefore, they did not match with the need assessment of the business owners. The study recommends to the business owners to form business groups where the government can use them to deliver micro finance and entrepreneurial training and other support services. Likewise, the study recommends to the local government that, the operation and growth of micro-enterprises does not only rely on access to loans and other sources of fund, but also the creation of favourable business environment. The study also recommends to the local government specifically the Trade Department to make use of available resources for training micro-enterprises owners so that they manage their businesses such that they may become SME and later on Medium and large enterprises.

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