Nawai, Norhaziah and Mohd Shariff, Mohd Noor (2011) The importance of micro financing to the microenterprises development in Malaysia’s experience. Asian Social Science, 7 (12). pp. 226-238. ISSN 1911-2017
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Abstract
This paper aims to explore the importance of micro financing to the development of micro-enterprises (MEs) in Malaysia.MEs play a vital role in developing Malaysian economy.MEs accounted about 80% of the total Small and Medium Enterprises (SMEs) and 78.7% of business establishments in Malaysia.However, MEs face numerous problems such as lack of marketing, technology and credit facility.Therefore, micro financing is a choice to the MEs because it provides an easy, faster and convenient financing facility. The paper examines the microfinance programs offer to the MEs in Malaysia.The paper concludes that a small credit can help micro entrepreneurs to boost up their business.
Item Type: | Article |
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Uncontrolled Keywords: | Micro financing, Microenterprises development, Malaysia |
Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | School of Business Management |
Depositing User: | Prof. Dr. Mohd Noor Mohd Shariff |
Date Deposited: | 12 Jun 2016 07:50 |
Last Modified: | 12 Jun 2016 07:50 |
URI: | https://repo.uum.edu.my/id/eprint/18083 |
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