The study was seeking to determine the challenges faced in the process of financing SMEs in Kenya... more The study was seeking to determine the challenges faced in the process of financing SMEs in Kenya, examine how commercial banks with specific reference to Fina Bank are trying to address these challenges and to examine the banking needs of Small and Medium Enterprise in Kenya. The study was a case study and the unit of study was Fina Bank (K) Limited and therefore, no sample in the study. Primary data was collected using structured questionnaires while the published financial statements for the bank were the main source of secondary data. The questionnaires were divided into three sections; section A addressed the background information on Fina bank; section B addressed SME products offered by the bank while section C addressed the challenges commercial banks face in the process of extending finance to SMEs. Out of 19 questionnaires distributed only 15 were filled and returned. This represented a response rate of 79% with a non-response rate of 21%. This was a good representation fr...
The study was seeking to determine the challenges faced in the process of financing SMEs in Kenya... more The study was seeking to determine the challenges faced in the process of financing SMEs in Kenya, examine how commercial banks with specific reference to Fina Bank are trying to address these challenges and to examine the banking needs of Small and Medium Enterprise in Kenya. The study was a case study and the unit of study was Fina Bank (K) Limited and therefore, no sample in the study. Primary data was collected using structured questionnaires while the published financial statements for the bank were the main source of secondary data. The questionnaires were divided into three sections; section A addressed the background information on Fina bank; section B addressed SME products offered by the bank while section C addressed the challenges commercial banks face in the process of extending finance to SMEs. Out of 19 questionnaires distributed only 15 were filled and returned. This represented a response rate of 79% with a non-response rate of 21%. This was a good representation fr...
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Papers by Jack Wasonga