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Financing of Microenterprises: Access and Sustainability

Journal of Entrepreneurship & Management

Volume 7 Issue 2

Published: 2018
Author(s) Name: Gaurav Katoch | Author(s) Affiliation: Assistant Professor, Career Point University, Hamirpur, Himachal Pradesh, India.
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Abstract

In recent years the attention and the interest in entrepreneurship has increased especially in developing countries like India where both private and public sectors are not able to provide employment to large and young population of the country. The wider context in which this study is embedded is the various issues related to microenterprises in Himachal Pradesh. The paper discusses what the main sources of finance for these enterprises are and what constraints and disabilities/infirmities are faced by these enterprises in sustaining their production.

Keywords: Credit, Finance, Formal and Informal Finance, Microenterprises

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