The micro and small business sector is recognized as an essential component of economic development and a crucial element in the effort to lift countries out of poverty. External and internal factors are known to affect the growth of MSEs. The most important external factors influencing growth of MSEs include access to finance, competition, limited production/market place, lack of market for the product or service; and other barriers to trade.
The aim of this study was to assess challenges and opportunities of youth small micro enterprises /SMEs/development in boditi town in generally but specifically it helped to identify challenges of youth small micro enterprises /SMEs/ development in boditi town, indicate the opportunities of youth small micro enterprises /SMEs/ development in boditi town and explain who were responsible bodies to sole those challenges in small micro enterprises /SMEs/ development.
In this study both qualitative and quantitative method were employed. Cross-sectional study design was employed in line with sampling method which is purposive. Based on Yamane formula totally 394 respondents participated in this study through using employed methods such as in depth interview, key informant interview, FGD to collect qualitative data in detail and survey method to collect quantitative data through employing instruments such as interview guideline,
checklists, questioners etc. with audio recorder, note pads and camera. Data analyzed both qualitative and quantitative way and finding states that many challenges including skills and financial gaps and others but this limited with opportunities delivered from town administration and others stake holders. This includes. Providing youth revolving fund in form of loans and work places by municipality for youth SMEs. Also those and NGOs work in town to solve those
pronouncing challenges for development of youth SMEs.
Inhaltsverzeichnis (Table of Contents)
- Chapter One: Introduction
- 1.1 Background of the Study
- 1.2 Statement of Problem
- 1.3 Objective of the study
- 1.3.1 General objective
- 1.3.2 Specific objective
- 1.4 Significance of the study
- 1.5 Scope of the study
- 1.6 organization of the paper
- 1.7 Definition of terms
- Chapter Two: Review of the literature
- 2.1 Micro and Small Enterprises' Definition
- 2.2 Challenges and Opportunities facing MSMEs in Ethiopia
- 2.3 Factors Affecting Growth of MSEs in Ethiopia
- Chapter three: - Research Methodology
- 3.1 Research Approach and design
- 3.2 Description of the study area
- 3.3 Study population
- 3.4 Data Sources
- 3.4.1 Primary sources
- 3.4.2 Secondary sources
- 3.5 sampling methods and techniques
- 3.6 Methods of data Collection and instruments
- 3.7 Method of Data Processing and Analysis
- 3.8 Ethical consideration
- Chapter Four
- 4. Data analysis and interpretation
- 4.1 The socio economic conditions of respondents
- 4.2 The Challenges of youth small micro enterprises /SMEs/ development in boditi town
- 4.3 The opportunities of youth small micro enterprises /SMEs/ development in boditi town
- 4.4 The responsible bodies to sole those challenges in small micro enterprises/SMEs/ development
- Chapter Five
- 5. Recommendation and conclusion
- 5.1 Conclusion
- 5.2 Recommendation
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This senior essay research explores the challenges and opportunities of youth small micro enterprises (SMEs) development in Boditi town, Wolaita Zone. The study aims to identify the challenges faced by youth SMEs in the area, understand the opportunities available for their growth, and determine the roles of responsible bodies in addressing those challenges.
- The impact of external and internal factors on the growth of MSEs.
- The specific challenges encountered by youth SMEs in Boditi town.
- The opportunities available for youth SME development in Boditi town.
- The role of government and other stakeholders in supporting youth SME development.
- Recommendations for improving the development of youth SMEs in Boditi town.
Zusammenfassung der Kapitel (Chapter Summaries)
Chapter one introduces the study by outlining the background and context of the research. It emphasizes the crucial role of micro and small businesses in economic development and poverty reduction, highlighting their impact on employment generation, rural development, and entrepreneurship. The chapter also defines the scope of the study, its objectives, and the significance of the research.
Chapter two presents a review of the relevant literature on the subject, covering various aspects such as the definition of micro and small enterprises, the challenges and opportunities facing MSMEs in Ethiopia, and the factors affecting their growth. This chapter provides a comprehensive overview of existing knowledge and sets the stage for the empirical analysis conducted in subsequent chapters.
Chapter three delves into the research methodology employed in the study. It details the research approach and design, describes the study area and population, outlines the data sources and sampling techniques used, and explains the methods of data collection and analysis. This chapter provides a clear and transparent account of the research process, ensuring the rigor and reliability of the study.
Chapter four presents the analysis and interpretation of the collected data, focusing on the socio-economic conditions of the respondents, the challenges faced by youth SMEs in Boditi town, the opportunities available for their development, and the role of responsible bodies in addressing the challenges. This chapter provides detailed insights into the specific factors influencing the growth and development of youth SMEs in the study area.
Schlüsselwörter (Keywords)
The primary focus of this research revolves around youth small micro enterprises (SMEs) in Boditi town, Wolaita Zone, Ethiopia. It delves into the challenges and opportunities associated with their development, encompassing key themes such as access to finance, skills development, market access, and policy support. The study employs both qualitative and quantitative research methods to understand the intricacies of the SME sector in the region, highlighting the vital role of local government and stakeholders in fostering a conducive environment for SME growth.
- Quote paper
- Mamush Wana (Author), 2020, Challenges and Opportunities of Youth Small Micro Enterprises and SMEs. The Development in Boditi Town, Woliata Zone, Munich, GRIN Verlag, https://www.grin.com/document/1252934
