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Database research record2015·Ethiopia

Determinants of Micro and Small Enterprises Growth in Ethiopia: The Case of Nekemte Town of Oromia Region, Ethiopia

Fikadu Goshu Fufa

European Journal of Business and Management

Urban Farm DB summary

A study of 96 micro and small enterprises (MSEs) in Nekemte town, Ethiopia, found that educational status of MSE operators negatively affects business profitability growth. Additionally, the study revealed that microfinance institution (MFI) loan terms are too short for business operations, and most MSEs rely on personal savings for finance.