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Long term investment financing for small and medium size firms in Bangladesh : learning from the Belgian experience | |
Author | Chowdhury, S. M. Mainuddin |
Call Number | AIT RSPR no. SM-91-07 |
Subject(s) | Business enterprises--Bangladesh--Finance |
Note | A Research Study submitted in partial fulfillment of the requirement for the Degree of Master of Business Administration, School of Management |
Publisher | Asian Institute of Technology |
Series Statement | Research studies project report ; no. SM-91-07 |
Abstract | In recent years in many developing countries interest has been focused on Small and Medium Sized Firms (SMFs), for the employment generation and income distribution potential. However, at the early stages of SMF formation, they remain risky so funds from formal markets are seldom available. To encourage SMF growth, governments in many countries have taken special schemes which most of the time include soft loans to SMFs. Intermediaries and special support organizations are involved in delivering such services to SMFs in developing countries like Bangladesh. However, such government schemes failed to stimulate expected growth of SMF. Problems existed in functioning of intermediaries and support organizations. The objective of this study is to identify problems faced by Bangladeshi intermediaries and SMFs and find out some solutions to those problems from Belgian financing systems. This report starts out with a literature review on SMF barriers, common financing methods for early-stage firms, and risks that are encountered by intermediaries. Then SMF financing situation in Bangladesh is analyzed. The problems of intermediaries and SMFs related to long term financing are identified using secondary and primary sources. To get the input from other financing systems for searching solutions to some problems in Bangladesh, Belgian SMF financing methods and practices are analyzed. Then transferability of some Belgian methods and other possibilities has been critically reviewed and discussed. The author has long experience in the long-term investment financing which also contributed towards identifying the problems and suggesting solutions. The paper concludes by highlighting some important recommendations and suggesting further research scope. |
Year | 1991 |
Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. SM-91-07 |
Type | Research Study Project Report (RSPR) |
School | School of Management |
Department | Other Field of Studies (No Department) |
Chairperson(s) | Gougeon, Patrick; |
Examination Committee(s) | Soegaard, Ragnar;Ponson, Bruno; |
Scholarship Donor(s) | Government of France; |
Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 1991 |