Unlocking Credit Access for Tanzanian SMEs: Key Determinants Revealed
The article examines why small businesses in Tanzania struggle to get loans from banks. The researchers looked at different factors like the size of the business, legal documents, and the owner's background. They found that having the right documents and a good financial history can help a business get a loan. However, many small businesses are still denied loans because they lack proper paperwork and education. The study suggests that Tanzania should create programs to help small businesses get loans more easily.