n African Finance Journal - Possible effective financing models for entrepreneurship in South Africa : guides from microfinance and venture capital finance
|Article Title||Possible effective financing models for entrepreneurship in South Africa : guides from microfinance and venture capital finance|
|© Publisher:||AfricaGrowth Institute|
|Journal||African Finance Journal|
|Author||Kalu Ojah and Thabang Mokoaleli-Mokoteli|
|Publication Date||Jan 2010|
|Pages||1 - 26|
|Keyword(s)||Entrepreneurship, Financing models, Microfinance, South Africa and Venture capital|
This paper assesses current business financing models that are used in South Africa to aid and/or encourage entrepreneurship as a means of job creation and poverty alleviation. We start by examining how microfinance fares in this attempt. We then suggest possible ways of addressing microfinance shortfalls in aiding entrepreneurship and sustainable enterprise development, by drawing on appropriate features of venture capital/angel finance and other complementary financing innovations.
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