Benedict Arthur|Jackline Kinya Gitonga|Annette Serwaa Agyeman|Baffour Tutu Kyei
Financial determinants of SMEs performance. Evidence from Kenya leather industry
Zhongnan University of Economics and Law|Zhongnan University of Economics and Law|Zhongnan University of Economics and Law
small mediumsized enterprises smes one buoyant businesses global economy abundant resources fully exploited despite several revelations challenges smes little none comprehensively captured financial factors affecting performance smes particularly kenyan leather sector study explores financial factors affecting performance smes using case leather industry sector kenya study data collected administering questionnaires 300 respondents randomly chosen smes within kenyan leather sector study found financial literacy credit access tax statistically significant financial factors affecting performances smes result study recommends government increase commitment develop smes offering favorable tax rates tax exemptions smes especially leather sector kenya also smes heighten financial literacy help augment access credit