windows for SMEs. Six respondents (60%) already had SMEs departments. Figure 4.13 summarises the responses on the availability of Special Windows for SMEs in FIs. Figure 4.13: Special Window for SMEs in FIs Source: Field data, (2012) 4.3 Discussion of the Responses to Research Questions The general research question was access to financing had any impact to the “Has development of RE enterprises and technologies?” Specific research questions were Has finance provided to RE companies reached and benefited the intended end Is Providing Finance to Renewable Energy Companies a Promising Undertaking? Can a better and proper financing model be developed to attract local financial institutions start financing renewable energy activities? This discusses the findings as guided by research questions. 4.3.1 Impact of Access to Financing on Development of RE Enterprises Respondents (E+Co investees) were to indicate the impact of finance received on the development of their companies by responding to the statements as follows: Finance has contributed to achievement of set business goals. Finance has contributed to increase in sales volume. Finance has contributed to profitability of the enterprise. Figure 4.14: Finance has contributed to Achievement of set Business Goals
windows for SMEs. Six respondents (60%) already had SMEs departments. Figure 4.13 summarises the responses on the availability of Special Windows for SMEs in FIs. Figure 4.13: Special Window for SMEs in FIs Source: Field data, (2012) 4.3 Discussion of the Responses to Research Questions The general research question was “Has access to financing had any impact to the development of RE enterprises and technologies?” Specific research questions were Has finance provided to RE companies reached and benefited the intended end Is Providing Finance to Renewable Energy Companies a Promising Undertaking? Can a better and proper financing model be developed to attract local financial institutions start financing renewable energy activities? This discusses the findings as guided by research questions. 4.3.1 Impact of Access to Financing on Development of RE Enterprises Respondents (E+Co investees) were to indicate the impact of finance received on the development of their companies by responding to the statements as follows: Finance has contributed to achievement of set business goals. Finance has contributed to increase in sales volume. Finance has contributed to profitability of the enterprise. Figure 4.14: Finance has contributed to Achievement of set Business Goals