THE IMPACT OF MICROFINANCE INSTITUTIONS (MFI) ON SMALL AND MEDIUM ENTERPRISES (SME) IN KOSOVO

Year 2018, Volume: 2 Issue: 2, 97 - 104, 10.12.2018

Njomëza Tasha Luan Vardari , Dena Arapi

Abstract

Small and medium enterprises are the key factors
in the economy of a country. Their good development means that there are bigger
chances of employment and economic development of a country. In the other side microfinance
institutions offer services like loan and lecture programs to the individuals
and businesses with lower incomes and for those rural. Small and medium
enterprises are interconnected with microfinance institutions since the latest
provide a great financial help to these businesses, the opportunity to meet
their debts and other obligations. We have to consider that the main goal of
microfinance institutions is to help small and medium businesses.

Then, we have to emphasize that the main
goal of this work is:

·       
The review and
presentation of the importance of small and medium enterprises;

·       
The impact of microfinance
institutions on SME’s;

·       
Reasons and purposes of microfinance
institutions help.

Our survey is based on the literature,
publications and articles. Also, we are going to do questionnaires for small
and medium businesses. In this survey, we are going to use analytical and
descriptive methods. As a conclusion, we can conclude that the microfinance
institutions have a great impact on small and medium enterprises.

Keywords

Enterprise, Innovation, Microfinance, Institution

References

• Finca: www.kosovofinca.org
• Information Resources Management Association,2013. Small and medium enterprises: Concept, Methodologies, Tools and Applications.
• KepTrust: www.keptrust.org
• Kosovo International Trade Guide. http://www.itg-rks.com/sq/Getting started
• KRK: www.krk.org
• Mersland R. (2014). Microfinance Institutions: Financial and Social Per-formance. Palgrave Macmillan UK
• OECD. (2016). Small and medium enterprises report