Abstract:
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.
More articles in The African Finance Journal from Africagrowth Institute Contact information at EDIRC. Series data maintained by Kirk De Doncker (). This e-mail address is bad, please contact .