Demographic and business features of SMEs in Windhoek, Namibia: implications for bank financing and economic growth
Rauna Ndilokelwa Iitembu,
Solly Matshonisa Seeletse and
Mmboswobeni Watson Ladzani
Additional contact information
Solly Matshonisa Seeletse: Sefako Makgatho Health Sciences University
International Journal of Business Ecosystem & Strategy (2687-2293), 2025, vol. 7, issue 3, 394-407
Abstract:
This study examined the demographic and operational attributes of Small and Medium Enterprises (SMEs) in Windhoek, Namibia, and their ramifications for bank funding. The study analysed a sample of 66 small and medium-sized enterprise (SME) owners and operators, focussing on gender, education, age, company experience, yearly income, sector type, and business registration status. Findings indicate a prevalence of female entrepreneurs, a well-educated business populace, and an emphasis on middle-aged business proprietors. The data indicates that although a considerable number of SMEs were in the nascent phases of operation, the majority of enterprises were registered with the Business and Intellectual Property Authority (BIPA). The findings highlighted the capacity of financial institutions (FIs) to offer customised assistance to SMEs, particularly in varied and non-traditional industries, to foster sustainable economic growth in Windhoek. The study finishes with recommendations for banks to enhance services and assess the funding requirements of these enterprises according to their distinct characteristics and challenges Key Words: SMEs, financing, gender, education, Windhoek, Namibia, banks, business profile, economic growth, microfinance
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.bussecon.com/ojs/index.php/ijbes/article/view/817/502 (application/pdf)
https://doi.org/10.36096/ijbes.v7i3.817 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:adi:ijbess:v:7:y:2025:i:3:p:394-407
Access Statistics for this article
International Journal of Business Ecosystem & Strategy (2687-2293) is currently edited by Umit Hacioglu
More articles in International Journal of Business Ecosystem & Strategy (2687-2293) from Bussecon International Academy Bussecon International Academy, School of Business, IHU, Ordu cad. F-05 Blok No 3, 34480 Basaksehir, Istanbul, Turkey. Contact information at EDIRC.
Bibliographic data for series maintained by Umit Hacioglu ().