Financing Small and Medium-Sized Entreprises in Morocco: The Case of SMEs in the Béni Mellal-Khénifra Region

Financement des Petites et Moyennes Entreprises au Maroc: Cas des PME de la Région Béni Mellal-Khénifra

Afif Zineb and Mohamed Azeroual
Additional contact information
Afif Zineb: LEG - Laboratoire d'économie et de gestion (LEG), Faculté pluridisciplinaire de Khouribga (FPK), Université Sultan Moulay Slimane (USMS), Maroc
Mohamed Azeroual: LEG - Laboratoire d'économie et de gestion (LEG), Faculté pluridisciplinaire de Khouribga (FPK), Université Sultan Moulay Slimane (USMS), Maroc

Post-Print from HAL

Abstract: Small and medium-sized enterprises (SMEs) are a key driver of economic development through their contribution to job creation, innovation, and competitiveness. However, they face significant constraints related to access to finance. This study examines thefinancing methods used by SMEs in the Béni Mellal-Khénifra region through an exploratory quantitative approach. Data were collected via a questionnaire administered to 31 manufacturing firms. The findings reveal a strong reliance on self-financing and persistent difficulties in accessing bank credit, due to complex procedures, restrictive financial conditions, and stringent collateral requirements. Public financing schemes also appear to be underutilized, mainly because of limited information and unsuitable eligibility criteria. These results highlight the need to adapt financial instruments to the specific characteristics of SMEs in order to enhance their inclusion and strengthen their contribution to regional economic development.

Keywords: PME; modes de financement; obstacles de financement; Béni Mellal-Khénifra SMEs; PME modes de financement obstacles de financement Béni Mellal-Khénifra (search for similar items in EconPapers)
Date: 2026-09-12
New Economics Papers: this item is included in nep-ara, nep-cfn and nep-sbm
Note: View the original document on HAL open archive server: https://hal.science/hal-05504312v1
References: Add references at CitEc
Citations:

Published in African Scientific Journal, 2026, ⟨10.5281/zenodo.17107792⟩

Downloads: (external link)
https://hal.science/hal-05504312v1/document (application/pdf)

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:hal:journl:hal-05504312

DOI: 10.5281/zenodo.17107792

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().