Possible Effective Fanancing Models for Entrepreneurship in South Africa: Guides from Microfinance and Venture Capital Finance
Kalu Ojah () and
Thabang Mokoaleli-Mokoteli ()
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Thabang Mokoaleli-Mokoteli: University of Witwatersrand
The African Finance Journal, 2010, vol. 12, issue 1, 1-26
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.
Keywords: Microfinance; Entrepreneurship; Venture Capital; Financing Models; South Africa (search for similar items in EconPapers)
JEL-codes: G1 G21 G24 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:afj:journl:v:12:y:2010:i:1:p:1-26
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