International Journal of Innovative Research in Engineering and Management
Year: 2018, Volume: 5, Issue: 2
First page : ( 70) Last page : ( 75)
Online ISSN : 2350-0557.
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Ellen Mushimiyimana
Basing on the objectives of the study, the first objective was to assess whether GOSHEN FINANCE Ltd as a microfinance institution possesses the sufficient amount (bulk) of savings available to finance all projects creative entrepreneurs with the purpose of entrepreneurship initiative. According to the research, these entrepreneurs have met their main goal even though they hardly obtain loans because the bank requires collateral for these entrepreneurs and some of them are not able to get it. This may hamper the creativity of new business organization. Entrepreneurship improvement which is characterized by the introduction of new products, new organizations, entering of new markets that loads to increase the economic development improvement through the loan’ granted categorically as we have found in loan granted. After the research, it has been found that some entrepreneurs have tried to explore the available opportunities but still big numbers have not managed to do so, this is due to the insufficient training and knowledge in the fields they want to operate. It was found that entrepreneurship have not increase economic development improvement in the appropriate ways, saying that it has not met its main goal of increasing economic development as started and these entrepreneurs are recommended to create new business organizations that can at least create new products that can lead to creation of new income which income can at least increase social welfare than sharing already existing markets and income.
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Beijing Jiaotong University Department of Logistics Engineering, School of Economics & Management Beijing, China Mushimellen2020@gmail.com
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