Financing Constraint On Smes’ Success In The Manufacturing Sector (case Of Cool Ice (pvt) Limited))

Abstract This research sought to unearth the role of financing in the sudden downturn in the operational cycle of Cool Ice Private Limited and its overall effect on SMEs’ viability in the manufacturing sector of Jaggers, Msasa, Harare Industrial Area. Literature was reviewed on the views of different writers on SME financing and linked to the Case study. The literature cited high borrowing costs, lack of collateral and high risk profile as the major constraints on SMEs financing. Various efforts by different stakeholders to address the problem of SME financing were drawn from different authors…