Please use this identifier to cite or link to this item: https://hdl.handle.net/10321/5535
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dc.contributor.authorMsomi, Thabiso Sthembisoen_US
dc.contributor.authorZungu, Sphesihle Charlesen_US
dc.date.accessioned2024-09-18T14:27:02Z-
dc.date.available2024-09-18T14:27:02Z-
dc.date.issued2023-11-
dc.identifier.citationMsomi, T.S. and Zungu, S.C. 2023. Factors affecting small and medium-sized enterprises financial resilience post Covid-19 pandemic in South Africa. International Journal of Environmental, Sustainability, and Social Science. 4(6): 1822-1834. doi:10.38142/ijesss.v4i6.882en_US
dc.identifier.issn2720-9644-
dc.identifier.issn2721-0871 (Online)-
dc.identifier.urihttps://hdl.handle.net/10321/5535-
dc.description.abstractThis research paper aims to investigate the factors influencing the financial resilience of SMEs in South Africa in the aftermath of the COVID-19 pandemic. The study focuses on three primary factors: access to loans, the interest rates applied to these loans, and the structure of repayment plans. To achieve this purpose, a quantitative research methodology, guided by the positivism philosophical framework, was employed. The research selected 310 respondents who were SME owners representing various sectors. The data collection and analysis methods primarily involved multivariate regression analysis. The research revealed that access to loans, interest rates on loans, and the design of repayment plans exerted positive and statistically significant effects on the financial resilience of SMEs in the post-COVID-19 period. These factors displayed probability values of 0.005 and absolute values of 0.448, 0.456, and 0.432, respectively. These findings underscore the crucial role of these factors in determining the financial stability of SMEs. The study's implications are twofold. First, it suggests that financial institutions should streamline the process for SMEs to access financing, making it more accessible and accommodating. Furthermore, these institutions should tailor loan repayment options to better align with the unique needs of SMEs. Second, the research underscores the importance of offering financial education and support services to assist SMEs in enhancing their financial management skills and adaptability within the post-pandemic economic landscape.</jats:p>en_US
dc.format.extent13 pen_US
dc.language.isoenen_US
dc.publisherPT Keberlanjutan Strategis Indonesiaen_US
dc.relation.ispartofInternational Journal of Environmental, Sustainability, and Social Science; Vol. 4, Issue 6en_US
dc.subjectSmall and medium-sized enterprises (SMEs)en_US
dc.subjectFinancial resilienceen_US
dc.subjectAccess to loansen_US
dc.subjectInterest ratesen_US
dc.subjectRepayment plansen_US
dc.subjectCOVID-19en_US
dc.titleFactors affecting small and medium-sized enterprises financial resilience post Covid-19 pandemic in South Africaen_US
dc.typeArticleen_US
dc.date.updated2024-09-18T13:19:18Z-
dc.publisher.urihttp://dx.doi.org/10.38142/ijesss.v4i6.882en_US
dc.identifier.doi10.38142/ijesss.v4i6.882-
item.grantfulltextopen-
item.cerifentitytypePublications-
item.fulltextWith Fulltext-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.languageiso639-1en-
item.openairetypeArticle-
Appears in Collections:Research Publications (Accounting and Informatics)
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