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Possible Effective Fanancing Models for Entrepreneurship in South Africa: Guides from Microfinance and Venture Capital Finance

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  • Kalu Ojah
  • Thabang Mokoaleli-Mokoteli

    ()
    (University of Witwatersrand)

Abstract

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.

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Bibliographic Info

Article provided by Africagrowth Institute in its journal African Finance Journal.

Volume (Year): 12 (2010)
Issue (Month): 1 ()
Pages: 1-26

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Handle: RePEc:afj:journl:v:12:y:2010:i:1:p:1-26

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Keywords: Microfinance; Entrepreneurship; Venture Capital; Financing Models; South Africa;

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