IDEAS home Printed from https://ideas.repec.org/a/ids/ijeven/v4y2012i3p290-308.html
   My bibliography  Save this article

Micro enterprises and microfinance for business women in rural areas of South Africa - a case study of Ga-Rankuwa at the interface between first and third world

Author

Listed:
  • Heinz Eckart Klingelhöfer
  • Philip Olukayode Aiyepola
  • Ayodele Olatunji Adewunmi

Abstract

The majority of South Africa's rural population lives below the minimum living standard; basic amenities are lacking with low financial aid. This study, therefore, explores the nature of microfinance and micro enterprises in South Africa, the challenges, and sustainability. Choosing Ga-Rankuwa, a township near to Pretoria, the impact of microfinance on local business women is examined. Even at this interface between first and third world, micro business women face typical third world problems and microfinance service is still in a developing stage, while, in most cases, finance is the major problem for micro business. However, a survey shows that especially in such a situation, there is both the market potential and the infrastructure which allow for a successful implementation of microfinance, but the interface between first and third world demands for governmental help and community service as initial sparks. Once established, this interface situation promises good chances for microfinance sustainability.

Suggested Citation

  • Heinz Eckart Klingelhöfer & Philip Olukayode Aiyepola & Ayodele Olatunji Adewunmi, 2012. "Micro enterprises and microfinance for business women in rural areas of South Africa - a case study of Ga-Rankuwa at the interface between first and third world," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 4(3), pages 290-308.
    • Handle: RePEc:ids:ijeven:v:4:y:2012:i:3:p:290-308
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=48598
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijeven:v:4:y:2012:i:3:p:290-308. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=123 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.