Greener Journal of Business and Management Studies

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Greener Journal of  Business and Management Studies  Vol. 4 (4), pp. 103-107, August 2014

 ISSN: 2276-7827 

Research Paper

Manuscript Number: 102113910


Challenges Faced by Small to Medium Scale Enterprises: A Case Study of Chitungwiza, Zimbabwe


*1Gombarume Fungai Brian and 2Mavhundutse Shingirayi


1Lecturer in Department of Intelligence and Security, Bindura University.

2Former Student in Department of Intelligence and Security, Department of Intelligence and Security Studies,

Bindura University of Science Education, P Bag 1020 Bindura, Zimbabwe.

*Corresponding Author’s Email: bgombarume @gmail .com, Tel: 263-71-7531-6, 7621-4,

Fax: 263-71-7534, Cell: 0772 929 778


The study sought to assess the challenges faced by Small to Medium scale Enterprises (SMEs) in Chitungwiza, Zimbabwe using data from 2010-2012.The other objectives were to discover whether SMEs were getting loans from financial institutions, to examine the impact of government policies on SMEs and to come up with strategies that lead to a vibrant SMEs sector. The descriptive survey method was used to elicit information from the respondents and a case study approach was used. The study was confined to Chitungwiza area where a sample of 100 SMEs was adopted. Data was obtained through interviews and distribution of questionnaires. From the research findings, it emerged that SMEs are not getting enough financial support from financial institutions. The study also revealed that an unstable macroeconomic environment was hindering SMEs sector growth. The study recommended that the government should set up a loan guarantee scheme and SMEs should formalize their activities to get financial support from the financial institutions.

Keywords: SMEs, Financial Institutions, Chitungwiza.


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