Assessing the impact of micro-lending programmes in the informal sector in Cape Town. A case study, The Nations Trust Organization
Abstract
The promotion of widespread entrepreneurship through the setting up of
small and medium sized enterprises (SMMEs ) is crucial for the
transformation to a market economy and the democratisation of society in
\the new South Africa. SMMEs are recognized as an engine of economic
\
\growth and a source of sustainable development. Within this sector micro
,
1nd small enterprises are of special importance because they are considered
as the cradle of entrepreneurship, particularly in environments facing high
ketllPIQYII'1:en!and poverty,. as j!) the case ~~.South Africg,