Indigenous Construction Business Financing a Case Study of National Construction Corporation of Kenya
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Date
1987Author
Magare, Suleiman O
Type
ThesisLanguage
enMetadata
Show full item recordAbstract
Construction business requiresmore than more additional funds.
With some training, especially in the management of business, the
construction businessmen could raise enough funds internally so that the
need for external funds would not arise. However when there is a
genuine need for additional funds the indigenous construction businessmen
find it difficult to obtain the same. First there is the stiff
CO!ll,!JtILsotri, from other-.bus i nesasen , These bUGil!;;Gsme~ are also
inexperienced in the art of presenting -their need for additional funds.
They have also been in business "for a relatively short period and hence
the financiers would not be able to assess their previous performance.
The Government of Kenya created the National Construction Corporation to
help these indigenous construction businessmen in solving their
problems. In playing its role as financier of the indigenous
construction business the National Construction Corporation could adopt
practices that make it difficult for the ~ndigenous construction
businessmen to benefit effectively.
The main objective of this study was to evaluate the effectiveness
0= the National Construction Corporation as an instrument of financing
indigenous construction business.
Publisher
University of Nairobi
Rights
Attribution-NonCommercial-NoDerivs 3.0 United StatesUsage Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/us/Collections
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