Abstract
There are many benefits of utilising the small-scale contracting sector. Unfortunately, small contracting enterprises have great difficulty developing and expanding their businesses for a number of reasons but primarily:• By virtue of their size and turnover they are invisible to construction statistics.• The institutional framework which supports the construction industry in the majority of developing countries is very weak and underdeveloped.These factors lead to small construction enterprises having great difficulty in obtaining credit and financial resources. If government agencies and national organisations wish to develop their indigenous construction industry they must develop an understanding of the institutional framework that supports the industry, particularly the financial sector. They should also understand the risks, which can be assessed in financial terms, and proportion them according to the body best placed to bear them.
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