Credit Financial Systems for the Small Enterprises in India

Abstract

A survey was conducted on the credit financing landscape for small businesses in Delhi, India, a concerning trend emerged, particularly affecting financially vulnerable entrepreneurs. The study revealed that numerous small business owners, particularly those with limited financial resources, encountered significant challenges when attempting to secure loans from public banks. Faced with stringent eligibility criteria and complex approval processes, these entrepreneurs found themselves in a position where accessing credit became a formidable task.