DOES FINANCIAL ASSISTANCE FAVOR SUCCESS OF DAKAR PERI-URBAN MICROENTREPRENEUR?
DOI:
https://doi.org/10.5281/zenodo.14696328Keywords:
unemployment; micro-entrepreneur; financing; assistantship; independent entrepreneurs.Abstract
The objective of this study is to show the determining factors of the integration by the microenterprise within the framework of the assistance of the young people and unemployed people. It is carried out in the periurban area of Dakar on micro-entrepreneurs who have managed to survive and support themselves thanks to their activity. The work has shown that beyond training, microentrepreneurs need financial support to succeed. Thanks to an original database of 135 small selfemployed entrepreneurs, we use a statistical and multiregression analysis to assess the relationships between the lifespan of the studied companies, the amounts invested at the beginning and age, and the success of the small self-employed entrepreneur. We found that the amounts invested at the beginning is the main determinant of the success of entrepreneurship. Indeed, our results show that a rise of the amounts invested at the beginning increases the probability of success of the small selfemployed entrepreneurs. The variables like Age and Life span are not significant meaning they have no effect on the success of small self-employed entrepreneurs.
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