A STUDY ON PROBLEMS FACED BY ENTREPRENEURS FOR LOANS PROVIDED BY CENTRAL GOVERNMENT

Abstract

An entrepreneur is commonly seen as a business leader and innovator of new ideas and business process. This study aims in analysing the problems faced by entrepreneurs during availing loans, provided by central government through banks. The objective mainly focuses on the entrepreneurs who are in the start-up stage in the new venture and who are in the requirement of financial assistance. The data required for the study is collected through structured questionnaire. ANOVA is used to analyse the factors which affect the entrepreneurs while availing loans and it is found out that the processing procedures were more when compared to other type of loans provided by private banks.