Amit Sharma

Type of Submission

Refereed Article


Small hospitality businesses such as hotels and restaurants are not only necessary for the development of these industries as whole but also have the potential of contributing to the economic development of sub-Saharan African nations. However, recent studies show that availability of financing remains a critical obstacle for such businesses in sub-Sahara region. This paper presents a descriptive analysis of evidence from Tanzania to highlight factors that are possibly leading to market failure for small hotel financing. Implications on policy interventions and industry practice are explored to counter such obstacles.