{"id":{"repo_id":"namibia","oai_identifier":"oai:repository.unam.edu.na:11070/3778"},"canonical_url":"https://search.dev.ndltd.org/etd/namibia/oai:repository.unam.edu.na:11070/3778","repository":{"repo_id":"namibia","name":"University of Namibia","base_url":"https://repository.unam.edu.na/server/oai/request"},"display":{"title":"Investigating the role of financial literacy in the financial sustainability of micro-businesses at Bokamoso Entrepreneurial Centre in Namibia","abstract":"This study investigated the role of financial literacy on the financial sustainability of micro-businesses at the Bokamoso Entrepreneurial Centre in Namibia. Data was collected from 18 micro-business owners operational in the Centre. The study employed a qualitative method using an interview guide to conduct face-to-face interviews. Results show that 89 percent of micro-business owners are financially illiterate and this affects the financial sustainability of micro-businesses. Furthermore, the study revealed that all micro-businesses in the centre do not have access to funds in the formal financial market. This may be caused by micro-business owners’ low level of financial literacy that reduces their confidence to participate in the formal financial market and this influences their financial decision-making. It was also revealed that politics, high collateral and lack of information are some of the major factors that prevent micro-businesses from accessing funds. The study also revealed that 78 percent of micro-business owners have bad financial attitude. As a result, the study recommends for financial education to be introduced in schools from primary school level. There is also a need for major players in the financial market to conduct seminars to create awareness and make information available to the micro-business owners.","abstract_html":"This study investigated the role of financial literacy on the financial sustainability of micro-businesses at the Bokamoso Entrepreneurial Centre in Namibia. Data was collected from 18 micro-business owners operational in the Centre. The study employed a qualitative method using an interview guide to conduct face-to-face interviews. Results show that 89 percent of micro-business owners are financially illiterate and this affects the financial sustainability of micro-businesses. Furthermore, the study revealed that all micro-businesses in the centre do not have access to funds in the formal financial market. This may be caused by micro-business owners’ low level of financial literacy that reduces their confidence to participate in the formal financial market and this influences their financial decision-making. It was also revealed that politics, high collateral and lack of information are some of the major factors that prevent micro-businesses from accessing funds. The study also revealed that 78 percent of micro-business owners have bad financial attitude. As a result, the study recommends for financial education to be introduced in schools from primary school level. There is also a need for major players in the financial market to conduct seminars to create awareness and make information available to the micro-business owners.","abstract_has_math":false,"creators":["Fillipus, David"],"institution":"University of Namibia","degree_name":null,"degree_level":null,"degree_discipline":null,"degree_department":null,"school":null,"contributors":[],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2023,"date_issued":"2023","date_published":"2023","updated_at":"2026-07-27T20:22:09Z","subjects":["Financial literacy","Financial sustainability","Micro-businesses","Bokamoso Entrepreneurial Centre","Namibia"],"languages":["en"],"rights":[],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/11070/3778","outbound_label":"Handle","outbound_source":"dc:identifier.uri"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:creator","label":"Author","values":["Fillipus, David"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date.accessioned","label":"Dc Date Accessioned","values":["2024-02-12T06:36:10Z"]},{"key":"dc:date.available","label":"Dc Date Available","values":["2024-02-12T06:36:10Z"]},{"key":"dc:date.issued","label":"Date","values":["2023"]},{"key":"dc:publisher","label":"Institution","values":["University of Namibia"]},{"key":"dc:type","label":"Dc Type","values":["Thesis"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Financial literacy","Financial sustainability","Micro-businesses","Bokamoso Entrepreneurial Centre","Namibia"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language.iso","label":"Language (ISO)","values":["en"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier.uri","label":"Identifier URI","values":["http://hdl.handle.net/11070/3778"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["A thesis submitted in partial fulfilment of the requirements for the degree of master in business administration- Finance"]},{"key":"dc:description.abstract","label":"Abstract","values":["This study investigated the role of financial literacy on the financial sustainability of micro-businesses at the Bokamoso Entrepreneurial Centre in Namibia. Data was collected from 18 micro-business owners operational in the Centre. The study employed a qualitative method using an interview guide to conduct face-to-face interviews. Results show that 89 percent of micro-business owners are financially illiterate and this affects the financial sustainability of micro-businesses. Furthermore, the study revealed that all micro-businesses in the centre do not have access to funds in the formal financial market. This may be caused by micro-business owners’ low level of financial literacy that reduces their confidence to participate in the formal financial market and this influences their financial decision-making. It was also revealed that politics, high collateral and lack of information are some of the major factors that prevent micro-businesses from accessing funds. The study also revealed that 78 percent of micro-business owners have bad financial attitude. As a result, the study recommends for financial education to be introduced in schools from primary school level. There is also a need for major players in the financial market to conduct seminars to create awareness and make information available to the micro-business owners."]},{"key":"dc:title","label":"Title","values":["Investigating the role of financial literacy in the financial sustainability of micro-businesses at Bokamoso Entrepreneurial Centre in Namibia"]}]}],"canonical_facts":{"dc:creator":["Fillipus, David"],"dc:date.accessioned":["2024-02-12T06:36:10Z"],"dc:date.available":["2024-02-12T06:36:10Z"],"dc:date.issued":["2023"],"dc:description":["A thesis submitted in partial fulfilment of the requirements for the degree of master in business administration- Finance"],"dc:description.abstract":["This study investigated the role of financial literacy on the financial sustainability of micro-businesses at the Bokamoso Entrepreneurial Centre in Namibia. Data was collected from 18 micro-business owners operational in the Centre. The study employed a qualitative method using an interview guide to conduct face-to-face interviews. Results show that 89 percent of micro-business owners are financially illiterate and this affects the financial sustainability of micro-businesses. Furthermore, the study revealed that all micro-businesses in the centre do not have access to funds in the formal financial market. This may be caused by micro-business owners’ low level of financial literacy that reduces their confidence to participate in the formal financial market and this influences their financial decision-making. It was also revealed that politics, high collateral and lack of information are some of the major factors that prevent micro-businesses from accessing funds. The study also revealed that 78 percent of micro-business owners have bad financial attitude. As a result, the study recommends for financial education to be introduced in schools from primary school level. There is also a need for major players in the financial market to conduct seminars to create awareness and make information available to the micro-business owners."],"dc:identifier.uri":["http://hdl.handle.net/11070/3778"],"dc:language.iso":["en"],"dc:publisher":["University of Namibia"],"dc:subject":["Financial literacy","Financial sustainability","Micro-businesses","Bokamoso Entrepreneurial Centre","Namibia"],"dc:title":["Investigating the role of financial literacy in the financial sustainability of micro-businesses at Bokamoso Entrepreneurial Centre in Namibia"],"dc:type":["Thesis"]},"updated_at":"2026-07-27T20:22:09Z"}