Author(s)

Joachem Meh Bin^1*, Sylvanus Ngoata Diangha², Moses Abit Ofeh¹

¹Faculty of Economics and Management, University of Bamenda, Bamenda, Cameroon.
²Faculty of Economics and Management, University of Yaoundé II, Yaounde, Cameroon.

This paper aims at evaluating the major determinants of access to credit and their impact on the sustainability of SMEs in Cameroon using the 2016 World Bank enterprise survey. The probit model and linear regression model were used and the results show that collateral security, experience, interest rates, corruption and size of loan are the major determinants of access to credit and access to credit has a positive impact on the sustainability of SMEs in Cameroon. From the results, we can recommend the government to formulate an entrepreneurship strategy that will enable the SMEs to have financial access.

Access to Credit, Sustainability of Enterprises, Probit Model, Linear Regression Model, Cameroon and SMEs

Bin, J. , Diangha, S. and Ofeh, M. (2021) Impact of Access to Credit on the Sustainability of Small and Medium Sized Enterprises in Cameroon. American Journal of Industrial and Business Management, 11, 705-718. doi: 10.4236/ajibm.2021.116046.