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  6. Towards Sustainable Development via Enha ...

Journal of Security and Sustainability Issues

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Towards Sustainable Development via Enhancing Viability of Small Businesses through Lending: a Case Study
Volume 9, Issue 3 (2020), pp. 943–950
Aizada Seisenbayeva   Nazira Gumar   Munira Imramziyeva   Sanimkul Lapbayeva   Nurgul Shmanova  

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https://doi.org/10.9770/jssi.2020.9.3(19)
Pub. online: 30 March 2020      Type: Article      Open accessOpen Access

Published
30 March 2020

Abstract

Sustainable development of any country is hardly possible without viable small business. The development of small businesses has a number of advantages, which are expressed in the activation of structural adjustment of the economy, providing freedom of market choice and additional jobs, ensuring rapid cost recovery, and rapid response to changes in consumer demand. Small business leads to saturation of the market with goods and services, overcoming industry and territorial monopolies, and increasing the level of competition. In Kazakhstan, state support for small and medium-sized businesses is multi-level in the implementation of measures to reduce the tax burden, implement a set of measures to facilitate access to credit resources, simplify administrative procedures and permits, and organize regional centers to support small and medium-sized businesses in cities and rural areas.

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Keywords
sustainable development small business lending tools sources funds programs manufacturers credit product financing services indicators

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M2 O30

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Generolo Jono Žemaičio Lietuvos karo akademija Šilo g. 5A., LT-10322 Vilnius, el.p: lka@mil.lt

General Jonas Žemaitis Military Academy of Lithuania  Šilo Str. 5A, LT-10322 Vilnius, Lithuania, e-mail: lka@mil.lt

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