Access to credit is essential for the development and growth of firms. For a small open economy like Mauritius, the ability of firms to enter export markets is essential for their growth and development, given that the size of the local market is quite limited. To increase sales and profitability, firms have to export. However, there are several costs that are invo...

This relationship between access to financing and firm characteristics was studied. The authors used data from a survey of small and medium-sized enterprises from Mauritius, an island economy that is part of the sub-Saharan African continent. They examined the factors that affect the ability of firms to gain access to financing. Using the principal component analys...