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Contribution of small and medium enterprise to the economic development of Rwanda

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par Valens NYANDWI
Universite Nationale du Rwanda - Licence 2013
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CHAPTER V : SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1. Summary

The aim of this chapter is to present a summary of the study, general conclusion and recommendations for improvement and areas for further research. The general objective was to assess the contribution of small and medium enterprises to the economic development of Rwanda.

Findings on the contribution of Huye water Enterprise as one of medium enterprise in economic development have been based on some of objectives presented in the earlier chapter and on the conceptual framework about role of small and medium enterprises in economic development of Rwanda. Views from other authors have been cited to provide a strong background for studying the effectiveness of small and medium enterprises on economic development of Rwanda and the case study of Huye water Enterprise was appropriate.

In the first chapter, the researcher tried to indicate the background of this study, the problem statement where the researcher tried to show how SMEs have not performed well in the economic development of Rwanda in reducing the Rwandan's trade imbalance and generate off farm employment; at this level objectives of this study are stated as well as its hypothesis.

In the second chapter, the review of what other researcher have so far done in this area of the assessment on the contribution of small and medium enterprises to the economic development has been given. Different views on SMEs have been advanced and discussed to provide theories upon which hypothesis are tested,

In the third chapter, the methodology aspects adopted by the researcher in carrying out this research is defined. Study variable were determined, sampling techniques used were also discussed; data collection also was defined for this research to collect both primary and secondary data. Primary data were collected using interview, survey as quantitative oriented research; secondary data were collected using extensive study and review of published and unpublished documents, reports of 10 years period 2003 - 2013.

In chapter four, the study design stated above demanded this research to cover historical records, currently published materials and information obtaining from interviews and observation. Therefore, it would be very helpful for the research to use an econometrics views (e-view) to do the analyzing job on econometrical records.

Moreover, since part of information will be in the form of description such as laws, regulations, policies and information obtaining from interview, other analyzing methods other than computer will be utilized.

Finally, the findings enabled the researcher to test the hypothesis. Basing on the findings the researcher confirms all hypotheses stated

5.2. Conclusion

The assessment of the contribution of small and medium enterprises to the economic development of Rwanda revealed that there was consensus among researchers and policy makers that SMEs play a pivotal role in economic development through the creation of employment opportunities, generating higher levels of production, increasing levels of exports and promoting innovation and entrepreneurial skills.

Despite their importance, SMEs face considerable challenges that inhibit their growth, which includes limited access to finance. The purpose of this study was to assess, through a research on the contribution of SMEs to the economic development of Rwanda, basing on Huye water enterprise.

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