Financial status of small and medium scale enterprises based on non-wood forest products (NWFP) in Central Africa

Financial status of small and medium scale enterprises based on non-wood forest products (NWFP) in Central Africa

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Article ID: iaor20124192
Volume: 20
Issue: 11
Start Page Number: 112
End Page Number: 119
Publication Date: Jul 2012
Journal: Forest Policy and Economics
Authors: , , , , , ,
Keywords: forestry, developing countries, finance & banking
Abstract:

This paper analyses the financing gaps of small and medium forest enterprises (SMFEs) in two countries located in central Africa. Total capital required for the development of 151 pilot enterprises in Cameroon and the Democratic Republic of Congo was evaluated at US$ 1335025 out of which enterprises own contribution was 63% and the remainder was subject to external assistance. There was consistent variation in capital requirements, own contribution and level of assistance sought among the enterprises. The paper recommends the provision of both technical and targeted financial assistance to SMFEs in central Africa.

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