By Kudzai Mubaiwa

The study investigated the challenges faced by Zimbabwean youth entrepreneurs in the multicurrency era. The objectives of the research were to: Determine what motivates youth entrepreneurship in Zimbabwe; identify the unique challenges faced by youth entrepreneurs across Zimbabwe’s provinces that are starting and running small businesses; recognize the contribution of the presently available Youth Development Funds and consider the specific financial service requirements and entrepreneurial support services required for youth-run enterprises to succeed. Focus groups of 15 respondents were conducted to gather data from 90 respondents in total. Cluster sampling alongside simple random technique was used for selection of candidates in each of six provinces. Data was also collected through interviewing the fund managers and analysed using descriptive statistics. Findings of the study showed that youth required a customized microfinance product offering for youth in business as a possible solution, as well as other ongoing enterprise support initiatives in the form of business and technical training, workspace, market linkages and a youth-friendly business operating environment.

(Culled from Academia.edu)

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