The Contribution Of Micro Finance Institution On Business Startup The Case Of Tigrai Credit And Saving Institution

The main objective of the study to examine the contribution of micro finance organization economic developments in terms of country as source of finance for new entrepreneurs to start new business and helps to expand the existing business. Data for this study are drive from both primary and secondary source. The researcher choice is not 143 clients and 123 clients. The respondents were undertaken by using simple random sampling techniques. The study confirms that there exists significant difference in survival rate between clients and non-clients. The data obtained were analyzed using Kaplan Meir and Cox regression analysis, this shows that six, do personal business experience, equb, edirt, education levels and capital are significant predictor for the survival of the business. A separate Cox proportion hazard rate estimation that provides six; Education Level of the respondents, age and equb edir have a better success and the new entrepreneurs and the existing traders. The funding from this study has important implications for new entrepreneur's traders and policy makers. This work is Dedicated for the people of Tigray.