ASSESSMENTS OF CHALLENGES OF MICRO AND SMALL ENTERPRISES IN REDUCING URBAN POVERTY (the case of Wolkite town)

Abstract

The study was conducted to the assessments challenges of micro and small enterprises in reducing urban poverty Wolkite town. For this purpose, the researcher used both primary and secondary data. The primary data was collected from questionnaire and interview of the employees and Micro & small Enterprises in structured and unstructured ways. The secondary data was collected from different books, reports & the like. The researchers selected the respondents for questionnaire by probability stratified random sampling method. And the respondents for interview were selected by non- probability purposive sampling method. Finally, the researchers found out the following main finding as conclusion the main challenges of micro and small business enterprises in reducing urban poverty are lack of enough capital, lack of managerial skill and lack of awareness about the expansion of the micro and small business. As generally the researcher have been recommended as ,the owners of MSE lack of awareness about the business the government body that were founded MSE were create awareness towards owners by giving regular training program to strength the skill of the business owners made and the the government body that organize small scale enterprises work with other concerned department and official so as to eradicate the problem created by the their skill of micro and small business enterprises on the operation of their business