The small projects are considered as the main brick for building a high
economical edifice in developing countries, but such enterprises are facing many
challenges in developing countries due to economic openness which is imposed
by globalization
phenomena with its different mechanism and its political,
cultural, technological, managerial, and economical dimensions.
The research aims to show the reality of small and micro-loans,
provided by the first small in Lattakia province, micro and small
business finance institution, as well as the statement of the actions
taken by the micro-finance institution to mitig
ate the effects of the
crisis and the faltering of small loans and micro granted from the
point of the enterprise view that.
The research aimed to identify the microfinance difficulties faced by the beneficiaries of
the financing of the National Microfinance Institution and its impact on the target group in
terms of improving living conditions, encouraging individual ini
tiatives and increasing
employment opportunities. The research was based on the descriptive approach. A random
sample of 200 beneficiaries The researcher excluded (9) questionnaires for lack of validity
for the statistical analysis, thus the number of remaining questionnaires valid for analysis
(178) was identified, with a response rate of (89%). . The study found a number of results,
the most important of which are: The beneficiaries of the financing of the National
Microfinance Institution face funding difficulties at the start of the project. The loan
interest is very high, the loan ratio is low compared to the size of the loan required,
Scheduling, routine and administrative procedures when submitting a loan application, the
long period of time to obtain approval for a loan application, insufficient repayment
periods, and tightening of the guarantee application. The results showed that the funding
provided by the National Microfinance Institution did not play the required role in
improving the standard of living, encouraging individual initiatives and increasing
employment opportunities.