Research Journal of Business Management1819-19322152-0437Academic Journals Inc.10.3923/rjbm.2014.508.522ThampraditNaphatrada FongsuwanWanno 4201484The financial cost of entrepreneurial borrowing in Thailand, in particular
Phuket, an island province with a large tourism and marine industry, is difficult
and expensive. With the bank of Thailands
recent rule changes, licensed yearly bank loans of greater than 15% are now
legal but the inability to get loans from legitimate sources still drives the
small borrowers into the arms of loan sharks who charge as much as 20% a month.
Still, these same licensed financial institutions continue to offer almost no
lending services to very small business operators, particularly street vendors
and wet market traders, because borrowers such as these lack financial and accounting
track records and are high-risk. In Bangladesh, however, the Grameen Bank microfinance
system implemented a revolutionary tool to eradicate poverty of the rural people
and overcome the many obstacles to lending, becoming the largest microfinance
bank in Bangladesh and probably the biggest microcredit organization in the
world. It provides loans to asset-less and landless poor people whom no commercial
bank will give a loan. This study is, therefore, focused on the mechanisms that
affect the 37% of all loans made within Thailand, specifically those made to
SMEs and various forms of entrepreneurs. The researchers, therefore, undertook
this study focusing on influences of knowledge management, organizational factors
and client responsibility that affect microfinance support. Phuket province
was selected, as it has a significant tourism and marine industry largely made
up of smaller, entrepreneurial enterprises.]]>Brimble, P., D. Oldfield and M. Monsakul,20022002Mainsah, E., S.R. Heuer, A. Kalra and Q. Zhang,20042004Chin, W.W.,2001Version 3.0,Chongvisal, R.,2010508199Chuta, E. and L. Carl,19841984pp: 296pp: 296Comrey, A.L.,1973Comrey, A.L.,197846648659Coyle, M., R. Wehrell and J. MacDonald,20062006pp: 137Dhanani, S. and P. Scholtes,20022002Dye, T.R.,201214th Edn.,Pages: 372Pages: 372Field, A.,20052nd Edn.,pp: 143-217pp: 143-217Gorsuch, R.L.,19832nd Edn.,Guadagnoli, E. and W.F. Velicer,1988103265275Guildford, J.P.,19542nd Edn.,Ha, T.T.,20062006Hair, Jr. J.F., R.E. Anderson, R.L. Tatham and B.J. Grabiowsky,1979Hair, J.F., R.E. Anderson, R.L. Tatham and W.G. Black,19985th Edn.,pp: 99-166pp: 99-166Harvie, C.,20082008pp: 149-186pp: 149-186Humphrey, A.S.,20052005Henseler, J., C.M. Ringle and R.R. Sinkovics,20092009pp: 277-319pp: 277-319Keller, G.,20098th Edn.,pp: 2-4, 313, 355pp: 2-4, 313, 355Lindeman, R.H., P.F. Merenda and R.Z. Gold,1980Pages: 444Pages: 444Loucks, E.S., M.L. Martens and C.H. Cho,20101178200Huang, I.W.,200323159176Iqbal, J.Z.,20022002Kajimo-Shakantu, K. and K. Evans,2007258097Kachembere, J.,20112011Likert, R.,1932140155Loo, R.,198356371374Lauro, C. and V.E. Vinzi,20042004Mayo, A.,2001Pages: 307Pages: 307Meengern, B.,20082008Valente, M.L.,20112011Mephokee, C.,20032003MoEA,20062006Natarajan, G.S. and D.A. Wyrick,20112011NESDB,20022002OSMEP,20032003OSMEP,20052005OSMEP,20072007OSMEP,20082008Pandya, V.M.,20122012pp: 426433Perotti, R.,19961149187Phuket News,20132013Piriyakul, M.,20102010Polsaram, P.,19981998Pongprasertchai, M.,20072007Regnier, P.,2000Pages: 181Pages: 181Shelton, R., T. Davila and P. Brown,200545156Rujithamrongkul, K.,20052005Saengsurathum, C.,20072007Sahakijpicharn, K.,20072007Ahmed, S.,2009359991010Ahmed, S.,20032003Stewart, T.A.,1997Pages: 278Pages: 278Sullivan, P.H.,19993132143Tangkoonsombati, C.,20062006Trainer, T.,2002295472The Nation,20122012Wiboonchutikula, P.,20022002pp: 213-226pp: 213-226Boontawan, W. and P. Montree,20102140155, (In Thai)Wongprasert, R.,20092009Khandker, S.R. and H.A. Samad,20142014Young, M.R.,1999172025Yunus, M. and A. Jolis,1998