Global Journal of Management and Business Research, B: Economics and Commerce, Volume 23 Issue 1

education, shelter, health, good nutrition, clothing and clean piped water reticulation. This work has some limitations as follows: 1. The research should have been extended to other compounds in Lusaka urban district but was restricted to one (1) compound only due to financial constraints. 2. Some of the SMEs were not so open to share business information for fear of being attacked by the thieves and robbers. 3. The researcher took into consideration the tribal, religious, ethical, traditional and cultural beliefs of the respondents. 4. Some of the entrepreneurs never wanted to share both business and family information until after being paid. 5. The other entrepreneurs were not able to read and write; therefore they had difficulties to answer questions in the questionnaires. V. R ecommendations for F urther R esearch Recommended further researches should be done on the following areas: 1. The Post Office Microfinance Company which was introduced by the Zambian government in 2012 must be reintroduced to cater for both civil servants and business organizations. 2. Government credit unions should be introduced to enable entrepreneurs embark on the other financial products and services to ease the difficulties in the system and help serve the needs of the poor. 3. Reduction of interest rates; this proved as a deterrent to micro loans acquisition because most of the interest rates were quite high for business organizations. 4. The policies, rules, permits and other regulations on taxes and business registration should be relaxed to make it conducive to foster development of more businesses in Lusaka urban district. R eferences R éférences R eferencias 1. Abraham, H. and Balogun, I.O (2012) Performance of Microfinance Institutions in Nigeria: an appraisal of self-reporting institutions to Mix Market. 2. African microfinance transparency (2010) transverse analysis of MFIs in Africa, 3rd volume. 3. Anne Nørgaard Jørgensen (2011), the profitability of microfinance institutions and the connection to the yield on the gross portfolio- an empirical analysis. 4. Anne-Lucie Lafourcade, Jennifer Isern, Patricia Mwangi, and Matthew Brown, MIX (2005) over view of the performance of microfinance institutions in Africa. 5. Anaro B. (2006, July 18). CBN Microfinance will empower the poor and create jobs. 6. Bogan V., Johnson W., Mhlanga N., July 2007, “Does Capital Structure Affect the Financial Sustainability of Microfinance Institutions?” 7. CGAP Brief, (2011) the performance of microfinance institutions – a sub-Saharan review 8. Chimbamba Lopo, (2005) microfinance and micro credit to small scale entrepreneurs. 9. Christian Kitenge Moembo Kingdome (2004) The Performance of the Zambian Microfinance Industry: A special focus on the members of the Association of Microfinance Institutions in Zambia. Benefits the SMEs Derive from Microfinance Institutions on Empowerment and Poverty Alleviation in Chazanga Compound, Lusaka, Zambia 17 Global Journal of Management and Business Research Volume XXIII Issue I Version I Year 2023 ( ) B © 2023 Global Journals b) Limitations of the Research