Factors which Militate against the Youth Entrepreneurship in N’Djamena

Bichara, Doudoua H. K. and Tengeh, Robertson K. (2021) Factors which Militate against the Youth Entrepreneurship in N’Djamena. B P International. ISBN 978-93-90516-54-4

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Abstract

Although the country is endowed with plenty of natural resources, youth unemployment is still
alarmingly high.
Aim: To determine the factors which militate against the youth engaging in entrepreneurial activities in
N’Djamena, the capital city of Chad.
Method: A random sample 150 young Chadian entrepreneurs was selected from a research
population which comprised all of the young entrepreneurs in N’Djamena who were registered on the
databases of the FONAJ, a national fund which provides financial support to young entrepreneurs in
Chad, and the Trade and Personal Property Credit Register (TPPCR) of Chad.
Results: the paper revealed that young entrepreneurs in Chad were faced with obstacles such as a
lack of funding, a lack of support from the government for SMEs, and lack of encouragement and
financial support from their families. Although there are programmes to assist young entrepreneurs, it
was evident from the findings that many experience great difficulty in ensuring their businesses'
success and sustainability. Consequently, they still require additional support concerning funding,
equipment, and assistance and encouragement from their families, financial institutions, and the
government, in order to achieve success in their businesses. The paper concludes with appropriate
recommendations for both the government and the young entrepreneurs of N’Djamena to provide
relevant insights into how the youth can best be integrated into the entrepreneurial sector in the
interests of combating unemployment and enabling them to make a meaningful contribution to the
growth of the national economy.
Uniqueness: the paper validates the extent to which the current support systems mitigate the
problems faced by youth entrepreneurs.

Item Type: Book
Subjects: GO for STM > Social Sciences and Humanities
Depositing User: Unnamed user with email support@goforstm.com
Date Deposited: 11 Nov 2023 03:52
Last Modified: 11 Nov 2023 03:52
URI: http://archive.article4submit.com/id/eprint/2200

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