Size as a Determinant of Choice of Source of Entrepreneurial Finance for Small and Medium Sized Enterprises in Thika District
In this paper, the authors examine influence of firm size as a determinant of choice of source of entrepreneurial finance for small and medium sized enterprises in Thika district of Kenya. The study adopted an empirical descriptive survey study design. The population of interest comprised Small and Medium Enterprises (SMEs) in Thika District, a total of approximately 800 firms. Stratified random sampling was used to select a sample of 259 firms. The survey instrument was a questionnaire administered to the owners or finance managers. Analysis of data was done using descriptive and inferential statistics.