SOCIAL IMPACTS OF TROUBLED DEBTS RELATED TO MICRO AND MICRO ENTERPRISES

Document Type : Original Article

Authors

1 Faculty of Girls, Ain Shams University

2 Non-perforing Debt Department, The Board of Directors of the Social Fund for Development

Abstract

One of the features of small projects is the provision of employment opportunities for young people. This contributes to the advancement of social life. Every member of the humanitarian community, when working, feels that he is an active member of society and that he is a contributor to social development. Social security as a guarantee of a happy social life. Given the economic importance of small enterprises as the mechanism of the era in reducing unemployment and the various social, psychological and economic consequences resulting from it, this mechanism was introduced because of its advantages in the field of production and services necessitated by the need to exist alongside large enterprises. It is therefore necessary to work to increase the efficiency of these projects in Egypt and overcome all the difficulties they face to increase their role in the operation in particular and in the process of economic development in general.The study used the anthropological method through the use of a sample of the study population for some young men and women from Cairo and Fayoum governorate. The study tools used are questionnaire questionnaire and interview to collect data on the social effects of the bad debts associated with small and micro projects. (15) of the youth of Cairo governorate and (20) one of the youth of Fayoum governorate. The study has reached several conclusions, including the need to emphasize the pivotal role played by the small enterprise in most developed and developing countries, both as an effective tool to reduce unemployment and employment of youth and young and new graduates. The study recommends the importance of increasing coordination between the central ministries and local administrations to address bureaucratic obstacles Facing small and medium-sized enterprises. The economic climate must be stabilized by taking into account the position of small and medium enterprises when issuing serious laws and regulations affecting projects, Loans and lower interest rates.

Main Subjects