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A Systems View Across Time and Space

Table 9 Loan application and reasons for not applying

From: Firm performance under financial constraints: evidence from sub-Saharan African countries

Did this company applied for credits or loan?

Yes

687 (19.83%)

Outcome of application

Approved

Rejected

In process

408

4

21

(94.22)

(0.92)

(4.85)

Category

Unconstrained

Constrained

NC

No

2778(80.17)

Reason for not applying

No need

Complex pro

Interest unfav

Coll. requ

loan size

Others

1248

290

475

343

55

289

(46.39)

(10.78)

(17.66)

(12.75)

(2.04)

(10.38)

Category

Unconstrained

Constrained

Constrained

Constrained

Constrained

Constrained

  1. Figures in brackets are percentages. Categories are based on the definition given in section Variables and descriptive statistics, the credit application information approach. Firms that have applied but their application is still in process during the survey are not considered (NC)