Determinants of Loan Repayment in Group Owend Mses : Evidence from Northern Ethiopia

Micro and Small Enterprises are the real engines for economic growth and development especially for developing countries. Because, developing countries have huge population with poor economy that can not create enough employment opportunity for their citizens. Hence, MSEs do play great role in absorbing such huge unemployment in developing countries since MSEs are labor intensive. In addition, MSEs also do play a vital role in ensuring fair and equitable income distribution among society there by creating prosperous and socially stable society.