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Myanmar Business Survey

Page 48

Annexes

45. Has your firm borrowed from external source(s) either formally or informally? Yes

No

1

2

If yes, please explain why. Circle suitable options below. a. Expansion

1

f. Investment in land and buildings

6

b. Diversification

2

g. Investment in machinery, vehicles, equipment

7

3

h. Trade finance

8

d. Working capital (e.g., payment for supply, rent)

4

i. Paying back loans to other sources

9

e. Human resources (e.g., salaries, recruitment and training)

5

Others, please specify:

c.

R&D, technology or product/service development

46. To what extent do you think each of the following statements describes the present situation to obtain loans from external source(s)?

Strongly disagree

Strongly agree

a.

Collateral/guarantee requirements are too stringent

1

2

3

4

5

6

b.

Financial disclosure requirements are too strict

1

2

3

4

5

6

c.

Credit rating is too strict

1

2

3

4

5

6

d.

The interest rate is too high

1

2

3

4

5

6

e.

The term (i.e., the length of time) of the loan is too short

1

2

3

4

5

6

f.

The size of the loan is too small relative to financing needs

1

2

3

4

5

6

g.

The procedures for the loan applications are too complicated and time consuming

1

2

3

4

5

6

h.

Banks provide poor customer services for businesses

1

2

3

4

5

6

i.

Banks do not understand your financing needs

1

2

3

4

5

6

j.

Banks cannot provide timely services

1

2

3

4

5

6

k.

Banks are too far away (physical access to banks)

1

2

3

4

5

6

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