To Assess the Growth Rate of Small-Scale Clothing Industries in the Ho Municipality Ghana

CELESTINE ELIKEM DZITSE; EMMANUEL SEFENU TOGOBO1

1

Publication Date: 2023/12/08

Abstract: Small scale clothing industryhas a significant impact on the economy of any country because it gives employment to the people. Small scale clothing industry helps to cultivate the managerial and entrepreneurial abilities required as the foundation for medium sized local investments in medium and large-scale industries. Indeed, many small-scale clothing industries in Ghana cannot expand while majority of technocrats could not establish themselves. This study examines the problems associated with the small-scale clothing industries that are hindering their expansion as well as the role of technocrats in the clothing industry, using Ho Municipality as a case study. Descriptive survey was used to obtain information from a sample of people.Purposive sampling technique was used to draw sample of forty (40) respondents.The study revealed that the small-scale clothing industries were faced with challenges such as inability to assess funds from financial institutions, lack of collateral, high interest rates and record keeping. It was recommended that the financial institutions must make funds accessible to the small-scale clothing industries with lower interest rates. More vocational training schools should be established and people who have learnt sewing through apprenticeship must also go through formal training for at least six months.

Keywords: Fashion,Clothing, Small-Scale Manufacturing, Industry.

DOI: https://doi.org/10.5281/zenodo.10297764

PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT23NOV2382.pdf

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