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Figure 7. Sources of funds for purchase of fixed assets

2.2.6 Sources of funds for purchase of fixed assets

About 86% of the respondents used loans from banks for the purchase of fixed assets. All of the respondents in the tourism sector used bank loans to finance fixed assets. Among the five sectors, the construction sector had the least percentage of respondents who used bank loans for purchase of fixed assets followed by manufacturing and agribusiness sectors.

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Figure 7. Sources of funds for purchase of fixed assets

All of the respondents in the ICT sector used bank loans and retained earnings in the purchase of fixed assets. The construction sector had the second highest percentage of respondents who used retained earnings to purchase fixed assets followed by manufacturing and agribusinesses.

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