4. Result of the Study
The study reveals that since 1999 when the Thai
government has issued financial regulations for
promoting SMEs, those qualified SMEs are granted
loans (with loan insurance) through specific financial
institutes. SMEs venture capital fund and Thailand
Recovery Fund were set up to support capital raising
process of SMEs. Moreover, a center for providing
financial consultancy was also organized for SMEs.
The above three steps have been fully servicing,
however, there were no clearly defined objectives and
progressiveness assessable goals. The performance was
only assessed and reported as the amount of loan and
loan insurance granted to SMEs. In addition to that