Table:
immigrant owner
canadian-born owner
total

kbi firms
other firms
kbi firms
other firms
kbi firms
other firms

percent

credit from financial institution
12.3
37.7
22.0
45.9
19.3
44.0

personal financing
77.6
83.5
88.4
81.4
85.4
81.9

retained earnings
11.3
15.7
9.3
12.6
9.8
13.3

trade credit from suppliers
3.1
17.3
6.8
20.0
5.8
19.3

leasing
4.3
13.4
7.9
12.7
6.9
12.9

government grant or lending
4.5
4.1
5.9
6.0
5.6
5.6

friends or relatives
16.1
17.7
10.7
15.6
12.2
16.1

angel investors or venture capital providers
6.6
2.8
5.8
2.7
6.1
2.7

Statement: only 12% of immigrant-owned kbi start-ups turned to debt financing from a formal financial institution.
Question: what percent of immigrant-owned kbi start-ups turned to debt financing from a formal financial institution?
Answer: [12.3]