Access to finance and women entrepreneurship development in the Kigezi subregion, Uganda
Women entrepreneurs are challenged by access to finance in their quest to start any entrepreneurial activity. Global business failures have not spared women entrepreneurs; hence, this study is very significant, as it may direct the path to new business venture creation by women entrepreneurs. Th...
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Main Authors: | , |
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Format: | Article |
Language: | en_US |
Published: |
Routledge Taylor & Francis group
2022
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Subjects: | |
Online Access: | http://hdl.handle.net/20.500.12493/688 |
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Summary: | Women entrepreneurs are challenged by access to finance in
their quest to start any entrepreneurial activity. Global business
failures have not spared women entrepreneurs; hence, this study
is very significant, as it may direct the path to new business
venture creation by women entrepreneurs. The provision of
financial support to a business enterprise does not guarantee its
success or growth. The study explored the role access to finance
plays in entrepreneurship development, the strategies that stimulate
women’s entrepreneurship, and the relationship between
access to finance and entrepreneurship development. We used
beta coefficients to quantify the effects of access to finance on
entrepreneurship development. The findings revealed that
women entrepreneurs find it difficult to access cheap and adequate
financial services. The study recommends increased funding,
development of good policies, and entrepreneurship training
and education for women-owned businesses in order to
strengthen women’s entrepreneurship development. |
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