PROBLEMS FACING WOMEN'S ENTREPRENEURSHIP
Abstract
Financial capital is a crucial and vital asset for the entire entrepreneurial process and without it, there is little hope in sustainable business growth as well as competitive advantage (World Bank, 2009). The gender gap in financial accessibility reported by various studies are an indication that women have a tougher time financing their businesses (Brush et al., 2014). This is attributable to the lower levels of entrepreneurial experience, participating in more marginally female-dominated sectors, gender bias and gender stereotypes in the lending process (Alesina et al., 2013 and Saparito et al., 2013).
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