FACTORS AFFECTING THE PERFORMANCE OF WOMEN ENTREPRENEURS IN MICRO ...
FACTORS AFFECTING THE PERFORMANCE OF WOMEN ENTREPRENEURS IN MICRO ...
FACTORS AFFECTING THE PERFORMANCE OF WOMEN ENTREPRENEURS IN MICRO ...
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Micro Enterprises are those small business enterprises with a paid-up capital of not<br />
exceeding Birr 20 000, and excluding high technical consultancy firms and other high<br />
tech establishments.<br />
Small Enterprises are those business enterprises with a paid-up capital of above 20,000<br />
and not exceeding Birr 50 000, -- and excluding high technical consultancy firms and<br />
other high tech establishments.<br />
The Micro and Small Enterprises Sector is described as the national homes of<br />
entrepreneurship. It provides the ideal: environment enabling entrepreneurs to exercise<br />
their talents to the full and to attain their goals. In comparison with other countries it is<br />
known that in all the successful economies, MSEs are seen as a springboard for growth,<br />
job creation and social progress at large.<br />
Women entrepreneurs development in MSEs: difficulties and<br />
problems<br />
Schorling (2006) study shows that in Ethiopia's situation MSEs are confronted by various<br />
problems, which are of structural, institutional and economic in nature. Lack of Capital,<br />
market and working premises, marketing problems, shortage of supply of raw materials<br />
and lack of qualified Human resources are the most pressing problems facing MSEs.<br />
Although the economic policy of Ethiopia paid due emphasis for entrepreneurship values<br />
and appreciation of the sector's contribution to the economy, there are still constraints<br />
related to infrastructure, credit, working premises, extension service, consultancy,<br />
information provision, prototype development, imbalance preferential treatment and<br />
many others, which therefore need proper attention and improvement.<br />
According to GTZ as sited in http://www.bds-ethiopia.net/approach-tvet.html , women<br />
entrepreneurs in MSEs in Ethiopia are faced with a number of challenges. The following<br />
can be cited as the main ones.<br />
• Limited and for some complete lack of access to funds<br />
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