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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As one can see from the table above, majority of the respondents (75.14%) establish their<br />
enterprise in the form of cooperatives followed by joint ownership (13.71).The least<br />
number of respondents have a legal ownership of sole proprietorship business (1.02%).<br />
Reasons to start own business<br />
The motivators to establish own business are many in number and vary from individual to<br />
individual. The following table shows the reasons that women entrepreneurs in MSEs are<br />
motivated to start their own enterprises.<br />
Table 9. Reason to Start own Business<br />
Item<br />
Reasons to start own business<br />
42<br />
Number<br />
Percent<br />
Family tradition 21 10.66<br />
To be self-employed 42 21.32<br />
Brings high income 19 9.64<br />
Small investment is required 5 2.54<br />
No other alternative for incomes 104 52.79<br />
Others 6 3.05<br />
Total 197 100<br />
Table 9 above vividly shows that most of the respondent entrepreneurs (52.79%)<br />
establish their own business for the reason that they have no other alternatives for<br />
income.21.32% of the respondents start their own business since they want to be self<br />
employed. Only 2.54% of the respondents establish their own business because they<br />
believe that it requires a small investment.<br />
Who initiated and started the business?<br />
It is common that some start their own business with their own initiation and some others<br />
establish enterprises with family or friends as a partner. The table below shows the<br />
initiators of women entrepreneurs to start own business.