FACTORS AFFECTING THE PERFORMANCE OF WOMEN ENTREPRENEURS IN MICRO ...

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