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

entrepreneurs, NGOs, banks and other supporting organizations. Lastly, Women
entrepreneurs in MSEs of the town should share experiences with other entrepreneurs in
other towns and regions so that they can learn a lot from best practices of those
entrepreneurs.
To MSEs heads:
MSEs Heads should design a different screening mechanism while selecting candidates
rather than using “one kebele member system”. Besides this, the minimum number of
members to form a cooperative should also be revised. Being in one/the same kebele
should not be a criterion to form a cooperatives association, rather members’ skill
compositions, their ethical attitudes and commitment to work should also be taken in to
account. Furthermore, keeping the minimum number of members to form an association
in to 10 is not reasonable, because what matters in not their number rather their
willingness and their relationship among themselves should also be considered. MSEs
should also discuss with municipalities and other administrative bodies to make women
entrepreneurs owners of working premised(land).They should also arrange mechanisms
through which women entrepreneurs in MSEs can easily access administrative bodies and
policy makers so that they can be beneficiaries of different governmental incentives such
as tax exemptions, decreasing interest rates on loans etc.
To Micro finances:
Micro finance institutes should change the practice of “group lending system” since
members in a group cannot have the same thinking level, attitude and commitment as
there are personal differences. Hence institutes should allow individual lending systems.
Micro-finances should also minimize the interest rates that they charge to women
entrepreneurs in MSEs so as to strengthen their entrepreneurial sprit. In addition Credit
services need to be reviewed in order for them to be accessible to small enterprises with
limited capacity. This has yet to be achieved despite the proliferation of microfinance
institutions alongside the MSE strategy. The procedures for securing loans must be
simplified or greater support offered by the lenders to support SMEs. Some microfinance
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