BY

MEROYI .A. KEMI

TET DIVISION,LINKAGE & EXTENSION DEPT.,

FIIRO.

“ISSUES IN WOMEN ENTERPRENEURSHIP”

Globally, Entrepreneurs are the major Employers of Labour and the driving force of

most World Economy.

In recent times, issues bothering on women Entrepreneurship have been addressed

in different context globally, indicating the significance of the contribution of women

economically into their Nations, even when they were not given the right place in

society. In Nigeria women constitute 55% of the entire population, as a result of this,

more attention needed be paid to women entrepreneurship development. Moreover,

since evaluation of policies and programmes are central, modalities' for measuring

the impacts of Governmental policies on women entrepreneurial and economic

development, remains as an important research issue.

PREAMBLE

AIM

To understand Entrepreneurship from a Gender perspective, see issues

affecting this group, as well as challenges they face and need for acquisition of

entrepreneurial skills as an important factor to economic growth through

creation of an enabling environment for women and the expected impacts on

the economy as a whole..

An entrepreneur, is an individual that create a business idea, by using his Creative skills to convert business opportunities into profitable Enterprise, and assumes risk involved in the management of the business.

. Also an Entrepreneur is an individual that create a business idea by Producing, buying ,selling or supplying goods or services for money, especially one that involves taking risks.

WHO IS AN ENTREPRENEUR?

Gender is a term introduced by Feminist

scholars in the 70’s to distinguish between

biological sex of men and women.

 

• Natural Partnership

• Institutional Factors

• Welfare factor

• Ownership Ratio

A Comparison of Women Entrepreneur to Men Entrepreneur in Nigeria: EDC Portal

Characteristic Male Female

Business Registration 68% registered 34% registered

Business Location status 10% operate from Home 90% operate from Home

Number of workers employed

Average of 2 person per entrepreneur

Average of 1 person per entrepreneur

Capacity building 64% attend entrepreneurship Training

36% attend entrepreneurship Training

Source of Capital 70%(personal) & 30% (Family)

10%(personal) & 90% (Family).

Women only own 1% of the world’s property

In all Developing countries, women have fewer inheritance rights than men

In 2/3 of countries, legal rights of women decline with marriage

44 countries restrict # hrs women can work; 71 restrict types of industries

Value owner

Customer

Creativity

Achiever

Persistency

Flexibility Hardworking

Passion

Leadership

Knowledgeability

CHALLENGES SOLUTION Few female role models Get a Female Mentor. Network with

Organisation that promote women enterprise.

Lack of Experience Acquire skills and Knowledge needed to operate the Business .

Lacks confidence to take risk Be confidence in competition and be apt in taking right Decision

Barriers to getting credit

Technology Problem

Tap into windows of finance opportunities/grants available for women.Acquire new Technology to meet market demands and quality standard.

ISSUES ON WOMEN ENTREPRENEURSHIP PROMOTION

Table 1: Unemployment Rates (%) in Some Nations of the World Between 2003 AND 2011

Source: IMF, World Economic Outlook, 2012

Year Nigeria Egypt Malaysia Pakistan China

2011 23.9 12.1 3.1 6.0 4.1

2010 21.1 9.2 3.1 5.6 4.1

2009 19.7 9.4 3.7 5.5 4.3

2008 14.9 8.7 3.3 5.2 4.1

2007 12.7 9.2 3.2 5.3 4.0

2006 12.3 10.9 3.3 6.2 4.1

2005 11.9 11.5 3.6 7.7 4.2

2004 13.4 10.5 3.6 7.7 4.2

2003 14.8 11.3 3.6 8.3 4.3

Table 5: Global Hunger Index Country Ranking 2012

Country Rank GHI

Azerbaijan 1 5.0

China 2 5.1

Malaysia 3 5.2

Paraguay 4 5.3

South Africa 9 5.8

Swaziland 24 10.9

Senegal 35 13.7

Nigeria 40 15.7

Nigeria is ranked 9th on the list of nations living below poverty lineTable 7: Population Below Poverty Line (2012) Country Ranks (%)

Country Rank %

Nigeria 9 70

Senegal 12 54

Kenya 15 50

Malawi 13 53

South Africa 40 31.3

Lesotho 17 49

Cameroon 18 48

Netherlands 81 10.5

USA 70 15.1

Germany 71 15.5

Stakeholders

Government line ministries

Civil Society Organization

NGOs

Economic empowerment Poverty reduction /Job Creation Employment growth Decent working environment Political rights and full participation of

women Access to health and education Mental empowerment.

 

ORGANIZATION GIVING GRANTS TO WOMEN ENTREPRENEURS

GRANTS FOR WOMEN ENTREPRENEURS

www.bidnetwork.org,www.grants.govwww.kiva.org,www.awid.org,www.wto.org,www.genderandtrade.org,www.womeninoil.orgwww.usaid.gov,www.united success.com,www.crowfunding.com,www.sharepeople.nl,www.aauw.orgwww.sba.gov/womeninbusinesswww.eileenfisher.com/grants,www.un.org/milleniumgoals

WOMEN ENTREPRENEURS/ INTRAPRENEURS:

SUCCESS STORIES

Dr (Mrs) Gloria Elemo, DG/CEO FEDERAL INSTITUTE OF INDUSTRIAL RESEARCH

OSHODI

Mrs Folorunsho Alakija, GMD, Rose of Sharon

Group

Dr(Mrs) Ifueko Omoquiokaruo,DG, FIRS

Mrs. Adenike Ogunlesi, CEO, Ruff “n” Tumble

MO Abudu, CEO, VLA Ltd & Protea Hotel, Oakwood Park

Mosunmola Dosunmu, CEO, Health on Wheels & HealthServe Pharmacy

Ms Ola Orekunrin, D, Flying Doctors, Air

Ambulance Serv.

Otunba Bola Kufori j i -Olubi, CEO, VYB Ltd

Bedankt!!!

Esee oo!!!

Asante sana!!!

Orkun!!!

THANK U for Listening.

THANK YOU