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