- Version
- Download 0
- File Size 625.69 KB
- File Count 1
- Create Date May 27, 2025
- Last Updated May 27, 2025
Challenges and Opportunities Female Entrepreneurs Face in Ethiopia
The major challenges that female entrepreneurs face can be categorized into five areas:
Individual level Challenges: include lack of starting capital, lack of collateral assets, lack of education and information, fear of failure, and external locus of control
❖ Family and social Challenges: These include social and cultural pressures, low land ownership, and low access to capital
❖ Environmental-related Challenges: High rent of working areas, insufficient infrastructure, lack of technology and raw materials
❖ Institutional Challenges: include low trust of financial institutions in females, lack of credit facilities, bureaucratic obstacles, and low market access and information.
❖ Policy-related Challenges: Includes high tax and interest rates and the requirements set for borrowing.
