Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia

Ephrem Ahadu; Ageze Chufamo; Tsegaye Abie

doi:doi:10.11648/j.ajmse.20200503.12

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Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia

Ephrem Ahadu, Ageze Chufamo, Tsegaye Abie

Published in American Journal of Management Science and Engineering (Volume 5, Issue 3)

Received: 7 June 2020 Accepted: 24 June 2020 Published: 17 August 2020

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Abstract

Women’s entrepreneurship is considered to have a noteworthy part in economic development. The issue of women empowerment has been important for Governments and other non-governmental organizations. Both primary and secondary data was collected. The result of the study indicates that women entrepreneurs are exposed to various obstacles in the area of economy such as: limited access to loan and finance, difficulties in accessing markets, the lack of own land and inheritance, and difficulties in accessing raw materials. The main difficulties identified by women entrepreneurs in the area of legal and administrative functions in the survey are: high interest rates, high taxes, difficulties in getting a loan, insufficient support from Governmental and Financial institutions, and the lack of possibility to influence policy making. In relation to social and cultural factors, results from the survey are ambiguous. The government should create gender- neutral laws and policies to create a stimulating environment for potential women entrepreneurs. Therefore, government should offer different forms of support to women entrepreneurs such as: tax incentives and grants for starting a business. Additional effort should be directed to increase the quality of existing support to entrepreneurship development as well to designing new programs that would better alleviate the obstacles identified in this study.

Published in	American Journal of Management Science and Engineering (Volume 5, Issue 3)
DOI	10.11648/j.ajmse.20200503.12
Page(s)	32-41
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

Entrepreneurship, Hindrance, Women, Development, Prospect, Assessing

References

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APA Style

Ephrem Ahadu, Ageze Chufamo, Tsegaye Abie. (2020). Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia. American Journal of Management Science and Engineering, 5(3), 32-41. https://doi.org/10.11648/j.ajmse.20200503.12

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ACS Style

Ephrem Ahadu; Ageze Chufamo; Tsegaye Abie. Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia. Am. J. Manag. Sci. Eng. 2020, 5(3), 32-41. doi: 10.11648/j.ajmse.20200503.12

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AMA Style

Ephrem Ahadu, Ageze Chufamo, Tsegaye Abie. Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia. Am J Manag Sci Eng. 2020;5(3):32-41. doi: 10.11648/j.ajmse.20200503.12

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@article{10.11648/j.ajmse.20200503.12,
  author = {Ephrem Ahadu and Ageze Chufamo and Tsegaye Abie},
  title = {Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia},
  journal = {American Journal of Management Science and Engineering},
  volume = {5},
  number = {3},
  pages = {32-41},
  doi = {10.11648/j.ajmse.20200503.12},
  url = {https://doi.org/10.11648/j.ajmse.20200503.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajmse.20200503.12},
  abstract = {Women’s entrepreneurship is considered to have a noteworthy part in economic development. The issue of women empowerment has been important for Governments and other non-governmental organizations. Both primary and secondary data was collected. The result of the study indicates that women entrepreneurs are exposed to various obstacles in the area of economy such as: limited access to loan and finance, difficulties in accessing markets, the lack of own land and inheritance, and difficulties in accessing raw materials. The main difficulties identified by women entrepreneurs in the area of legal and administrative functions in the survey are: high interest rates, high taxes, difficulties in getting a loan, insufficient support from Governmental and Financial institutions, and the lack of possibility to influence policy making. In relation to social and cultural factors, results from the survey are ambiguous. The government should create gender- neutral laws and policies to create a stimulating environment for potential women entrepreneurs. Therefore, government should offer different forms of support to women entrepreneurs such as: tax incentives and grants for starting a business. Additional effort should be directed to increase the quality of existing support to entrepreneurship development as well to designing new programs that would better alleviate the obstacles identified in this study.},
 year = {2020}
}

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T1  - Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia
AU  - Ephrem Ahadu
AU  - Ageze Chufamo
AU  - Tsegaye Abie
Y1  - 2020/08/17
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DO  - 10.11648/j.ajmse.20200503.12
T2  - American Journal of Management Science and Engineering
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JO  - American Journal of Management Science and Engineering
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AB  - Women’s entrepreneurship is considered to have a noteworthy part in economic development. The issue of women empowerment has been important for Governments and other non-governmental organizations. Both primary and secondary data was collected. The result of the study indicates that women entrepreneurs are exposed to various obstacles in the area of economy such as: limited access to loan and finance, difficulties in accessing markets, the lack of own land and inheritance, and difficulties in accessing raw materials. The main difficulties identified by women entrepreneurs in the area of legal and administrative functions in the survey are: high interest rates, high taxes, difficulties in getting a loan, insufficient support from Governmental and Financial institutions, and the lack of possibility to influence policy making. In relation to social and cultural factors, results from the survey are ambiguous. The government should create gender- neutral laws and policies to create a stimulating environment for potential women entrepreneurs. Therefore, government should offer different forms of support to women entrepreneurs such as: tax incentives and grants for starting a business. Additional effort should be directed to increase the quality of existing support to entrepreneurship development as well to designing new programs that would better alleviate the obstacles identified in this study.
VL  - 5
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Author Information

Ephrem Ahadu

Department of Civic and Ethical Studies, Wachemo University, Hosaena, Ethiopia
Ageze Chufamo

Department of Civic and Ethical Studies, Wachemo University, Hosaena, Ethiopia
Tsegaye Abie

Department of English Language and Literature, Wachemo University, Hosaena, Ethiopia

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APA Style

Ephrem Ahadu, Ageze Chufamo, Tsegaye Abie. (2020). Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia. American Journal of Management Science and Engineering, 5(3), 32-41. https://doi.org/10.11648/j.ajmse.20200503.12

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ACS Style

Ephrem Ahadu; Ageze Chufamo; Tsegaye Abie. Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia. Am. J. Manag. Sci. Eng. 2020, 5(3), 32-41. doi: 10.11648/j.ajmse.20200503.12

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AMA Style

Ephrem Ahadu, Ageze Chufamo, Tsegaye Abie. Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia. Am J Manag Sci Eng. 2020;5(3):32-41. doi: 10.11648/j.ajmse.20200503.12

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@article{10.11648/j.ajmse.20200503.12,
  author = {Ephrem Ahadu and Ageze Chufamo and Tsegaye Abie},
  title = {Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia},
  journal = {American Journal of Management Science and Engineering},
  volume = {5},
  number = {3},
  pages = {32-41},
  doi = {10.11648/j.ajmse.20200503.12},
  url = {https://doi.org/10.11648/j.ajmse.20200503.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajmse.20200503.12},
  abstract = {Women’s entrepreneurship is considered to have a noteworthy part in economic development. The issue of women empowerment has been important for Governments and other non-governmental organizations. Both primary and secondary data was collected. The result of the study indicates that women entrepreneurs are exposed to various obstacles in the area of economy such as: limited access to loan and finance, difficulties in accessing markets, the lack of own land and inheritance, and difficulties in accessing raw materials. The main difficulties identified by women entrepreneurs in the area of legal and administrative functions in the survey are: high interest rates, high taxes, difficulties in getting a loan, insufficient support from Governmental and Financial institutions, and the lack of possibility to influence policy making. In relation to social and cultural factors, results from the survey are ambiguous. The government should create gender- neutral laws and policies to create a stimulating environment for potential women entrepreneurs. Therefore, government should offer different forms of support to women entrepreneurs such as: tax incentives and grants for starting a business. Additional effort should be directed to increase the quality of existing support to entrepreneurship development as well to designing new programs that would better alleviate the obstacles identified in this study.},
 year = {2020}
}

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TY  - JOUR
T1  - Assessing the Hindrances and Prospects of Women’s Entrepreneurship Development: The Case of Hosaena Town, Hadya Zone, SNNP, Ethiopia
AU  - Ephrem Ahadu
AU  - Ageze Chufamo
AU  - Tsegaye Abie
Y1  - 2020/08/17
PY  - 2020
N1  - https://doi.org/10.11648/j.ajmse.20200503.12
DO  - 10.11648/j.ajmse.20200503.12
T2  - American Journal of Management Science and Engineering
JF  - American Journal of Management Science and Engineering
JO  - American Journal of Management Science and Engineering
SP  - 32
EP  - 41
PB  - Science Publishing Group
SN  - 2575-1379
UR  - https://doi.org/10.11648/j.ajmse.20200503.12
AB  - Women’s entrepreneurship is considered to have a noteworthy part in economic development. The issue of women empowerment has been important for Governments and other non-governmental organizations. Both primary and secondary data was collected. The result of the study indicates that women entrepreneurs are exposed to various obstacles in the area of economy such as: limited access to loan and finance, difficulties in accessing markets, the lack of own land and inheritance, and difficulties in accessing raw materials. The main difficulties identified by women entrepreneurs in the area of legal and administrative functions in the survey are: high interest rates, high taxes, difficulties in getting a loan, insufficient support from Governmental and Financial institutions, and the lack of possibility to influence policy making. In relation to social and cultural factors, results from the survey are ambiguous. The government should create gender- neutral laws and policies to create a stimulating environment for potential women entrepreneurs. Therefore, government should offer different forms of support to women entrepreneurs such as: tax incentives and grants for starting a business. Additional effort should be directed to increase the quality of existing support to entrepreneurship development as well to designing new programs that would better alleviate the obstacles identified in this study.
VL  - 5
IS  - 3
ER  -

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