Monday, May 19, 2014

Is hard work the only reason for success?


Women being part of the society, they are the bread winners in most African societies.However most of women in the rural areas remain very poor despite a lot of their entrepreneurial efforts in production.



UNIDO (2001) stated that  many  women entrepreneurs in developing world are poor due to challenges like low level of education (lack of skills and technology), information, getting limited support from spouses, lack of access to capital and getting an okay from husband for securing loans, family caring roles (which limit their risk taking attitudes) high interest in running business deeply rooted in discriminatory socio-cultural values and traditions, particularly, in the policy and legal environment and in institutional support mechanisms.  In many instances, women are unable to benefit from available services, and must struggle to overcome or circumvent discrimination in business. This situation is different from that of women in advanced nations as they are recognized and are more prominent in the business world. 

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