Challenges faced by female entrepreneurs within small and medium-scale entreprises (SMEs): A study of the saloon business in Ghana
Date
2011-04
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Abstract
This study is to find out the challenges faced by female entrepreneurs
within Accra, Ghana. Females have been identified as individuals that
encounter more obstacles in starting and growing their businesses as
compared to their male counterparts especially within informal small and
medium scale enterprises (SMEs) where they are pre-dominantly employed.
Thus, female entrepreneurs in Danquah Circle were participants of the study
in that women who owned and managed businesses in the saloon industry
were interviewed to further find out the constraints they encounter in
starting and growing their business.
Data was gathered for this research using secondary and primary data.
Secondary data involved the works of scholars and practitioners on the
subject under study. Resources such as the Internet, journals and newspaper
articles were sources used to collect data. On the other hand, secondary data
was used to collate the data from the outlined semi-structured interview
questions. Due the primary data, the above findings were gathered to
evaluate and analyze the situation of the entrepreneurs in the hair and
beauty industry.
Recommendations and conclusion were made based on the
findings. Recommendations included banks to have a specific loan
portfolio for women entrepreneurs in SMEs.
Description
Thesis submitted to the Department of Business Administration, Ashesi University College, in partial fulfillment of Bachelor of Science degree in Business Administration, April 2011
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Keywords
Ghana, women entrepreneurs, Accra, small and medium scale enterprises (SMEs)