MICROFINANCE AND FEMALE ENTREPRENEURSHIP IN NIGERIA

Umemezia Evelyn, Samuel J Osifo

Abstract


Nigerian women are in great numbers turning to entrepreneurship for succor in thesetimes of economic hardship. This activity which is supposedly meant to boost familyincome is also envisaged to have positive effects on national economy. However, theimpact of women’s entrepreneurial activity in Nigeria is below expectation due to thesevere financial constraints they encounter. Issues bordering on discrimination, socioculturalfactors, high illiteracy rate among Nigerian female entrepreneurs featurepredominantly in the list of hindrances. Government and individual femaleentrepreneurs have their parts to play in ameliorating the situation.

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