scholarly journals Influence of Financing on Performance of Small and Medium Women Owned Enterprises in Kwale County, Kenya

Author(s):  
Lenard Osiemo Obiria ◽  
James Rugami Maina

Studies done by researchers around the world show women are in entrepreneurship in major towns and rural areas of Africa. Financial institutions have developed various products to boost their entrepreneurial spirit together with government support programmes with an aim to avail credit and increase the success rate of women owned businesses. The study sought to determine the influence of capital on performance of small and medium enterprises owned by women entrepreneurs. The main variables under focus included; access to capital, working capital structure, capital affordability and government finance programs. The study will fill a research gap as there is no known study to have been done in Kwale county. The theoretical framework forming the basis of the study consisted of; resource-based theory, dynamic trade off theory and access to capital theory. A comprehensive literature review was given for each variable and their relationships highlighted. The study adopted a descriptive research design, a population of 2000 and a sample of 600 SME owners. Furthermore, the study used questionnaires for data collection that were hand delivered to respondents after validity and reliability through pilot testing techniques. Data collected was coded, sorted and analyzed by use of simple regression model with the help of Statistical Package for Social Sciences application. The study was conducted in line with ethical requirements by seeking permissions from the university and government institutions before commencement of the study. Data from 501 respondents was analysed representing 83.5% of the sample. The results indicated that access to capital, capital affordability, working capital structure and government finance programs had a positive influence on performance of women owned SMES. The study concluded that for women entrepreneurs to perform well in their business, efforts should put in place to ensure capital is made accessible, affordable while enlightening them on what alternatives sources of capital are available; whether from the government or private sector, for better working capital structure. Finally, the study recommended that studies should be conducted on influence of knowledge, skills and management styles on the performance of women owned SMES in Kwale County.

2020 ◽  
Author(s):  
Dalowar Hossan

The aim of this study is to investigate the factors influencing the entrepreneurial success of rural women entrepreneurs in Bangladesh. Non-probability sampling specifically convenience sampling is used to draw the sample and data is collected using the self-administered survey. Regression analysis and descriptive statistics are used to analyze the data. The study discloses that motivational factors, government policy and financial support have significant influence on the rural women entrepreneurial success in Bangladesh. Due to lack of suitable training and proper development as well as ICT knowledge, the rural women of Bangladesh could not accomplish the achievement. Half of the total populations of Bangladesh are female and most of them live in rural areas. Therefore, the government and the policymakers in Bangladesh should develop the potential of rural women entrepreneurs by providing development facilities, proper training, and ICT knowledge.


2017 ◽  
Vol 6 (2) ◽  
pp. 103
Author(s):  
Salim Ashar

Koperasi Pesantren Or abbreviated to Kopontren BIR ALY is one means learning for Robithotul Ulum boarding school students in order to foster an entrepreneurial spirit that is reliable in order to face the future life after they graduate from the school. As well as to foster independent spirit of entrepreneurship. In addition to being a place for moral development of students piety and learning Islamic sciences, pesantren should need also diversified specialty and featured scientific or practical expertise specific to diversify. That is, each boarding schools need to make the benefits (plus) certain that distinguish schools with each other pesantren, for example by increasing excellence in science expertise such as excellence expertise in the study of hadith, or discipline specific religion, or it could be in the form of practical skills other for example language skills, agricultural skills and other practical skills. The purpose of this study was to describe the role and functions of the Cooperative Pesantren Bir Aly As a Means Economic Empowerment in Robithotul Ulum Islamic Boarding Jatirejo Mojokerto. This study took place in the village of Jatirejo kec Jatirejo mojokerto kab. Jatirejo area known as agricultural areas, as well as many emerging companies and rock miners, many pesantren stand, a region still dominated rural areas. Economic development practices in boarding schools in order to sharpen practical skills for students, still need support from other parties to support, either from the government, private sector and society in general. Comparison between Turus and Pesantren Pesantren Baitul Hamdi in this case study is not intended as an effort to show which one is better, but rather as an attempt to describe variations in economic enterprise started piloted in boarding schools. Each has advantages and disadvantages that can be used as an ingredient to learn from each other. From this research, we can conclude several steps that can be done in the development of the economy in order to empower schools. Among the local authorities and the schools need to do (1) joint identification of potential schools and regional problems. Identification is required so that it develops economic activities in accordance with the carrying capacity of the environment; (2) establishing economic commodity that fits in a religious boarding school in accordance with the needs of the market that can be used to improve the common welfare; (3) develop a joint program that is based on empowerment schools, may be useful.


2021 ◽  
Author(s):  
Nargiz Phalavandishvili ◽  
◽  
Natalia Robitashvili ◽  
Ekaterine Bakhtadze ◽  
◽  
...  

Ajara Autonomous Republic, both within the country and in the world tourist market, has always been positioned as a maritime tourist destination. However, over recent years diversification of tourist products and appealing new market segments have become one of the main priorities of the tourism development strategy of Ajara Autonomous Republic. As a result, the government is creating an appropriate tourist infrastructure, especially in rural areas to support developing such tourist products as adventure and eco-tourism. Adventure tourism can deliver significant benefits at the local level and it is a developing segment in Ajara. Creating adventure tourism products requires integration of various interdependent services. A tourism value chain is defined as a system that describes the cooperation of private and state sectors in providing resources, which creates costs and adds value through various processes and delivers final products to visitors. The purpose of the research was to determine weak links in the value chain and creating a comprehensive value chain model to form the competitive adventure tourism product. The research involved all actors, which operate in the tourism sector. Based on the results of the survey, in the value chain, the food link turned out to be the weakest, whereas the accommodation with the highest share was distinguished in the visitor spending structure. Overall, the cost of the adventure tour will be affordable for both international and domestic tourists. At this stage, government support and participation are crucial in the formation of adventure tourism infrastructure. Through using the case study and qualitative research methods, we tried to identify challenges to the growth of adventure tourism in Ajara and developed recommendations to overcome these challenges.


2021 ◽  
Vol 37 ◽  
pp. 00181
Author(s):  
Maria Tyapkina ◽  
Viktor Samaruha ◽  
Elena Ilina ◽  
Yulia Mongush

The article aims to describe structural changes in the agrarian sector of Irkutsk region caused by the government support for small businesses, simplified procedures for farm registering, accounting for property and production results, and taxation, which contributed to the development of peasant farming. The government support is required, but it can change the structure of areas and gross grain crops since peasant farms increase quantitative indicators rather than improve quality parameters (yield, productivity). This is especially true for the animal husbandry sector. With changes in government policies and decreasing government support, it will be difficult for individual farms to exist, since they lag behind collective farms in terms of maneuverability, financial capabilities, production and credit resources, which can cause new structural changes in a benefit for agricultural holdings. The government policy aimed at preserving the traditional way of life of the rural population should stimulate both the development of rural areas and agricultural production, and prevent the disintegration of collective farms that have competitive advantages


Author(s):  
Sanchen Henning ◽  
Kabira Akoob

Background: Informal women entrepreneurs in the rural villages of North-West strive to progress from poverty to prosperity. There is a growing appreciation that the conditions that support women’s ability to start and grow ventures may be different from those that help men and therefore there is a need to examine the motivational factors affecting women’s enterprise development.Aim: The study aimed to identify the motivational factors of women in the Mahikeng area to start informal enterprises, the barriers they experience and their developmental business needs.Setting: The study focussed on informal women entrepreneurs in the rural villages of Mahikeng in the North-West province.Methods: In total, 80 face-to-face questionnaires were completed with women entrepreneurs. A principal component analysis of 15 items of the total questionnaire was performed on the data to determine which items could be reduced and transformed into new components.Results: ‘Destitute conditions’, ‘Entrepreneurial Spirit’ and ‘Passion for Product’ emerged as the three underlying motivational factors. The component ‘Destitute conditions’ was ranked as the most important reason for starting an informal business. The need to transcend impoverished conditions (a push factor) and the need for self-determination (a pull factor) were almost equally strong amongst the 80 participants. ‘Lack of financial and business skills’ was ranked as the biggest obstacle to keeping the business running. Ninety-one per cent of the women entrepreneurs reported that they had never received any training from the government or the private sector.Conclusions: Access to basic infrastructure, training, funding and business networks will enable self-efficacy behaviour of women entrepreneurs in the Mahikeng district to move beyond poverty. Recommendations included the establishment of a regional database of informal women entrepreneurs, the improvement of basic facilities and infrastructure and access to microloans as well as training by the formal sector.


2021 ◽  
Author(s):  
Wen Xiang ◽  
Jianzhong Gao

Abstract Unsafe use of pesticides and fertilizers is a concern in rural areas of China, resulting in serious threats to environment and the quality of agricultural products. Many works have studied the factors influencing the adoption of green agricultural technology by farmers. However, few studies have explored the factors that lead to a farmer’s sustainable use of green agricultural technology. Based on a survey of 1,138 kiwi growers in Shaanxi province of China, this paper builds a theoretical model to look at this issue and conducts a series of empirical exercises to gain insight into the effects of perceived value, government support and their interaction on kiwi growers' sustainable application of green agricultural technology. We find that (1) Perceived monetary and non-monetary benefits positively affect the sustainable application of green agricultural technology by farmers while perceived monetary and non-monetary risks affect it negatively. In addition, such influence would be enhanced with an increase in the intensity of perceived value and vary with the type of green agricultural technology. (2) Both agricultural extension service and ecological subsidy, as two main forms of government support, have a positive and significant effect on the sustainable application of green agricultural technology. (3) There is also a role for the interaction effects between the influence of perceived value and government support on the sustainable application of green agricultural technology. Therefore, it has been proposed in this paper that the government should expand relevant publicity, education, training, and guidance, offer compensatory incentives for producers, and adopt guiding methods corresponding to different green agricultural technology, so as to promote the sustainable application of green production modes by farmers.


2022 ◽  
pp. 324-345
Author(s):  
Mugove Mashingaidze

The chapter investigated the COVID-19-induced challenges faced by women entrepreneurs in Zimbabwe, the strategies used by women entrepreneurs to survive the COVID-19 crisis, and the government support needed by women entrepreneurs to recover from the pandemic. A quantitative research approach using a structured questionnaire was adopted for gathering data. Empirical findings illustrate that women entrepreneurship in Zimbabwe faces a multiplicity of challenges due to the COVID-19 pandemic. Additionally, findings indicate that women entrepreneurs are cutting down costs, have introduced new delivery channels, and have reviewed their business models to become more resilient. However, women entrepreneurs also expect the government to offer readily accessible finances, arrange for skills and capacity-building training in response to the new normal, and craft economic recovery policies and packages that are tailored to specifically respond to the needs of women entrepreneurs. The study has both theoretical and practical implications.


Author(s):  
Stanislav Rieznik ◽  
Lee Hwan Beom

Support for prime agricultural producers in Ukraine has been characterized by high volatility in the last decade, and some recent policy developments have contributed to the volatility and unpredictability. Until recently, the government support for agricultural holdings led to an increase in the export potential of the sector, but, on the other hand, it also brought a number of negative consequences. This study aims at reviewing of the present status of Ukraine's agricultural sector and rural areas and examines the role of the government intervention and support in the transformation of the agricultural sector and its effect on rural development to provide policy recommendations in this regard. Based on the analysis, the study provides policy recommendations suggesting that government need to promote cooperation of small farms and households (helping them to develop in organic agriculture direction) with agricultural holding companies and emphasizes that development of rural non-farm employment opportunities can be seen as a pillar of the rural development policy. In addition, it is necessary to foster organic agricultural development and provide local governments with greater authority in order to achieve sustainable agricultural sector and rural areas development.


2019 ◽  
Vol 8 (1) ◽  
pp. 14-16
Author(s):  
Sangharsha Baliram Sawale

The skill development means is the trainings which isprovide by the institutions or government to improve the skill, quality and efficiency for the entrepreneurs at the workplace. The importance of the trainings to ensure avaibility of skilled manpower at all management levels, enhancing ability, potential among entrepreneurs, increase, efficiency, maintain and enhance, product quality, minimize wastages in production process, reduce fatigue and increase speed of work etc. Todays Government support to the women entrepreneurship development through MSME and DIC and another side make in India, start Up India, stand up India and other various schemes also. And to develop the entrepreneurship Government provides the various types of trainings and skill developments programmers to the people who wanted to start their business, entrepreneurs to start their business and develop their business successfully. This paper emphasized on the skill development programmes for women entrepreneurs by the government of India. For the purpose of women entrepreneurs development. The research paper is based on secondary data which is available on the websites, journals, book and articles.


2019 ◽  
Vol 8 (1) ◽  
pp. 16-19
Author(s):  
P. Sundari ◽  
G. Gannasekaran

The research paper “A study on women entrepreneurs in Samayapuram, Tiruchirappalli district”, attempts to find out the reasons for starting business by women entrepreneurs in the study area and also analyses the various business avenues open and utilize by women entrepreneurs. The paper also throws light on the income earned by women entrepreneurs and how they supporting other sources of income. It also analyse a problems faced by women entrepreneurs and the Government support for women entrepreneurs to start a business of their own. Finally a paper comes with some important findings, which are relevant to the progress of women entrepreneurship in the study area.


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