4.2.3 Reasons why women become
entrepreneurs
There are many reasons that make women make decision to become
entrepreneurs. The figure 4.4 depicts the main reasons.
Figure4.1: Reasons why
women become entrepreneurs
Source: Primary data
The figure 4.1 above indicates that 46.67% of the respondents
stated that they needed to be independent and self-employee as the government
encourages people to become entrepreneurs;
21.67% stated that they had too little income and needed more
income to improve their life standards; 16.67% stated that they were unemployed
or lost their jobs; 13.33% stated that they have no education background enough
to search for jobs so they decided to become self employed; 1.67% stated that
she became entrepreneur after being handicap.
4.2.4 Source of finance when
they become entrepreneurs
Figure4.2: Source of
finance
Source: Primary data
The figure 4.2 above show that when asked about the sources of
finance they used at the start of being entrepreneur, 12 out of 60 (20%) stated
that they used they own savings or their own funds; 9 out of 60(15%) stated
that they used commercial banks loans, 23 out of 60(38.3) stated that they got
money from cooperatives and they work in cooperative, 12 out of 60(20%) stated
that they got money from friends and relatives, 4 out of 60(6.7%) stated that
they got money from NGOs or other sponsors.
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