The impact of women entrepreneurs on economic development of Rwanda - Case study of women entrepreneur in expo 2010 organized by Rwanda private sector federation.

4.3.5 Analysis of women entrepreneurs' economic situation before and after becoming entrepreneur 30

4.3.5.1 Comparative analysis of monthly savings 30

4.3.5.2 Comparative analysis of monthly expenditures 32

4.3.5.3 Comparative analysis of working capital at the start and currently in business 34

4.3.6 Analysis of the challenges faced by women entrepreneurs 35

4.3 Results interpretation and hypothesis testing 36

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS 38

5.1 Summary 38

5.2 Conclusion 39

5.3 Recommendations 39

REFERENCES 41

APPENDICES 43

vii

LIST OF ABBREVIATIONS AND ACRONYMS

ADB : Africa Development Bank

ANOVA : Analysis of Variance

FHH : Female Headed Household

GDP : Gross Domestic Product

GE : Global Entrepreneurship

GEM : Global Entrepreneurship Monitor

GNP : Gross National Product

MSMs : Micro-Small and Medium sized Enterprises

NGOs : Non Government Organizations

NISR : National Institute of Statistics of Rwanda

OECD : Organization of Economic Cooperation and Development

RWF : Rwandan Franc

RPSF : Rwanda Private Sector Federation

SAMEN : South Africa Women entrepreneurs' Network

SAWE : South Africa Women Entrepreneurs

SMEs : Small and Medium Enterprises

SPSS : Statistical Package for the Social Sciences

UNIDO : United National Industrial Development Organization

USA : United States of America

WB : World Bank

WBSR : World Bank Study Report

LIST OF TABLES

Table 4.1: Demographic characteristics of the respondents 18

Table4.2: Cross tabulation between sector of activities and the three variables in table 4.1 19

Table 4.3: Number of employees by sector 23

Table 4.4: Family size of women entrepreneurs 29

Table4.5: Model Summary 29

Table 4.6: ANOVA Table 29

Table 4.7: Coefficients 30

Table 4.8: comparison of monthly mean savings 31

Table4.9: Test about mean monthly savings 31

Table 4.10: comparison of mean monthly expenditures 33

Table 4.11: Test about mean monthly expenditure 33

Table 4.12: Mean working capital at the start and after 34

Table 4.13: Test about mean working capital 34

LIST OF FIGURES

Figure4.1: Reasons why women become entrepreneurs 21

Figure4.2: Source of finance 22

Figure 4.3: Market for women entrepreneurs 24

Figure 4.4: activities women contribute more in the development of the society 26

Figure 4.5: Changes in live standards after becoming entrepreneurs 28

Figure 4.6 Mean monthly savings before and after becoming entrepreneurs 32

Figure 4.7: Challenges faced by women entrepreneurs 35

xi

LIST OF APPENDICES

Questionnaire on women entrepreneurs in expo 2010 at Rwanda Private Sector Federation GIKONDO from 26^th/August to 8^th/September 2010