Question

contribution of educated but unemployed woman to economybhhyhg​

Answer 1

Answer:

Women entrepreneurs can contribute significantly to economic development in Africa , but their contribution has not been adequately studied and developed. Although it is challenging for both men and women to start and sustain a successful business, women face unique challenges to self-employment. The objective of this study was to investigate women entrepreneurship and to make practical recommendations to enhance women entrepreneurship in the country.

A survey that included 54 women-owned businesses was conducted. Women entrepreneurs in this study were motivated by pull factors, such as the need for independence, self-fulfilment, work flexibility and a need for a challenge to self-employment. Factors such as dissatisfaction with salaried jobs and insufficient family income pushed them into self-employment.

They are currently facing obstacles, such as obtaining finances, work-home conflict, lack of education and training in business and management skills. They, furthermore, indicated financial support, business training and advice, the need to network with other business owners and marketing support as their main support needs. Practical recommendations are suggested to Government and women entrepreneurs to overcome these obstacles and to ensure that women entrepreneurs can sufficiently contribute to the economy and empower themselves economically.

Objectives of this Study

The main objective of the study is to investigate women entrepreneurship in Lesotho and to make practical recommendations to stimulate the growth and success of women entrepreneurs in the country.

To achieve the main objective of the study, the following secondary objectives were formulated:

• To define women entrepreneurship within the Lesotho context.

• To obtain insight into the dynamics of women entrepreneurship by means of a literature review.

• To empirically investigate women entrepreneurship in Lesotho based on a structured questionnaire.

• To determine what motivates women in Lesotho to start their own businesses.

• To determine the unique challenges women face in managing their businesses.

Explanation: