Strengthening access to finance for women-owned SMEs in developing countries

Purpose: The purpose of this paper is to highlight key trends, challenges, and opportunities for advancing women’s entrepreneurship and increasing their access to finance. Design/methodology/approach: Due to their high-growth potential, women-owned SMEs in developing countries are of particular inte...

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Main Authors: Ahmad, Syed Zamberi, Muhammad Arif, Afida Mastura
Format: Article
Language:English
Published: Emerald Group Publishing 2015
Online Access:http://psasir.upm.edu.my/id/eprint/35483/
http://psasir.upm.edu.my/id/eprint/35483/1/Strengthening%20access%20to%20finance%20for%20women-owned%20SMEs%20in%20developing%20countries.pdf
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author Ahmad, Syed Zamberi
Muhammad Arif, Afida Mastura
author_facet Ahmad, Syed Zamberi
Muhammad Arif, Afida Mastura
author_sort Ahmad, Syed Zamberi
building UPM Institutional Repository
collection Online Access
description Purpose: The purpose of this paper is to highlight key trends, challenges, and opportunities for advancing women’s entrepreneurship and increasing their access to finance. Design/methodology/approach: Due to their high-growth potential, women-owned SMEs in developing countries are of particular interest. The International Financial Corporation and McKinsey built a detailed database for micro-, small-, and medium-sized enterprises. The data derived from the readily available global data sets provide coverage of a large number of countries and national statistics. Findings: Since financing is an important means by which to pursue growth opportunities, addressing the specific needs of women entrepreneurs (WE) in accessing finance must be part of the development agenda. Practical implications: This paper offers valuable practical insights to policy makers to establish a supportive, enabling environment that will facilitate access to financial services for WE in their respective countries; lead efforts to identify, evaluate, and support the replication of successful models for expanding financial services to WE; and lead efforts to gather gender-disaggregated data on small-, and medium-sized enterprise finance in a coordinated fashion. Originality/value: The value of this paper is that it offers insightful information about key trends, challenges, and opportunities for advancing women’s entrepreneurship and increasing their access to finance.
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spelling upm-354832016-10-12T08:35:15Z http://psasir.upm.edu.my/id/eprint/35483/ Strengthening access to finance for women-owned SMEs in developing countries Ahmad, Syed Zamberi Muhammad Arif, Afida Mastura Purpose: The purpose of this paper is to highlight key trends, challenges, and opportunities for advancing women’s entrepreneurship and increasing their access to finance. Design/methodology/approach: Due to their high-growth potential, women-owned SMEs in developing countries are of particular interest. The International Financial Corporation and McKinsey built a detailed database for micro-, small-, and medium-sized enterprises. The data derived from the readily available global data sets provide coverage of a large number of countries and national statistics. Findings: Since financing is an important means by which to pursue growth opportunities, addressing the specific needs of women entrepreneurs (WE) in accessing finance must be part of the development agenda. Practical implications: This paper offers valuable practical insights to policy makers to establish a supportive, enabling environment that will facilitate access to financial services for WE in their respective countries; lead efforts to identify, evaluate, and support the replication of successful models for expanding financial services to WE; and lead efforts to gather gender-disaggregated data on small-, and medium-sized enterprise finance in a coordinated fashion. Originality/value: The value of this paper is that it offers insightful information about key trends, challenges, and opportunities for advancing women’s entrepreneurship and increasing their access to finance. Emerald Group Publishing 2015 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/35483/1/Strengthening%20access%20to%20finance%20for%20women-owned%20SMEs%20in%20developing%20countries.pdf Ahmad, Syed Zamberi and Muhammad Arif, Afida Mastura (2015) Strengthening access to finance for women-owned SMEs in developing countries. Equality, Diversity and Inclusion: An International Journal, 34 (7). pp. 634-639. ISSN 2040-7149 http://www.emeraldinsight.com/doi/abs/10.1108/EDI-11-2012-0104 10.1108/EDI-11-2012-0104
spellingShingle Ahmad, Syed Zamberi
Muhammad Arif, Afida Mastura
Strengthening access to finance for women-owned SMEs in developing countries
title Strengthening access to finance for women-owned SMEs in developing countries
title_full Strengthening access to finance for women-owned SMEs in developing countries
title_fullStr Strengthening access to finance for women-owned SMEs in developing countries
title_full_unstemmed Strengthening access to finance for women-owned SMEs in developing countries
title_short Strengthening access to finance for women-owned SMEs in developing countries
title_sort strengthening access to finance for women-owned smes in developing countries
url http://psasir.upm.edu.my/id/eprint/35483/
http://psasir.upm.edu.my/id/eprint/35483/
http://psasir.upm.edu.my/id/eprint/35483/
http://psasir.upm.edu.my/id/eprint/35483/1/Strengthening%20access%20to%20finance%20for%20women-owned%20SMEs%20in%20developing%20countries.pdf