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Browsing: women opportunities in africa
Women-owned and led SMEs (WSMEs) in Kenya face structural barriers that limit their ability to secure contracts with large companies for growth.
This is according to an IFC study published today that recommends ways banks and large businesses can better support female entrepreneurs.
The study was commissioned as part of IFC’s wider efforts to connect women entrepreneurs to new markets and is titled Sourcing2Equal Kenya: Barriers and Approaches to Increase Access to Markets for Women-Owned Businesses.
It found that women-owned businesses face challenges accessing finance, business networks, and market information, hence limiting their ability to take on large contracts.
The study found that there is a 9 percent gender gap in the participation of SMEs supplying directly to corporate Buyers, commonly known as tier 1 suppliers, with WSMEs receiving fewer contracts among the SME respondents in this study.
However the survey indicates that there is 13 percent more WSMEs than …