When it comes to obtaining credit from financial institutions, the perception is quite dismal from Zimbabwe women entrepreneurs a recent survey shows.
Yet, according to the study “An Analysis of the Enabling Environment and Potential for Women’s Empowerment” by Dr. Charity Manyeruke on behalf of the Women Alliance of Business Associations in Zimbabwe (Wabaz), a significant segment of female entrepreneurs have not attempted to obtain funding from financial institutions.
The negative perception might be getting in the way of at least attempting to make things happen. Even so, it’s still challenging to get funding.
• Based on the study, 34 percent of the female entrepreneurs who undertook the survey consider obtaining credit from commercial banks as “very difficult.”
Illustration credit: Dr. Manyeruke’s book
Posted by: Laurel Delaney