Even though female entrepreneurship and the formation of women business
networks is steadily rising, there are a number of challenges and
obstacles that female entrepreneurs face. One major challenge that many
women entrepreneurs face is the traditional gender-roles society may
still have on women. Entrepreneurship is still considered as a
male-dominated field, and it may be difficult to surpass these
conventional views. Other than dealing with the dominant stereotype,
women entrepreneurs are facing several obstacles related to their
businesses.
In general, women have lower personal financial assets than men. This means that for a given opportunity and equally capable individual, women must secure additional resources compared to men in order to exploit the opportunity because they control less capital. A question that has developed into its own sub-field in women’s entrepreneurship literature, is do women have a harder time getting finance than men for the same business opportunity?
A specific solution for solving women’s difficulties for obtaining financing has been micro financing. Micro-finance is a financial institution that has become exceptionally popular, especially in developing economies.
What can be done to help women entrepreneurs grow their operations?
This question with vicoba we did these below issues to answer
1. We create created a better way to capital
We provide them with Loans, Trainings and Researches to their businesses
2. More mentorship opportunities. Providing role models and guidance to women to show the economic, social and lifestyle benefits of business ownership could greatly enhance entrepreneurship rates.
3. More education. Research shows that women fear failure and have lower confidence levels than men. “What we might be seeing is that women need to work on their confidence and their perceived abilities,
4. Markets
We undertake Research for existing products they have by finding new markets
