Female Entrepreneurship: The Case of Malian Women

Year 2021, Volume: 7 Issue: 2, 83 - 103, 01.10.2021

Sedat Aybar Oumou Keita

Abstract

The study set to assess the female entrepreneurship in Mali focusing on
factors that affect the women Entrepreneurship in Bamako Mali. The study
objectives were to establish the effect of skills-based training on female
entrepreneurship in Bamako Mali, to determine the effect of financial
system influence on female entrepreneurship, to assess the effect of market
information influence on female entrepreneurship and finally to examine
the effect of technological advancement on female entrepreneurship in
Bamako Mali. The study employed a descriptive research design based
on regression analysis; the study used questionnaires attained from 334
respondents who were women in Bamako holding businesses. Skills based
training, financial system, market information and technology advancement
have a significant effect on women enterprises. The study concludes that
skills-based training has a significant effect on female entrepreneurship in
Bamako Mali indicating that the presence of female entrepreneurs’ skills
if improved is an icon for female businesses support. Secondly, the study
concludes that the financial system influences female entrepreneurship.
The study concludes that developing a financial system for the females
in Mali can generate effective business growth for the females in Mali.
Thirdly the study concludes that there is less access to market information,
most existing networks are male dominated and difficult for women to
access. Finally, the study conclude that the technology advancement
was not significant in women businesses. The study recommend for
government and non-government organizations should start focusing on
cluster development in entrepreneurship based on the natural resource
availability. This policy must keep a provision of collateral free loan, credit without
interest or low rate of interest, loan for long time duration for Female
entrepreneurs. There is further need for enhancing marketing schemes
by either woman forming organizations that can support market research
and attainment of market environment information sufficient for their
businesses.

Keywords

Female entrepreneurship, business growth, Mali

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