An Empirical Investigation of Women Entrepreneurship in Lesotho

AN EMPIRICAL INVESTIGATION OF WOMEN ENTREPRENEURSHIP IN LESOTHO Stéphan P van der Merwe* & Mampoi Lebakeng Potchefstroom configuration School, North-West University Private Bag X6001, Potchefstroom 2520, Republic of South Africa Tel: +27-18-2991414; fax: +27-18-2991416 stephan.vandermerwe@nwu.ac.za *To whom correspondence should be addressed. AN EMPIRICAL INVESTIGATION OF WOMEN ENTREPRENEURSHIP IN LESOTHO sn ar The chief(prenominal) role that entrepreneurship plays to combat unemploy ment, wealth creation and the alleviation of penury should not be underestimated, especially in regions with growing unemployment rates. Women entrepreneurs quartern contri exactlye significantly to economic development in Africa, but their parting has not been adequately studied and developed. Although it is challenging for two men and women to start and sustain a successful business, w omen formulation laughable challenges to self-employment. The objective of this study was to investigate women entrepreneurship in Lesotho and to feign practical recommendations to enhance women entrepreneurship in the country.

A survey that include 54 women-owned businesses was conducted. Women entrepreneurs in this study were motivated by clear factors, much(prenominal) as the select for independence, self-fulfilment, work flexibility and a need for a challenge to self-employment. Factors such as dissatisfaction with compensated jobs and meager family income pushed them into self-employment. They are curren tly facing obstacles, such as obtaining fina! nces, work-home conflict, wishing of education and training in business and counsel skills. They, furthermore, indicated monetary domiciliate, business training and advice, the need to network with early(a) business owners and selling support as their main support needs. Practical recommendations are suggested to Government and women entrepreneurs to overcome these obstacles and to ensure...If you want to play a full phase of the moon essay, order it on our website: BestEssayCheap.com

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