Vol. 2012 No. 1 (2012)

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Financing Succession and Growth Rates of Female Entrepreneurs in Banjul: A Comparative Study on Economic Empowerment Initiatives in Gambia

Sabina Jawara, Department of Research, University of The Gambia
DOI: 10.5281/zenodo.18965270
Published: March 1, 2012

Abstract

This study examines the financing success rates and growth of female entrepreneurs in Banjul, Gambia's capital city, focusing on economic empowerment initiatives over a three-year period. Data was collected through surveys and interviews with female entrepreneurs, focusing on their experiences with financing and growth metrics over three years. Female entrepreneurs reported that initial funding success rates varied significantly (25% vs. 38%), while overall growth in revenue among those who secured initial funding was notably higher (40% vs. 15%). The findings suggest that early access to capital positively impacts the financial health and sustainability of female-led businesses. Policy makers should prioritise targeted financing support for female entrepreneurs to enhance their economic empowerment and contribute to broader development goals.

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How to Cite

Sabina Jawara (2012). Financing Succession and Growth Rates of Female Entrepreneurs in Banjul: A Comparative Study on Economic Empowerment Initiatives in Gambia. African Body and Culture (Humanities/Social), Vol. 2012 No. 1 (2012). https://doi.org/10.5281/zenodo.18965270

Keywords

African GeographyEmpowerment StudiesFeminist EconomicsGendered CapitalismMicrofinanceDevelopment FinancePostcolonial Economies

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Vol. 2012 No. 1 (2012)
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African Body and Culture (Humanities/Social)

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