Paper Title :Women Entrepreneurship and Growth of SMEs in Bukavu Town- Democratic Republic of Congo
Author :Cito Mongane Espoir, Andrea Smith-Hunter
Article Citation :Cito Mongane Espoir ,Andrea Smith-Hunter ,
(2018 ) " Women Entrepreneurship and Growth of SMEs in Bukavu Town- Democratic Republic of Congo " ,
International Journal of Management and Applied Science (IJMAS) ,
pp. 26-29,
Volume-4,Issue-12
Abstract : The Small and Medium sized Enterprises (SMEs) play a significant role in all economies. They help to create the
majority of jobs and account for over 50% of Gross Domestic Product (GDP) in most countries. This contribution has an
effect on the economic and social well-being of an environment and also impacts a country’s growth. Indeed, the growth of
SMEs is the result of a veritable management decision where entrepreneurship remains a key component. It is recognized
that both men and women entrepreneurs play a significant role in the growth of firms managed by them. The sector of
women entrepreneurship depends both on the situation of women and the place of entrepreneurship in a society. It is
recognized as a source of economic growth insufficiently exploited and took an important place in most of industrialized
countries and also the specific characteristics (micro enterprise) in developing countries. Nowadays, firms under women
management are increasing quickly in Bukavu town. Despite the raising number of SMEs in Bukavu town and their
contribution in the economy of the town, women entrepreneurs face the limited access to adequate financial resources
because of discrimination and gender issues. Women entrepreneurs are also facing the insufficient human and social capital
necessary to facilitate the growth of their SMEs. Given these multiple problems, the present study aims to find whether
SMEs managed by women show growth and explains the relationship between women entrepreneurship and the growth of
SMEs in Bukavu town in the Republic of Cong. Data used in this study were collected from women entrepreneurs of SMEs
in Bukavu town using a structured questionnaire based on previous studies. The collected data was analyzed by using
descriptive statistics and the Binomial Logistic Regression.
The finding confirms that SMEs managed by women show a positive growth in sales (turnover) and a low growth of
employment. The woman as an entrepreneur had a positive and significant relationship with the activity sector and a
negative and significant relationship with growth in turnover. In addition, women entrepreneurs also showed insufficient
social capital and financial resources needed to grow their business.
Keywords - SME, Women Entrepreneur, Growth of SME, Bukavu Town
Type : Research paper
Published : Volume-4,Issue-12
DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-14560
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Copyright: © Institute of Research and Journals
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Published on 2019-03-05 |
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