Female Entrepreneurship: The Case of Malian Women

Female Entrepreneurship: The Case of Malian Women

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.

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