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Author: Mehnaz Safavian Publisher: World Bank Publications ISBN: 0821399330 Category : Business & Economics Languages : en Pages : 81
Book Description
Financial services are important for women who are starting and growing a business, but in Pakistan microfinance providers (MFPs) are not reaching Pakistan’s businesswomen. Only 59 percent of microfinance clients are women, yet the majority of these loans are passed on the male members of the household – husbands, fathers, and sons. The practice of passing on loans to male household members is quite widespread; women may be bearing all the transaction costs and risks of accessing loans, but are not the final beneficiaries. Second, a very low proportion of female microfinance clients are entrepreneurs. The report explores why businesswomen in Pakistan may not be using microfinance products to meet their start-up and working capital requirements, in spite of identifying access to finance as a key constraint to their business operations. Against this backdrop, access to finance remains the biggest challenge for a woman who wants to start or grow a business. Yet less than a quarter of the entrepreneurs identified through business development service providers were currently borrowing from microfinance lenders. Even among those entrepreneurs that borrow, dissatisfaction is high. Why? Women borrower-entrepreneurs are not able to access individual loan products, but instead are consistently relegated to group lending. But group loans are very costly for a woman who is running a business, and the loans are too small to fulfill working capital needs. Businesswomen are rarely given the opportunity to access individual loan products, which are usually offered exclusively to male borrowers, and women are not given opportunities to graduate from group loans to individual loans over time. Lending practices often are discriminatory, requiring husbands’ permission, male guarantors, and unmarried women are rarely considered as potential clients. Although MFIs understand that women’s inclusion is integral to the objectives of microfinance, the practice of passing on loans raises serious issues about consumer protection for women clients, and the best and most effective solutions to these challenges could and should come from the sector itself. Designing better products that reach the needs of emerging women entrepreneurs could prove to be good business, achieving double bottom-line objectives. Investing in financial literacy and education of both men and women borrowers can help curb the demand for pass-through loans and help lower risks associated with deceptive practices.
Author: Mehnaz Safavian Publisher: World Bank Publications ISBN: 0821399330 Category : Business & Economics Languages : en Pages : 81
Book Description
Financial services are important for women who are starting and growing a business, but in Pakistan microfinance providers (MFPs) are not reaching Pakistan’s businesswomen. Only 59 percent of microfinance clients are women, yet the majority of these loans are passed on the male members of the household – husbands, fathers, and sons. The practice of passing on loans to male household members is quite widespread; women may be bearing all the transaction costs and risks of accessing loans, but are not the final beneficiaries. Second, a very low proportion of female microfinance clients are entrepreneurs. The report explores why businesswomen in Pakistan may not be using microfinance products to meet their start-up and working capital requirements, in spite of identifying access to finance as a key constraint to their business operations. Against this backdrop, access to finance remains the biggest challenge for a woman who wants to start or grow a business. Yet less than a quarter of the entrepreneurs identified through business development service providers were currently borrowing from microfinance lenders. Even among those entrepreneurs that borrow, dissatisfaction is high. Why? Women borrower-entrepreneurs are not able to access individual loan products, but instead are consistently relegated to group lending. But group loans are very costly for a woman who is running a business, and the loans are too small to fulfill working capital needs. Businesswomen are rarely given the opportunity to access individual loan products, which are usually offered exclusively to male borrowers, and women are not given opportunities to graduate from group loans to individual loans over time. Lending practices often are discriminatory, requiring husbands’ permission, male guarantors, and unmarried women are rarely considered as potential clients. Although MFIs understand that women’s inclusion is integral to the objectives of microfinance, the practice of passing on loans raises serious issues about consumer protection for women clients, and the best and most effective solutions to these challenges could and should come from the sector itself. Designing better products that reach the needs of emerging women entrepreneurs could prove to be good business, achieving double bottom-line objectives. Investing in financial literacy and education of both men and women borrowers can help curb the demand for pass-through loans and help lower risks associated with deceptive practices.
Author: Maria Sabrina De Gobbi Publisher: ISBN: 9789221169277 Category : Languages : en Pages : 72
Book Description
Extrait du résumé . "This paper presents the findings of two national surveys completed in Nepal and Pakistan on women entrepreneurs who are micro-finance clients. It documents and analyses the impact of micro-finance and microentreprise development on the economic and possible social empowerment of women in the two countries, highlighting differences and similarities. The main factors determining the level of women's economic and social empowerment in a country are its cultural and legal environment, and national policy on women's rights and poverty alleviation. Initiatives organized by micro-finace institutions for the provision of financial services and for policy and legal reform are key elements for achieving greater economic and social empowerment. This paper emphasizes the role of micro-finance and microentreprises development in improving the status of women entrepreneurs in Nepal and Pakistan. To state that this type of development can bring about a complete social change may be somewhat unrealistic. However, the fiindings reported show that micro-finace and microentreprises development may serve as a catalyst towrads social change and improve the political and social status of women."
Author: Ira W. Lieberman Publisher: Brookings Institution Press ISBN: 0815737645 Category : Business & Economics Languages : en Pages : 493
Book Description
A major source of financing for the poor and no longer a niche industry Over the past four decades, microfinance—the provision of loans, savings, and insurance to small businesses and entrepreneurs shut out of traditional capital markets—has grown from a niche service in Bangladesh and a few other countries to a significant global source of financing. Some 200 million people globally now receive support from microfinance institutions, with most of the recipients in the developing world. In the beginning, much of the microfinance industry was managed by non-governmental organizations, but today the majority of these institutions are commercial and regulated by governments, and they provide safe places for the poor to save, as well as offering much-needed capital and other financial services. Now out of infancy, the microfinance industry faces major challenges, including its ability to deal with mobile banking and other technology and concerns that some markets are now over-saturated with microfinance. How the industry deals with these and other challenges will determine whether it will continue to grow or will be subsumed within the larger global financial sector. This book is based on the results of a workshop at Lehigh University among thirty-four leaders in the industry. The editors, working with contributions from more than a dozen leading authorities in the field, tell the important story of how microfinance developed, how it has met the needs of hundreds of millions of people, and they address key questions about how it can continue to meet those needs in the future.
Author: Nikolai Mouraviev Publisher: Routledge ISBN: 0429638906 Category : Business & Economics Languages : en Pages : 132
Book Description
Global cities with a largely cosmopolitan environment, such as Auckland, Berlin, Dubai, London, New York, Shanghai or Singapore, are successfully developing and attracting entrepreneurs from all over the world. This book elucidates the policy approaches related to the formation of the cosmopolitan environment that supports entrepreneurship in large urban areas. The book’s core theme is the relationship between cosmopolitanism and entrepreneurship, with the latter viewed as a key driver of economic growth, sustainability and prosperity. The book argues that successful entrepreneurship rests on the two pillars of the cosmopolitan environment: diversity and the creation of business opportunities. In contrast to globalisation’s standardised solutions in policy, commerce, banking and social issues, cosmopolitanism allows individualised value and solutions, whereby actors—entrepreneurs, businesses, families, interest groups, governments, non-governmental organisations and virtual communities—enjoy diversity as a norm. The book pays special attention to under-researched topics, such as threats to sustainability in cosmopolitan cities; why cosmopolitan cities attract immigrants with a highly independent mindset; the impact of religious norms on female and male entrepreneurs; varying experiences of local and expatriate entrepreneurs; and the diff erences in doing business by female entrepreneurs, stemming from their nationalities and residence status. The book off ers conceptual insights into the enablers of entrepreneurship in cosmopolitan cities and urban governance, complemented by case studies based on fi eldwork in Dubai, Hamburg, Istanbul, Karachi, Kyiv, London, Moscow and Tel Aviv. The book will appeal to those who study or teach cosmopolitanism, globalisation or urban development concepts, and those professionals who are considering the possibility of doing business or working as an expatriate in a cosmopolitan city.
Author: Rolle, JoAnn Denise Publisher: IGI Global ISBN: 1668443244 Category : Business & Economics Languages : en Pages : 452
Book Description
Disparity in the workplace has been exacerbated in recent years as society faces a number of challenges in promoting inclusion and equality across fields. To ensure appropriate steps are taken to move in the direction of a diverse and equitable future for the workforce, further study and consideration on the key challenges, opportunities, and strategies for advancing business policy to provide for the underserved is required. Sustainability and the Future of Work and Entrepreneurship for the Underserved highlights marginalized labor and entrepreneurial market segments and reviews strategies used to prepare for technological change globally. The book also provides a series of recommendations to assist in growing and sustaining a more inclusive global society. Covering a range of topics such as disparities, class challenges, and entrepreneurs, this reference work is crucial for policymakers, business owners, managers, researchers, academicians, scholars, instructors, and students.
Author: Shumaila Y. Yousafzi Publisher: Routledge ISBN: 1317160207 Category : Business & Economics Languages : en Pages : 404
Book Description
Contextual Embeddedness of Women’s Entrepreneurship brings together a range of research that provides powerful insights into the influences and restraints within a diverse set of gendered contexts including social, political, institutional, religious, patriarchal, cultural, family, and economic, in which female entrepreneurs around the world operate their businesses. In doing so, the contributing authors demonstrate not only the importance of studying the contexts in how they shape women’s entrepreneurial activities, but also how female entrepreneurs through their endeavours modify these contexts. Collectively, the edited collection’s studies make a substantial contribution to the contextual embeddedness of women’s entrepreneurial activity, provide numerous insights, and provoke fruitful directions for future research on the important role of the contexts in which women’s entrepreneurial activities take place. This innovative and wide-ranging research anthology seeks to reframe and redirect research on gender and entrepreneurship and will appeal to all those interested in learning more about female entrepreneurship.
Author: Sara Rizvi Jafree Publisher: Springer Nature ISBN: 3031328639 Category : Social Science Languages : en Pages : 382
Book Description
This book analyzes the different policy challenges that Pakistani women face and makes regionally relevant policy recommendations across different areas of private and public life, drawing on secondary data from nationally representative surveys and primary data from qualitative interviews. These areas include family safety, housing adequacy, food security and nutritional adequacy, environment and disaster protection, educational development, employment and formal sector inclusion, and health security. The author examines how the history, culture, and political climate of Pakistan have shaped social policy for women, interrogates gaps in social protections for women, and analyzes the limitations for past interventions. This text also looks at collaboration across South Asian countries, as well as using religion, social media, financing, and a new model of governance for comprehensive coverage and sustainable social policy for women. This book will be of interest to scholars, students, and policymakers with focus on women’s and gender studies and policy studies in South Asia.
Author: Nabeel A. Goheer Publisher: International Labour Office ISBN: 9789221136286 Category : Business & Economics Languages : en Pages : 104
Book Description
This report is the outcome of a research study initiated and financed by the ILO with the aim of better understanding Pakistani women entrepreneurs and their problems. It offers a portrayal of the specific business environment for women in this country and shows how a complex interplay of different factors has resulted in the disadvantaged status of women in society thus restricting their mobility, economic participation and business activity. The book includes the results of a survey undertaken in the region of 150 women entrepreneurs and follows with a set of recommendations. Narrative stories of 20 selected women entrepreneurs from various economic backgrounds, diverse family set-ups, and different professions are also included.
Author: Michael O'Connor Publisher: Springer ISBN: 3030052613 Category : Business & Economics Languages : en Pages : 179
Book Description
The book is a contemporary compilation of important research in the area of microfinance and financial inclusion. It explores a plurality of views and experiences from different parts of the world while linking a variety of international research backgrounds. Accordingly the book will fill a gap in providing a carefully curated cross-sectorial selection of topics relevant to the development finance research community primarily but also industry practitioners who are interested in keeping abreast of developing research. Benefits in this regard also include being able to provide a platform to less established researchers offering them a voice in published form.
Author: Carrizo Moreira, António Publisher: IGI Global ISBN: 1799848272 Category : Business & Economics Languages : en Pages : 483
Book Description
Due to the 2008-2009 crisis, the United Nations 2030 agenda for sustainable development, and the COVID-19 pandemic, the role of entrepreneurship has become more critical in most economies. Moreover, emerging protectionist policies are further encouraging the emergence of new entrepreneurial projects, particularly to replace goods and services traditionally provided by other countries. Understanding current challenges and best practices in nascent entrepreneurship is integral for the successful launching of new ventures to support the revitalization of economies and achieve sustainability. The Handbook of Research on Nascent Entrepreneurship and Creating New Ventures is a crucial reference source that covers the latest empirical research findings in the field of entrepreneurship and addresses the obstacles entrepreneurs face in these recent challenging times. The book embraces a pluralistic perspective from academicians currently navigating nascent entrepreneurship and key concepts for launching successful new ventures. Covering topics that include government support programs, spin-off companies, leadership, strategic entrepreneurship, and crowdfunding, this book is targeted towards entrepreneurs, professionals, academicians, researchers, and students.
Author: Mehnaz Safavian
Author: Mehnaz Safavian
Author: Maria Sabrina De Gobbi
Author: Ira W. Lieberman
Author: Nikolai Mouraviev
Author: Rolle, JoAnn Denise
Author: Shumaila Y. Yousafzi
Author: Sara Rizvi Jafree
Author: Nabeel A. Goheer
Author: Michael O'Connor
Author: Carrizo Moreira, António