عنوان

Nigerian Women Entrepreneurs' Strategies for Financial Inclusion: A Generic Qualitative Inquiry

Number

TL54324

.Language of Text, Soundtrack etc

انگلیسی

Title Proper

Nigerian Women Entrepreneurs' Strategies for Financial Inclusion: A Generic Qualitative Inquiry

General Material Designation

[Thesis]

First Statement of Responsibility

Madein, Oluwatoyin

Subsequent Statement of Responsibility

Forbes, Judith

Name of Publisher, Distributor, etc.

Walden University

Date of Publication, Distribution, etc.

2020

Text of Note

160 p.

Dissertation or thesis details and type of degree

Ph.D.

Body granting the degree

Walden University

Text preceding or following the note

2020

Text of Note

Women in Nigeria are approximately 50% of the population and operate significantly in the micro, small, and medium enterprises. Women entrepreneurs in Nigeria are experiencing business failure, early exit, stagnant growth, and low return on investment due to inadequate finance. This study's specific management problem is that many women entrepreneurs in Nigeria lack strategies to develop financial literacy and access to external loans for business sustainability. Using the concepts of financial inclusion and financial exclusion, the purpose of this qualitative inquiry was to explore the strategies women entrepreneurs use and whether they have the required experience and knowledge of financial literacy to access external loans for business sustainability. The research questions sought to understand the strategies that women entrepreneurs in Nigeria use in attaining financial literacy and access to external loans for business sustainability. Data were collected from 15 women entrepreneurs in FCT, Nigeria via semi-structured interview and analyzed using thematic analysis, triangulation, coding, peer debriefing, and member checking. Eight themes emerged: personal financial well-being, knowledge of financial statement, use of consultants on financial statement handling, training and awareness of updated financial standards, loan repayment history, use of competent guarantor, credit bureau report, and historical financial health and cash flow. This study's findings should be made available to women entrepreneurs in Nigeria and other developing countries to provide strategies that entrepreneurs could use in practice. The implications for social change may bring about poverty reduction, women empowerment, and a better life for women in Nigeria for an improved standard of living.

Subject Term

Entrepreneurship

Subject Term

Finance

Subject Term

Womens studies

Madein, Oluwatoyin

Forbes, Judith

Walden University

Electronic name

p

[Thesis]

276903

a

Y