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Financing Women Entrepreneurs and Employment Generation – a Case Study of Microfinance Banks

Abstract

Women are becoming increasingly important in the socio-economic development of both developed and developing economies. This is because they account for a significant percentage of the operators of Small and Medium Scale Enterprises (SMEs) in virtually all aspects of the globe.Despite these success stories emanating from these economies, the Nigerian case have not been encouraging. The Nigerian women have for decades engagedin survivalist activities due to little or no encouragement from the government and the organised private sectors.This study examined, among others, the impact of financing women entrepreneurs and employment generationamong these groups within the Nigerian state. The study reports that financing women entrepreneurs hasincremental effects on employment generations and their efforts also results in multiple employment generations through improvement in their business activities, thereby increasing the numbers of selfemployed individuals in the country. The study recommends governmental intervention through the enactment of adequate policies tailored toward the encouragement and empowerment of women entrepreneur

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