Question

List the challenges faced by the women entrepreneurs.

Discuss the challenges faced by Women Entrepreneurs.

Answer 1

There is tremendous growth in women's entrepreneurship in India. But there are certain problems met by women entrepreneurs.

They are as follows:-

1. The problem of Finance: The external sources of funds for the women is limited because they do not generally own properties in their own name. They are depending on their own savings and small loans from friends and relatives.
2. Lack of Education: Illiterate and semi-literate women entrepreneurs face difficulties in respect of accounts, money matters, marketing, and day-to-day operations.
3. Lack of Network Support: The success of a business depends on the support of family members, friends, and relatives. But it is reported that women entrepreneurs get very limited support in times of crisis.
4. Stiff Competition: They have to face acute competition for their goods from the organized sector and from their male counterparts.
5. Lack of Information: The lack of knowledge or limited knowledge about subsidies, concessions, and incentives given by the Government will affect the business.