Factors Affecting the Growth of Women Entrepreneurs in Micro and Small Enterprises in Ethiopia

Abstract

Even though, women entrepreneurs in MSEs contribute a lot for the economic development of a country, there are a number of challenges. This study was focused on factors affecting the growth of women owned enterprises found in Ethiopia, particularly, Haike, Dessie, Kombolcha and Kemissie towns. The study adopted explanatory type of research design to examine the relationship between the dependent and independent variables. Depend on the information obtained from chamber of commerce there were 600 registered women owned micro and small-scale enterprises. Using Yeman sample size determination formula 240 samples were determined and they were selected using simple random sampling method. To find out factors affecting the growth of enterprise the researchers used primary data. It was collected mainly using 5-point Likert scale questionnaires. And it was analyzed using binary logistic regression analysis by SPSS 23 V. The major findings of the studies were from the external factors category socio-political factors, access to premises, and marketing factors found significant for the growth of women owned enterprises but technological factor was not significant. On the other hand, business management factor and training factors were the significant internal factors. Based on this, to solve or reduce the problems of women owned micro and small scale enterprise the concerned body need to solve Socio political problems, marketing problems, business management problems, premises related problems, and training factors need to be solved.