Full Project – An assessment of performance of women entrepreneurs in agricultural business sector

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CHAPTER ONE

INTRODUCTION

1.1 Background of the Study

Women entrepreneurs have been chosen as the new engines for growth as well as the rising stars of developing countries’ economies as it contributes to welfare and prosperity (Vossenberg, 2013). Meanwhile Forbes (2011) had earlier asked countries to forget foreign aid and focus on foreign investment in women entrepreneurs are they are the key drivers of economic growth. Nigeria despite its increasing population has failed to utilize the labour force leading to increase in unemployment in the country. As a result of rising unemployment and poverty level, engagement in entrepreneurship through self-employment is fast increasingly as a means of poverty alleviation, empowerment and overall economic growth.

The development of entrepreneurship as well as small firms is perceived as the foundation that may help the economy in its economic recovery efforts (Lincoln, 2012). The womens are choosing entrepreneurship by engaging in micro, small and medium enterprises (MSMEs) so as to contribute to family economic improvement.  Engagements in different entrepreneurial activities also help the womens to strike a balance between job and family commitment (Inegbenebor, 2006).

1.2 Statement of the Problem

The needs and contribution of women entrepreneurs in the economy seem to be invisible and overlooked. Women entrepreneurs have long been dominated from the formal sector of the economy especially those in the rural area. As a result of unrelenting and deteriorating economic conditions, a lot of women have been forced to work outside normal status and have therefore ventured in varied economic activities, while at the same time continuing to perform their traditional household duties. Women entrepreneurs in the agricultural business sector are faced with variety of constraints ranging from access to market, poor linkages to supportive services, finance, undue competition from larger and established agricultural business units, cultural inhibitions, discrimination of all sort, transportation facilities among others.

These problems have reduced remarkably the volume and variety of production and employment possible for women entrepreneurs. Hence the need to address the issue because of the high labour absorption capacity of the sector, so as to stimulate employment opportunities for women for their personal survival and national development.

1.3 Objectives of the Study

This study is designed to determine the performance of women entrepreneurs in agribusiness sector. Specifically, the objectives are to:

1. Assess the level of participation of women in agribusiness development.
2. determine the influence of socio-economic factors on women involvement in agribusiness.
3. identify the constraints faced by women in agribusiness.

1.4 Research Question

1. What is the level of participation of women in entrepreneurship development in agricultural business in the study area?
2. To what extent socio economic factors influence the involvement of women in agricultural business entrepreneurship in the study area?
3. What are the constraints faced by women in agricultural business entrepreneurship in the study area?

1.5 Significance of the Study

Entrepreneurship represents an appropriate opportunity for women all over the world, as entrepreneurship respond flexibly to entry, change and innovation. This potential has not yet been realized in an optimal fashion in most developing world. This study will hell a large number of women that work in the informal sector in the sense of agricultural business but their contribution is not included in national accounts.

This study will also be beneficial in the development of women entrepreneurship in the informal sector in the sense of agricultural business can be seen as one of the necessary conditions for economic growth. Promotion of women entrepreneurs.

Practically, the findings of the study will be of immense benefit to employers of labour, educators, educational policy planners, future researchers and government. The study is significant because the need to examine the performance of women in agricultural business and job creation remains vital in the effort to ensuring full realization of the objectives of the nation’s economy.

In other words, when new Entrepreneurs are established in the economy, employability is stimulated through the power of creative destruction. Put differently, high level of unemployment is often associated with a low degree of entrepreneurial activities in the economy. That is, where people are not motivated to set up Entrepreneurship enterprises, the rate of unemployment will be very high.

1.6 Scope and Limitation of the Study

This study focuses on the performance of women Entrepreneurs in agricultural business sectors. It is limited to some women entrepreneurs in Gwale local government area of Kano state.

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Full Project – An assessment of performance of women entrepreneurs in agricultural business sector