Financial Sustainability in Addressing Gender Concerns in the SMEs Sector: A Case Study of Selected Women Restaurant Operators in the New Juaben Municipality, Ghana
The study was undertaken to examine the contribution of MFIs on women's entrepreneurial activities that leads to the growth of women restaurants operators in the New Juaben Municipality and also assesses the bottlenecks of women restaurants owners face in accessing credit from MFIs. The study was a survey design aimed at eliciting information from selected women restaurant operators in the New Juaben Municipality. A purposive sampling method was used to sample 56 women restaurant operators in the New Juaben Municipality. The results showed that, 75% of the respondents had their initial capital from personal savings and about 37.50% believed that , unknown interest rates charges by MFIs is a major bottleneck limited their access to credit from the MFIs. The study, therefore, recommended that a swift policy targeted at women restaurant operators by the government of Ghana was necessary to enable them growth. This could increase their capacity and employment creation. Non-governmental organization should consider providing financial literacy training to women restaurant operators to enable them manage their finances well.
Financial Sustainability, Gender Concerns, Women, Restaurant Operators, New Juaben Municipality, Ghana
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