FEMALE ENTREPRENEURSHIP AND ACCESS TO BANK LOANS IN TANZANIA: A DOUBLE-HURDLE MODEL APPROACH

• Type: Article in International Scientific Journal
• Date: 2017

Authors

Aurora Teixeira (Author) FEP; Sharifu, HA (Author) Other

Journal

Title: Journal of Developmental Entrepreneurship

Vol. 22 No. 3

Final page: 1750019

ISSN: 1084-9467

Publisher: World Scientific

Indexing

ISI Web of Knowledge - 0 Citations

Other information

Authenticus ID: P-00N-4NQ

DOI: 10.1142/s1084946717500194

Abstract (EN): The present study assesses the perceptions of female entrepreneurs in Tanzania regarding the access to bank loans and the difficulties experienced in the process of financing their businesses. Focusing on small-scale businesses, face-to-face interviews were conducted with 75 female entrepreneurs from the Dar es Salaam area. Resorting to double-hurdle estimation models, we conclude that: 1) women who perceive higher discrimination and/or inequality in accessing bank loans, but who also recognize that female entrepreneurs often lack relevant business skills, tend to apply more often for bank loans; 2) women running larger business, operating in the tailoring industry, face fewer difficulties; 3) although highly educated female entrepreneurs apply less for bank loans, formal education acts as a shield to the difficulties faced by women when applying to bank loans; 4) more autonomous and money seeking female entrepreneurs are less likely to report difficulties during the bank loan application process.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 29