Women Entrepreneurs: How Financial Literacy Impact Behavior In Business Development
DOI:
https://doi.org/10.58879/ijcep.v5i3.105Keywords:
Women Entrepreneurs, Financial Literacy, Business DevelopmentAbstract
This study examines the structural barriers faced by women entrepreneurs in developing their businesses, particularly in accessing finance and participating in business networks. Persistent stereotypes that portray women-owned enterprises as part-time or less profitable, along with financing requirements such as male guarantors, significantly limit women’s opportunities for business growth. Using a qualitative research approach based on literature review and secondary data analysis, the findings indicate that gender-based discrimination continues to have a substantial impact on women’s economic participation and entrepreneurial performance. The study highlights the need for inclusive policy frameworks, improved access to financial literacy programs, and the strengthening of women-centered entrepreneurial networks to address these challenges and promote economic equality. The main contribution of this research lies in synthesizing existing evidence on structural gender barriers in entrepreneurship and providing policy-relevant insights that can inform strategies for women’s economic empowerment based on equality and equitable access to financial resources. This research is expected to serve as a reference for policymakers, development practitioners, and researchers concerned with gender-inclusive economic development
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