Role of women entrepreneurs and the challenges they face in the Opeikuma community in the Awutu Senya East municipality of Ghana

Abstract

This study was designed to examine the role women entrepreneurs play and the challenges they face in the Opeikuma community in the Awutu Senya East Municipality of the Central Region of Ghana. The purposive sampling technique was employed to select fifteen women entrepreneurs, and data was collected using an female entrepreneurs in the study area contributed to the economy through the provision of employment. The challenges include access to credit, challenges in human resource management, high prices of rent and other inputs and lack of networking opportunities. Based on the findings of the study, it was recommended that, female entrepreneurs take advantage of non-traditional lending sources such as microcredit and “susu” services who neither charge high interest nor demand for collaterals such as land for the loans. Also, it was recommended that, there is the need for more awareness creation, regarding network affiliations such as the women’s associations in the country.