With Accion USA, our microlending partner, we provide women with the financial support they need to start and grow businesses through microfinance. The average loan is $8,000 and creates or saves 2.4 jobs.Read all about it here.
Over the last several years, the number of women business owners in the U.S. has increased significantly, doubling from 5 million to 10 million between 1992 and 2006, she said.The question is: If there is less of a barrier in Corporate America for women, why are so many turning to business ownership?
“Without a doubt, women have been very courageous and entrepreneurial in charting their own destiny,” Davis said.
Laura Schwartz was 19 when she arrived at the White House in January of 1993. With no political connections, she landed a volunteer position answering phones in the press office. But that was just the beginning. She climbed her way up the ranks of the Clinton Administration, as the Midwest Press Secretary, Director of Television and ultimately, Director of Events, where she produced the President's event on the world stage.And that's just the tip of the iceberg. She's now running her own business: White House Strategies.
Social attitude towards the operation of women entrepreneurs needs to be changed. Sometimes rigid social norms, values and attitude act as a barrier to rural women entrepreneurship development.Read more here.
According to the report entitled "Women Owned Businesses in the 21st Century," put together by the Department of Commerce, while women own about 30 percent of privately-held businesses, they account for only 11 percent of sales and 13 percent of employment, but the numbers of women striking out on their own are increasing and could well be the key to turning our country's economy around if women can get the kind of financial support that men-owned businesses typically have.Learn more here.
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