Name ; Onifade Kehinde Henry

Matric no: 2012/2086

Title of Book: Entrepreneurship Development and management of small scale enterprises
No of chapters: Fourteen chapters
Chapter Thirteen
Title of chapter: Women and Entrepreneurship Development
The emergence and development of entrepreneurs in any society is to a great extent dependent on
the economic, socia, religious, cultural and psychogical factors prevailing in that society. In
developed economies, there is a noticeable increase in the number of self employed women after
the world war as noted by Desai (2000). In cananda, Germany and the U.S.A., women
entrepreneurs are making significant and giant impacts in all segments of thri economies.
In Nigeria, although a developing economy many Nigeria women entrepreneurs are into tradinf,
they trade in all kinds of items. Most Nigerian women and many small scale entrepreneurs prefer
trading to manufacturing because; there is quick return of reward usually in form of profit,
relatively heavy capital outlay is not involved, there little or no technological risks involved.
The motivation to be an entrepreneur by a woman is similar to that of its male counterpart which
are;
The challenge and adventure to do something new
Interest for business endeavors
Wanting to have an independent occupation.
Although some women entrepreneurs have excelled in their entrepreneurial efforts, the psycho
social factors ompede the growth of women entrepreneurs.
Today, despite psycho-social barriers, many women entrepreneurs are breaking through these
barriers gallantly