Ready for Growth : Solutions to Increase Access to Finance for Women-Owned Businesses in the Middle East and North Africa

The Middle East and North Africa (MENA) region is at one of the most critical turning points in its modern history. The Arab spring was driven by the desire for economic opportunity and justice in the face of poverty and unemployment. The development of strong economies that enable both women and men to enhance their livelihoods is crucial for the future of the region. The growth and success of women-owned businesses is one of the most profound changes in the business world today. There is no doubt that women are an emerging market force. However, many businesswomen are not accessing commercial credit, an essential driver of business success. Lack of access to finance and financial services is repeatedly identified as the major constraint for women business owners. This report 'ready for growth: solutions to increase access to finance for women-owned business in the Middle East and North Africa', is designed to shed a light on those barriers. It is the result of a unique International Finance Corporation (IFC) partnership with vital voices and the Middle East and North Africa Businesswomen's Network (MENA BWN). Its purpose is to fill a critical gap in our knowledge of what women-owned businesses need in terms of financial products and services. Building on our knowledge of how commercial banks currently reach the women's market, this survey data can provide banks in MENA with information to better serve women business owners.

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2013-05
Subjects:ACCESS TO CAPITAL, ACCESS TO FINANCE, ACCESS TO FINANCIAL SERVICES, ACCESS TO FINANCING, ACCESS TO INFORMATION, ACCESS TO SERVICES, ACCESS TO TRAINING, ADVANCEMENT OF WOMEN, ADVISORY SERVICES, ANGEL INVESTORS, APPROVAL PROCESS, BALANCE SHEETS, BANK ACCOUNTS, BANK CREDIT, BANK LENDING, BANK LOAN, BANK LOANS, BANKING ACCOUNTS, BANKING RELATIONSHIP, BANKING RELATIONSHIPS, BARRIERS IN ACCESS, BARRIERS TO GROWTH, BARRIERS TO WOMEN, BORROWING, BUSINESS ACUMEN, BUSINESS ADVICE, BUSINESS ASSOCIATIONS, BUSINESS CREDIT, BUSINESS ENTERPRISES, BUSINESS LOAN, BUSINESS LOANS, BUSINESS MANAGEMENT, BUSINESS NETWORKS, BUSINESS OPPORTUNITIES, BUSINESS OPPORTUNITY, BUSINESS ORGANIZATION, BUSINESS ORGANIZATIONS, BUSINESS PLANS, BUSINESS SUCCESS, BUSINESS SUPPORT, BUSINESS WOMEN, BUSINESSWOMEN, CAPACITY BUILDING, CAPITAL INVESTMENT, CAPITAL MARKETS, CAPITAL REQUIREMENT, CAPITAL REQUIREMENTS, CHAMBERS OF COMMERCE, CHECKING ACCOUNTS, COLLATERAL REQUIREMENTS, COMMERCIAL BANK, COMMERCIAL BANKS, CONSULTING SERVICES, CREDIT BUREAUS, CREDIT CARDS, CREDIT FACILITIES, CREDIT GUARANTEE, CREDIT HISTORIES, CREDIT HISTORY, CREDIT INFORMATION, CREDIT INFORMATION SYSTEMS, CREDIT LINE, CREDIT LINES, CREDITORS, DEPOSIT, DEPOSIT ACCOUNTS, DEPOSIT PRODUCTS, DEPOSITORS, DEVELOPMENT BANK, DEVELOPMENT OF WOMAN, EARNINGS, ECONOMIC ACTIVITY, ECONOMIC CONTRIBUTION, ECONOMIC CONTRIBUTIONS, ECONOMIC DECISION, ECONOMIC DECISION-MAKING, ECONOMIC DEVELOPMENT, ECONOMIC EMPOWERMENT, ECONOMIC GROWTH, ECONOMIC OPPORTUNITY, ECONOMIES OF SCALE, EDUCATIONAL ATTAINMENT, EMPLOYEE, EMPLOYMENT GROWTH, EMPOWERMENT OF WOMEN, ENTERPRISE GROWTH, ENTREPRENEUR, ENTREPRENEURIAL ENVIRONMENT, ENTREPRENEURIAL FINANCE, ENTREPRENEURIAL INITIATIVES, ENTREPRENEURIAL VENTURES, EQUAL ACCESS, EQUITY CAPITAL, EQUITY FINANCING, EQUITY INVESTORS, EXTERNAL FINANCING, FAMILIES, FINANCES, FINANCIAL INFRASTRUCTURE, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL INTERMEDIARIES, FINANCIAL LITERACY, FINANCIAL MARKETS, FINANCIAL NEEDS, FINANCIAL PRODUCTS, FINANCIAL SERVICE, FINANCIAL SERVICES, FINANCIAL TOOLS, FINANCIAL TRACK RECORD, FINANCIAL TRAINING, FINANCING NEEDS, FINANCING NEEDS OF WOMEN, FLEXIBLE LOAN, FORMAL FINANCE, FORMAL FINANCIAL INSTITUTION, FORMAL LENDING, GENDER, GENDER BARRIERS, GENDER DISCRIMINATION, GENDER GAP, GREATER ACCESS, GUARANTEE AGENCY, GUARANTOR, HIGH INTEREST RATE, HIGH INTEREST RATES, HOUSEHOLD INCOME, HUSBAND, HUSBANDS, INFORMATION ABOUT BUSINESS, INFORMATION TECHNOLOGY, INSTALLMENTS, INTERNATIONAL FINANCE, JOB CREATION, LABOR FORCE PARTICIPATION, LABOR MARKET, LACK OF ACCESS, LACK OF COLLATERAL, LACK OF INFORMATION, LEGAL ADVICE, LENDERS, LENDING CONDITIONS, LENDING POLICIES, LIMITED ACCESS, LINE OF CREDIT, LOAN, LOAN AMOUNTS, LOAN APPLICATIONS, LOAN CONDITIONS, LOAN GUARANTEE, LOAN GUARANTEES, LOAN OFFICER, LOAN OFFICERS, LOAN PRODUCTS, LOANS FROM FAMILY, LOANS TO WOMEN, LONG TERM FINANCING, MARKET INFORMATION, MFI, MFIS, MICRO-CREDIT, MICROCREDIT, MICROFINANCE, MONEYLENDER, MORTGAGE, MORTGAGES, MULTINATIONAL, NEEDS OF WOMEN ENTREPRENEURS, NETWORKING OPPORTUNITIES, NEW BUSINESSES, NEW MARKETS, NUTRITION, ONLINE BANKING, OPPORTUNITIES FOR WOMEN, OPPORTUNITY FOR WOMEN, OUTREACH, PARTIAL CREDIT, PERSONAL ASSET, PERSONAL BANKING, PERSONAL CAPITAL, PERSONAL SAVINGS, PROFESSIONAL NETWORKS, PROFESSIONAL WOMEN, PROFITABILITY, PROMOTION OF WOMEN, PROPERTY AS COLLATERAL, PROPERTY RIGHTS, RED TAPE, REGISTRATION PROCESS, REGULATORY POLICY, SHORT-TERM FINANCING, SMALL BUSINESS, SMALL BUSINESS OWNER, SMALL BUSINESSES, SOCIAL NETWORKS, START-UPS, SUPPLY CHAIN, SUPPORT FOR WOMEN, TAX CODE, TECHNICAL ASSISTANCE, TRADE FINANCING, TRADITIONAL LOANS, UNEMPLOYMENT, UNION, WEALTH CREATION, WOMAN, WOMAN BUSINESS OWNER, WOMEN BUSINESS OWNERS, WOMEN ENTREPRENEURS, WOMEN IN BUSINESS,
Online Access:http://documents.worldbank.org/curated/en/2013/05/17795429/ready-growth-solutions-increase-access-finance-women-owned-businesses-middle-east-north-africa
https://hdl.handle.net/10986/16445
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