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Empretec Women in Business Award 2012 publication - Unctad XI

Empretec Women in Business Award 2012 publication - Unctad XI

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THOUGHTS FROM EXPERTS 38<strong>Women</strong> around the world are actively build<strong>in</strong>g better communities, and though the contexts are different, the challenges they face areremarkably similar: Globally, female entrepreneurs say that obta<strong>in</strong><strong>in</strong>g f<strong>in</strong>anc<strong>in</strong>g is their greatest obstacle 4 Discrim<strong>in</strong>atory laws and traditions onproperty ownership and <strong>in</strong>heritance exacerbate this problem, s<strong>in</strong>ce they make it harder for women to f<strong>in</strong>d collateral for loans 5<strong>Women</strong> also face limited access to diversified markets. Social and cultural constra<strong>in</strong>ts make it more difficult for them to travel. These constra<strong>in</strong>tsalso restrict <strong>in</strong> other ways women’s abilities to conduct bus<strong>in</strong>ess outside their communities. Yet commercial networks that extend beyond the localare vital for expand<strong>in</strong>g operations and for <strong>in</strong>creas<strong>in</strong>g profits.In addition, women often lack bus<strong>in</strong>ess-management tra<strong>in</strong><strong>in</strong>g and technical skills. This disadvantage often can be traced to cultural and historicalforces that limit women’s access to education. This discrim<strong>in</strong>ation that can start when they are very young.Despite these obstacles, many female entrepreneurs do not give up. I have met many who have persevered and have succeeded. Today theirtenacity should be matched by an <strong>in</strong>vestment <strong>in</strong> resources to tap their entrepreneurial potential and to support their abilities to create and expandbus<strong>in</strong>esses.Gayle Tzemach Lemmon is a journalist and the author of The Dressmaker of Khair Khana, a book that tells the story of a real-life hero<strong>in</strong>e fromAfghanistan, a young entrepreneur whose bus<strong>in</strong>ess created jobs and hope for women <strong>in</strong> her neighborhood dur<strong>in</strong>g the Taliban years.Gayle ma<strong>in</strong>ly reports on economic and development issues with a focus on women; she has reported on entrepreneurs <strong>in</strong> conflict and postconflictregions for the F<strong>in</strong>ancial Times, New York Times, International Herald Tribune, the Daily Beast, and Christian Science Monitor, along withMs. Magaz<strong>in</strong>e, Bloomberg, Politico and the Huff<strong>in</strong>gton Post. Gayle earned an MBA from Harvard Bus<strong>in</strong>ess School, where she received the 2006Dean’s <strong>Award</strong> for her work on women’s entrepreneurship.4. ICRW, One <strong>Women</strong> = One Bus<strong>in</strong>ess (ICRW: Wash<strong>in</strong>gton, DC, 2008), http://www.icrw.org/files/<strong>publication</strong>s/One-Woman-Equals-One-Bus<strong>in</strong>ess.pdf: 3.5. ILO, Assess<strong>in</strong>g the Enabl<strong>in</strong>g Environment for <strong>Women</strong> <strong>in</strong> Growth Enterprises (Geneva, ILO, 2007): 2.

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