Limitations Of Women Entrepreneurship

Constrains of Women Entrepreneurs

Women in India are faced many problems to get ahead their life in business. Some of them are explained here under:

1. Patriarchal Society

Entrepreneurship is male dominated area, which develop hurdles to women entrepreneurers in the interpersonal process. Women are not treated equally to men. Their entry into business requires the approval of the head of family. Women entrepreneurs face shift competition for their products from organized industries and male entrepreneurs. Despite the fact that women entrepreneurs are good in keeping their service prompt and delivering in time, due to lack of organizational skills compared to male entrepreneurs women have to face constraints from competition.

2. Family Obligations

Most of the women are illiterate or low education. Those who are educated are provided either less or inadequate education than their male counterpart parts due to early marriage, partly due to son’s higher education, partly due to poverty. Thus, lack of education creates another problem for women in the setting up and running of business enterprises.

4. Social Attitudes

The traditions and customs prevailed in Indian societies towards women sometimes stand as an obstacle in the path of entrepreneurship. Castes and religions dominate with one another and hinder women entrepreneurs too. Despite constitutional equality, there is widespread discrimination against women. In male dominated society women do not get equal treatment. This is specially so in the rural areas of India.

5. Scarcity of raw materials

Most of the women enterprises are plagued by the scarcity of raw material and necessary inputs. When women entrepreneurs do not encounter the problems of shortage of raw materials, sometimes nor, availability of proper and adequate raw materials sounds the death-knell of the enterprises run by women entrepreneurs. Women entrepreneurs really face a tough task in getting the required raw material and other necessary inputs from different sources with discount

Women entrepreneurs suffer from inadequate financial resources and working capital then lack of access to external funds due to their inability to provide tangible security. Very few women have property in their names. Bankers, creditors and financial institutes are not coming forward to provide financial assistance to women borrowers on the ground of their less credit worthiness and more chances of business failure. They also face financial problem due to blockage of funds in raw materials, work-in-progress finished goods and non-receipt of payment from customers in time.

7. Credit Facilities

Though women constitute about 50 per cent of population, the percentage of small scale enterprise where women own 51 per cent of share capital is less than 5 per cent. Women are often denied credit by bankers on the ground of lack of collateral security. Therefore, women’s access to risk capital is limited.

The complicated procedure of bank loans, the inordinate delay in obtaining the loans and running about involved do deter many women from venturing out. At the same time, a good deal of self-employment programme has been promoted by the Government and commercial