Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/209572
Authors: 
Brixiová, Zuzana
Kangoye, Thierry
Year of Publication: 
2019
Series/Report no.: 
GLO Discussion Paper No. 431
Abstract: 
This paper analyzes the role of networks in the access of female entrepreneurs to start-up capital and firm performance in Eswatini, a country with one of the highest female unemployment rates in Africa. The paper first shows that higher initial capital is associated with better sales performance for both men and women entrepreneurs. Women entrepreneurs start their firms with smaller start-up capital than men and are more likely to fund it from their own sources, which reduces the size of their firm and sales level. However, women with higher education start their firms with more capital than their less educated counterparts. Moreover, women who receive support from professional networks have higher initial capital, while those trained in financial literacy more often access external funding sources, including through their networks.
Subjects: 
networks
start-up capital
women’s entrepreneurship
multivariate analysis
Africa
JEL: 
L53
O12
Document Type: 
Working Paper

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