Out-of-date, gender-biased lending practices often mean female entrepreneurs are more likely to get higher interest rates, smaller loan amounts and increased penalties for mistakes.
ddressing these disparities is crucial for fostering a more inclusive and sustainable business environment. Environment of business scalability is also expensive to run with bills, taxes, resources that at are competent with capacity, infrastructure and security requires evaluation when reviewing loans and funding for women led businesses.
Nigeria has a growing – working population that are youth centred, the unemployment and underemployment figures according to National Bureau of Statistics (NBS), increasing year on year, also shows that women are significantly impacted more than men. The gender implications for women in security, poverty, health, leadership and political representation, is on the rise. While a solution is to create an environment that nurtures everyone inclusively, the economic interventions are still limiting and its impact affects women’s economic power.
It’s time to recognize and celebrate the crucial role that women play in economic development. From contributing to household income to making their own financial decisions, these powerhouse women are not only boosting their autonomy but also empowering their communities. Moreover, with increased visibility in the workforce, women are taking on a greater role in[…]
Here are some myths about women’s economic roles; 1. THE MYTH: INVESTING IN WOMEN DOESN’T PAY. The truth: eliminating gender inequalities will increase global GDP. According to a recent McKinsey Global Institute analysis, if women play the same role in labor markets as men, the global yearly GDP may increase by $28 trillion, or 26%,[…]
FACTS ABOUT YOUNG WOMEN’S PARTICIPATION IN LEADERSHIP 1. Global percentage of young women participation in politics is 22.5% 2. African participation of young women in leadership is 23.4% 3. Nigeria’s participation of young women in politics is 6.7% 4. The world gender gap is 63.9% 5. Some causes of the gender gap in female participation[…]
Happy International Day of the Girl Child. HEIR Women Hub was live at Love 104.5 FM Abuja With @penieldiala to discuss on the topic: Invest in Girls’ Rights: Our Leadership, Our Well-being amidst the Prevalence of Gender-Based Barriers militating against Young Women’s Career Doevelopment in Nigeria. It was an educating session indeed with many salient[…]
HEIR Women Hub recently ran a research titled Addressing Gender Barriers against Young Women Career Development in Nasarawa State. This was made possible with the support of the Nigerian Women Trust Fund. When we asked the young women we interviewed on their personal experiences on Gender barriers we got some important information. In terms of[…]
Join us for our first discussion of the year as we speak about Engaging the right Resources to Building Economic Justice for young Women. Can the disparities in gender be fixed? Of course. This discussion promises to be very engaging. It’s happening live on our Facebook page @heirwoman. This is brought to you by HEIR[…]
According to a World Bank 2019 report, women contribute 37% of the Global GDP despite representing almost half of the world’s population. Gender inequalities can be called out as a major factor in this. The 2030 Sustainable Development Goals will remain a shadow if young women still encounter gender disparities. If Goal 5 of the[…]