International Journal of Innovative Research and Development

Abstract

The paper attempts to provide information about entrepreneurship in general and the barriers business students in Sunyani Polytechnic encounter in starting their businesses after graduating from the school. Primary data was obtained through a questionnaire. 220 questionnaires were self-administered by researchers to the business students of Sunyani Polytechnic. 216 questionnaires were returned, properly filled. The questionnaires were analysed using SPSS 16. Pearson correlation was used to establish the relationship between the independent and dependent constructs of the research. The results show a low interest in entrepreneurship among the business students of Sunyani Polytechnic and based on the findings, the implications of the study have been forwarded.

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Abstract

Access to adequate and affordable credit for businesses remains one of the key challenges to economic development in Ghana despite efforts by government, non-governmental organizations and private sector organizations to address this constraint. The Focus of this paper is to investigate the challenges faced by women entrepreneurs in sourcing micro finance in Ghana. A total of 120 respondents were interviewed out of which 80 and 40 women entrepreneurs from Kumasi and Sunyani respectively using convenience sampling. The results confirmed that women entrepreneurs in Kumasi and Sunyani markets are faced with the challenges in accessing loans from microfinance institutions. The study recommends that efforts should be made by micro financial institutions to intensify their campaign to encourage women entrepreneurs to opening savings accounts to improve access to credits.

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