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Women, Enterprise, and Empowerment: Empirical Findings on Female Entrepreneurship and Poverty Alleviation in the Global South
Abstract
To assess the role of female entrepreneurship in alleviating poverty in developing countries, this chapter offers a comprehensive analysis of empirical data gathered from female entrepreneurs across Sub-Saharan Africa, South Asia, and Latin America. The research examines the demographic characteristics of women entrepreneurs, their motivators, challenges, and coping strategies, and the measurable impacts of their businesses on family income, community development, and social transformation, through surveys and qualitative interviews. The findings reveal that while women's entrepreneurship is mainly driven by economic necessity, women also utilize their businesses to seek autonomy, empowerment, and social responsibility. Women employ resilient strategies such as peer mentoring, digital resilience, and informal financial networks despite financial exclusion, regulatory obstacles, cultural constraints, and time poverty. Key developments in gender agency, education, household well-being, and community perceptions of women's roles are also identified.
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