Obstacles of women entrepreneurial success in the case of chiro city

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International Journal of Development Research

Volume: 
08
Article ID: 
12646
9 pages
Research Article

Obstacles of women entrepreneurial success in the case of chiro city

Tewodros Biset Amene

Abstract: 

This study was designed to identify the major obstacles of women entrepreneurial success in chiro town, Oromia National regional state, Ethiopia. A total of 283 questionnaires were distributed and 202 questionnaires were filled and returned. Primary data were collected through questionnaires from 202 women enterprises. The collected data was processed and analyzed by using both descriptive and factor analysis statistical techniques (SPSS Version 22). The results of descriptive analysis indicates that the major obstacles of women entrepreneurial success were lack of finance, lack of market linkage, location, negative attitude and interruption of Electricity respectively. Factor analysis was employed for 43 variables to determine the major factors. Extraction mechanisms were Principal component analysis and Promax rotation method and only 30 variables that have explained higher than the rest of the variables and these variables have been grouped in to six factors according to their nature and Eigen values greater than 1. Thus, factor one illustrates 28.56%, factor two illustrates 11.444%, factor three 8.916%, factor four 6.703%, factor five 5.736% and factor six illustrates 3.9 95% of phenomenon the study. These six extracted factors explain 65.35 of the total extracted variance and the studied phenomenon.

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