Exploring the Opportunities for Women-owned SMEs in Cambodia
Facilitating a dynamic and competitive small-and medium-sized enterprises (SME) sector is a strong priority in both developed and emerging economies. In this context, despite significant success in sustaining high economic growth and job creation,...
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Language: | English |
Published: |
International Finance Corporation, Washington, DC
2019
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Online Access: | http://documents.worldbank.org/curated/en/654951573044863479/Exploring-the-Opportunities-for-Women-owned-SMEs-in-Cambodia http://hdl.handle.net/10986/32753 |
Summary: | Facilitating a dynamic and competitive
small-and medium-sized enterprises (SME) sector is a strong
priority in both developed and emerging economies. In this
context, despite significant success in sustaining high
economic growth and job creation, Cambodia is at a
relatively early phase of developing targeted SME policies.
SMEs, both men- and women-owned, face several challenges,
including access to markets, low productivity, lack of
qualified and skilled labor, lack of innovation, as well as
a complicated and relatively costly registration procedure.
This study intends to capture data on both men- and
women-owned SMEs in Cambodia to be able to better understand
the gender implications in the provision of targeted
business development as well as banking services in the
country. The objective of the research is thus to inform the
government, private and state-owned banks as well as the
international community about the financial and
non-financial constraints faced in particular by women-owned
SMEs that can be addressed at policy, financial sector, and
market levels. In addition, the study aims to outline the
opportunities that women-owned SMEs represent for banks and
how banks are missing out on a separate and strategic
customer segment. It also explores potential solutions that
can be utilized to help overcome the typical barriers faced
by women. |
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