Challenges facing women entrepreneurs in accessing business finance in Kenya: Case of Ruiru Township, Kiambu County

In Kenya, women owned businesses account for over 48% of all SMEs (ILO, 2008). These are differentiated by their demographic profiles, extent of previous business experience, needs, access to resources and growth orientation. The bulk of women entrepreneurs in Kenya operate enterprises associated with traditional women's roles such as, hairstyling, restaurants, hotels, retail and wholesale outlets (ILO, 2008). Women owned enterprises are making a significant contribution to the Kenyan economy, accounting for 20% of Kenya's GDP. Of the 462,000 jobs created annually since 2000 in Kenya, 445,000 jobs have emanated from the informal sector, where 85% of women's businesses are found. (Voices of Women entrepreneurs, Kenya).