What question did this study set out to answer?

To explore socio-cultural barriers affecting women entrepreneurs' access to finance in Oyo State, Nigeria.

August 2, 2026Open Access

Socio-Cultural Barriers to Financing Women Entrepreneurs in Oyo State, Nigeria: Implication for Employment Generation and Inclusive Economic Growth

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Mixed methods study reveals socio-cultural barriers hinder women's financial access, impacting economic growth.

To explore socio-cultural barriers affecting women entrepreneurs' access to finance in Oyo State, Nigeria.
Mixed method data collection using qualitative interviews and quantitative surveys.
Interviews with 12 female traders from three markets in Oyo State.
Survey data collected from 150 female traders across major markets in Ibadan, Ogbomosho, and Saki.
Identified key barriers including gender norms, limited collateral ownership, and time constraints.
Barriers significantly reduce financing outcomes and limit enterprise performance, affecting sales and employment generation.
Restricted access to finance undermines household economic security and perpetuates gender inequality.

Adebukola Olufunke Dagunduro (2026) studied this question.

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