External funding difficulties of female: entrepreneurship in Algeria

Abstract

This study aims to identify the difficulties of external financing of female entrepreneurship. This research brings to the literature new empirical results on the most impactful factor on the decision of women entrepreneurs and women project initiators to seek an external funding. We used the mixed method; the data of the quantitative survey is collected from 102 Algerian women entrepreneurs and 251 women project initiators through a set of questionnaires. A quantitative technique using IBM SPSS Statistics 25 has been employed to conduct the present research through a descriptive analysis. To fill the gaps of the quantitative approach and to reinforce it we added the qualitative study through a series of semi-directional interviews with women entrepreneurs and women project initiators. The obtained result indicates that women entrepreneurs and women project initiators have both personal and environmental obstacles when they seek financing for their companies and also they prefer the self-financing cause they don't take the risk of the external financing.