Throughout the decades, women have been the backbone of the family. Currently, they are the cornerstone of the world’s social, cultural and economic development. In the United States, according to the Department of Labor, women represent 47% of the entire workforce. In absolutely every field, they are proving to be ready to participate and above all to be in charge, despite the large gaps that cannot be hidden.
Until a few years ago, the participation of women within organizations was considered in lower-ranking positions or assisting “big businessmen”. Fortunately, opportunities have opened up considerably and more women are now leading companies around the world.
But there is still a long way to go. Female entrepreneurs in particular face one of the biggest challenges, the gender gap in financing. Access to business loans for women has historically been complex due to several factors, including lack of credit history and stereotypes in evaluations.
We should mention that new companies, like Camino Financial, offer loans for women with promising businesses, focusing on the hard work and not the gender.
Today, the United States is one of the few countries that show greater parity in access to credit for starting a business led by women, according to the Organization for Economic Co-operation and Development (OECD).
Women generating jobs
According to the Global Entrepreneurship Monitor 2018/2019 Report on Women’s Entrepreneurship, more than 250 million women around the world are entrepreneurs. The main sectors in which women participate are wholesale and retail, financial, professional, and administrative services, as well as government, health, education, and social services.
Despite these challenges, there are no limits for women. The only thing you need to start the adventure is to follow your dreams, support yourself with tools such as business loans for women, courses, workshops, and as much knowledge as you can acquire. We all have different capabilities but some of the most powerful when starting a business, according to Hult International Business School, are:
– Effective communication
– Emotional Intelligence
– Conflict Management
– Organization and order
– Teamwork
– Adaptability
Women changing the future
Women are innovative and are leading the way in all sectors of the economy. There are many examples of successful women entrepreneurs, such as Akasha Rabut, owner of Resilia, a New Orleans-based agency that developed a technology platform to help nonprofit associations increase their capacity and reach. Another great success story is Jillian Freyer’s case, founder of Teach-now, a company that trains and educates teachers online with tools, including master’s degrees in early childhood education.
These are just two of the women who have changed the paradigms in their industry and you can join the list. No matter if your passion is science, architecture, gastronomy, or helping people, you can develop the entrepreneurship of your dreams. If your limitation to generate a business is money, you can rely on business loans for women, so that you can start and take your ideas to their maximum potential.
Times have changed, and although there are still many obstacles to be overcome, work opportunities are increasingly open to skills rather than gender. If we help each other among women, the future will be better for all. Work for your dream of entrepreneurship and don’t let old-fashioned ideas limit your potential.
The entrepreneurial road is full of curves and requires all your effort, but the reward will make it worthy. Get advice from experts, use organizations dedicated to strengthening women’s businesses, and rely on financial institutions like Camino Financial, which will provide you with tools for all phases of your business, such as access to business loans for women, a product suited to real needs.
Identify the local needs that you can solve with your business, analyze the resources you have, learn about the business loans for women available and don’t wait any longer, go out and eat the world. Tell us, what kind of business you want to start, and what do you need to do it?