Female Entrepreneurs in Latin America and the Caribbean

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(CC) IUCNweb/Flickr
(CC) IUCNweb/Flickr

Most companies in Latin America are founded and run by men. Nevertheless, the number of women entrepreneurs is on the rise across the region, according to the recent report “Mujeres emprendedoras en América Latina y el Caribe: realidades, obstáculos y desafíos” (Femail entrepreneurs in Latin America and the Caribbean: Realities, Obstacles and Challenges), published by Cepal. Even so, many of the new female business leaders face greater difficulties in accessing credit lines, as well as other challenges such as that of juggling their work with their family commitments and the lack of female leadership models.

The CEPAL study found that most female entrepreneurs were between 31 and 45 years of age. Furthermore, married women are represented more heavily among entrepreneurs (31%) than among employees in general (27%). Many of the new crop of female entrepreneurs have chosen to operate in the retail and services sectors, often in areas related to female identity such as health, beauty and education.

For more information, you can consult the full text (in Spanish) here.