Entrepreneurship and Poverty Reduction among Women in Makarfi Local Government Area, Kaduna State, Nigeria
Keywords:
Entrepreneurship, OLS, Poverty, Women EntrepreneursAbstract
The study examined the effect of entrepreneurship on poverty reduction among women
entrepreneurs in Mafarfi LGA, Kaduna State, Nigeria. While the poverty in this study is
measured in monetary terms using average monthly earnings of women entrepreneurs from
their entrepreneurial activities, the entrepreneurship is measured in terms of its four (4)
dimensions, which include years of experience in enterprise, ability to create employment,
monthly average wage bill and the size of enterprise of women entrepreneurs. A sample of
fifty (50) women entrepreneurs was purposively selected from each of the ten (10) local wards
of Makarfi LGA, for a total of five hundred (500) women entrepreneurs as the study's sample
population. In contrast, a total of four hundred and twenty (420) were valid returned
responses and used for analysis. The study used a survey method to collect data, and
subsequently, Ordinary Least Squares (OLS) regression was adopted for analysis.
Consequently, the findings of this study indicate that business size and years of experience in
the enterprise of women entrepreneurs have positive and significant effects on women
entrepreneurs' average monthly earnings, whereas employees and the monthly wage bill
negatively affect their average monthly earnings. In conclusion, entrepreneurship is a
veritable means of addressing poverty by enhancing the living standards of women
entrepreneurs in Makarfi LGA, Kaduna State. Therefore, the study's recommendations
include promoting entrepreneurship among women from a tender age to equip them with
entrepreneurship skills, thereby fostering enthusiasm to tackle the problem of poverty among
women in Makarfi LGA, Kaduna State, Nigeria.