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Empowering women agriculture entrepreneurs: banks' role in achieving sustainable development goals

Empowering women agriculture entrepreneurs: banks' role in achieving sustainable development goals

Tomisin, Adefare, Adeola, Ogechi, Mogaji, Emmanuel ORCID: 0000-0003-0544-4842 , Nguyen, Nguyen Phong and Mogaji, Stephen Alaba (2024) Empowering women agriculture entrepreneurs: banks' role in achieving sustainable development goals. International Journal of Bank Marketing. ISSN 0265-2323 (doi:https://doi.org/10.1108/ijbm-03-2023-0128)

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Abstract

Purpose (limit 100 words) This research aims to explore the role of banks in supporting Women Agriculture Entrepreneurs (WAEs) to contribute towards achieving the Sustainable Development Goals (SDGs). It focuses on the experiences of women entrepreneurs in the agriculture sector, recognising their vital role in driving economic growth and achieving the SDGs. Design/methodology/approach (limit 100 words) The study utilises the role congruity theory and the feminist agri-food systems model as its theoretical framework. Qualitative data from 35 Women Agricultural Entrepreneurs and 7 Bank Managers responsible for agricultural financial services and business development are collected and thematically analysed to achieve the research objectives. Findings (limit 100 words) Though bank managers claim they offer specialised financial products with dedicated support teams, WAEs express scepticism due to fears of unfavourable deals and excessive requirements. WAEs need more understanding of SDGs but recognise their substantial contributions. Bank managers acknowledge the need to enhance efforts, improve communication of offers, and integrate SDGs across all business operations beyond agriculture and women-centric initiatives. Practical implications (limit 100 words) Banks must prioritise gender sensitivity and inclusivity for WAEs, offering tailored financial products and flexible loan structures. Microfinance and strategic marketing can enhance outreach. WAEs benefit from forming associations, accessing support networks, collaborating with banks, government agencies, NGOs, and agricultural associations for mentoring and networking, and achieving the SDGs and sustainable agriculture. Originality/value (limit 100 words) The study connects WAEs and Banks in achieving SDGs.

Item Type: Article
Additional Information: ** Article version: AM ** From Emerald via Jisc Publications Router ** History: received 01-03-2023; rev-recd 08-12-2023; accepted 11-12-2023. ** Licence for AM version of this article: https://creativecommons.org/licenses/by/4.0/
Uncontrolled Keywords: emerging economies; banks; women entrepreneurs; agriculture; SDGs; developing countries
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HD Industries. Land use. Labor
S Agriculture > S Agriculture (General)
Faculty / School / Research Centre / Research Group: Faculty of Business
Related URLs:
SWORD Depositor: Publications Router
Last Modified: 16 May 2024 12:58
URI: http://gala.gre.ac.uk/id/eprint/45381

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