Females are more likely to reinvest than males
More female entrepreneurs than males spend their microloans on building their businesses in order to give back to their families and communities.
The figures, from the Institute for Economic Empowerment of Women (IEEW), reflect similar data from Hillary Clinton’s International Fund for Women and Girls initiative which show that, in emerging markets, women reinvest a staggering 90 cents of every additional dollar of income in their families’ education, health and nutrition.
Statistics show that 92% of women predict that more women will be venturing into entrepreneurship and that after eight years, 80% of female graduates in developing countries are still in business.
