Female Entrepreneurs Owning Small Businesses in the Agriculture Sector in Comoros, Africa: Challenges Faced in the Conventional System

Asmaou Mohamed Bacha; Habeebullah Zakariyah; Syarah Syahira Mohd Yusoff; Rusni Hassan

doi:10.33102/jmifr.657

Authors

Asmaou Mohamed Bacha Institute of Islamic Banking and Finance, International Islamic University Malaysia, P.O. Box 10, 50728 Kuala Lumpur, Malaysia. https://orcid.org/0009-0006-0214-4894
Habeebullah Zakariyah Institute of Islamic Banking and Finance, International Islamic University Malaysia, P.O. Box 10, 50728 Kuala Lumpur, Malaysia. https://orcid.org/0000-0001-8720-0440
Syarah Syahira Mohd Yusoff Institute of Islamic Banking and Finance, International Islamic University Malaysia, P.O. Box 10, 50728 Kuala Lumpur, Malaysia.
Rusni Hassan Institute of Islamic Banking and Finance, International Islamic University Malaysia, P.O. Box 10, 50728 Kuala Lumpur, Malaysia. https://orcid.org/0000-0003-4332-9044

DOI:

https://doi.org/10.33102/jmifr.657

Keywords:

Challenges, female entrepreneurs, small business, conventional system, comoros.

Abstract

The purpose of this research is to identify the challenges faced by female entrepreneurs in the agriculture sector owning small business in the conventional system in Comoros. To achieve this objective, data was collected using a qualitative research method. With that, structured interviews were conducted between the researcher and female entrepreneurs owning small businesses in the agriculture sector in Comoros. The results suggest that, owning a small business, collateral, conditions attached to the loans and interest rate are the main challenges that entrepreneurs are facing in the conventional system in Comoros. These challenges slow down the growth of female entrepreneurs in the agriculture sector in Comoros and limit their contribution to local production and household income. This re-enforce the need for more suitable financial solutions by national stakeholders, particularly financial institutions and government agencies in the country to support female entrepreneurs and strengthen the agricultural sector.

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