In the business process, the challenges of running a business between women and men are not much different. However, there are still opinions and views.vSocial norms directly affect the ability of female business owners to access capital. So what are these difficulties, what are the policies to support female business owners, the following article will provide specific information from SeABank.
Women-owned business status
According to "Promoting Business Growth by Removing Barriers: White Paper on Women-Led Small and Medium Enterprises", the proportion of small and medium enterprises accounts for 98% of the total number of enterprises. Of which, 20% are owned by women and are mainly micro, small to medium scale. With this position, it can be seen that women-owned enterprises are currently playing an important role in contributing to our country's economy.
Barriers to women-owned businesses
- Barriers of social prejudice: Due to social norms, the view that women are the ones who take care of their children and family is still limited. Specifically, women are the ones who take care of their children and family, so they do not have time to lead the business, women lack financial knowledge and investment more than men, women are afraid of risks and seek investment opportunities... In addition, when deciding to start a business, they have to face unfair evaluation from society, their achievements are also underestimated or ignored. This is the mental barrier that makes it more difficult for female owners to do business.
- Resource barriers: Because of the perception that women are not capable of leading businesses, it is very difficult to supplement resources when running a business, from family to society, including the ability to access capital. Women often do not own assets in their own name, and the scale of small businesses makes the ability to attract investment and access capital more difficult than men.
Barriers that make it difficult for female entrepreneurs to start a business
Promotions for businesses when Women are owners at SeABank
With the desire to accompany and support female owners to break through and create motivation for businesses with female owners. SeABank has built lending policies to solve the difficulties that female-owned businesses are facing. Specifically, there are policies on capital sources, business connection support, and in-depth knowledge support.
Funding support
Currently, SeABank has introduced preferential policies for female-owned businesses: Competitive lending interest rates in the market with short-term VND loan interest rates starting from only 5.2%/year, medium and long-term loans at 8%/year. Granting unsecured overdraft limits up to 5 billion VND, competitive credit/collateral value ratio. With this credit policy, SeABank hopes to help female owners increase capital resources in the process of business development.
SeABank accompanies and supports female business owners
Support business connection
In addition to supporting female business owners with capital, SeABank also launched the “Club for female business owners - SeAPower” to provide comprehensive, specialized care services for female leaders, while providing a variety of business capacity care packages. In addition, businesses will have the right to participate in large-scale business conferences and high-end networking events with large organizations, corporations, and businesses. In addition, this is a playground for female business owners to demonstrate their abilities and capabilities.
SeAPower Club for Female Business Owners
Support in-depth knowledge
Female CEOs often have the opportunity to participate in free classes and experience sharing sessions on many topics, supplementing their knowledge of human resource management. In addition, SeABank also designs specialized training courses for all employees in female-owned businesses.
Conclusion
Through the above article, it can be seen that SeABank has introduced a set of “solutions to support female-owned businesses". Hopefully, through this article, female owners will feel more secure when choosing SeABank as a support for capital, knowledge as well as connection and learning between businesses. For more information about support policies at SeABank, please contact us at the website or Hotline 1900.599.952 (KHDN) for consultation and experience.
