When you think of micro-loans what comes to mind? Probably women in third world countries. Conversely, when you think of entrepreneurs what image is in your mind? A 30-something man more than likely.
Here are some statistics that might surprise you:
- 5.5 million jobs will be create between now and 2018 by women founded companies.
- Women own 400,000 firms in Korea and 500,000 in Indonesia.
- Women run 20% of all small business in China.
- Women run 40-50% of small businesses in the developing world.
Women are considered an emerging market. And that is good news because $500 billion dollars has gone into emerging markets in the past few years.
This and so much more is in Gayle Tzemach Lemmon’s TedTalk, but my favorite quote was:
“Women cannot be both half the population and a special interest group!”