Enhancing Women’s Entrepreneurship in Rural Ecuador: A Study Protocol Aligned with the Sustainable Development Goals

Women entrepreneurs in rural Ecuador face significant obstacles, including limited access to education, financial services, and business networks. Despite their vital role in the economy, gender inequalities hinder their success. This study protocol aims to evaluate the impact of a tailored business training program designed to empower rural women entrepreneurs and promote sustainable economic development. Aligned with the Sustainable Development Goals (SDGs) of Quality Education (Goal 4), Gender Equality (Goal 5), and Decent Work and Economic Growth (Goal 8), the program will assess improvements in women’s agency, confidence, and business performance. Key results include a 54% increase in perceived self-efficacy and a 200% increase in locus of control observed in the pre-pilot phase, indicating enhanced decision-making capacities and program effectiveness. Expected improvements in business performance will be measured by sales figures and financial growth, with anticipated positive impacts on SDG 8. The program will also track participation rates, with high enrollment and completion rates contributing to SDG 4. Additionally, financial stability and the number of engaged suppliers will be monitored, supporting SDG 8. By incorporating additional structural interventions, the study will offer insights into enhancing the empowerment of rural women entrepreneurs, creating a holistic impact that fosters both individual and community development.

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Publication Details

Journal
Economies
Published
2024-08-26
DOI
https://doi.org/10.3390/economies12090225
Citations
2
Primary Topic
Innovation and Socioeconomic Development
Type
article
Field-Weighted Citation Impact
1.35

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article

Enhancing Women’s Entrepreneurship in Rural Ecuador: A Study Protocol Aligned with the Sustainable Development Goals

Marco Faytong‐Haro, Angélica María Sánchez Riofrío, Jonathan Valderrama-Álvarez, Olga Roa
2 citations
Economies
Innovation and Socioeconomic Development
1.35
article

Enhancing Women’s Entrepreneurship in Rural Ecuador: A Study Protocol Aligned with the Sustainable Development Goals

Marco Faytong‐Haro, Angélica María Sánchez Riofrío, Jonathan Valderrama-Álvarez, Olga Roa
article en
2 citations

Abstract

Women entrepreneurs in rural Ecuador face significant obstacles, including limited access to education, financial services, and business networks. Despite their vital role in the economy, gender inequalities hinder their success. This study protocol aims to evaluate the impact of a tailored business training program designed to empower rural women entrepreneurs and promote sustainable economic development. Aligned with the Sustainable Development Goals (SDGs) of Quality Education (Goal 4), Gender Equality (Goal 5), and Decent Work and Economic Growth (Goal 8), the program will assess improvements in women’s agency, confidence, and business performance. Key results include a 54% increase in perceived self-efficacy and a 200% increase in locus of control observed in the pre-pilot phase, indicating enhanced decision-making capacities and program effectiveness. Expected improvements in business performance will be measured by sales figures and financial growth, with anticipated positive impacts on SDG 8. The program will also track participation rates, with high enrollment and completion rates contributing to SDG 4. Additionally, financial stability and the number of engaged suppliers will be monitored, supporting SDG 8. By incorporating additional structural interventions, the study will offer insights into enhancing the empowerment of rural women entrepreneurs, creating a holistic impact that fosters both individual and community development.

EconomiesVol. 12(9)
Universidad Espíritu Santo (EC)
Universidad de Especialidades Espíritu Santo
Gender equality
Openalex Percentile: Top 16%
Innovation and Socioeconomic Development
1.35
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Enhancing Women’s Entrepreneurship in Rural Ecuador: A Study Protocol Aligned with the Sustainable Development Goals — Marco Faytong‐Haro, Angélica María Sánchez Riofrío, et al. · Economies (2024) | TGRS Research Map | TGRS