Empowering Women through Knowledge: Evaluating the Impact of World Bank-Supported Financial Education on Entrepreneurship Development in Juba, South Sudan

Women’s entrepreneurship is vital for economic empowerment and recovery in post-conflict environments like South Sudan. However, many women face challenges such as low financial education, poor training methods, and limited access to resources, which restrict their ability to establish or grow businesses. This study examines the impact of a World Bank-supported financial education program on women’s entrepreneurship development in Juba, focusing on training effectiveness and access to resources. A descriptive and analytical research design was adopted, and structured questionnaires were used to collect data from 317 women who participated in the program. The analysis, conducted using SPSS, included descriptive statistics, Pearson correlation, and regression analysis to assess the relationships between financial education, training delivery, resource availability, and entrepreneurial outcomes. Findings revealed that 34% of respondents initiated income-generating activities after the training, while 64% reported improved business or financial management. A significant positive correlation (r = 0.572, p < 0.01) was found between financial education and entrepreneurship development. Regression results showed that financial education accounted for 35% of the variance in entrepreneurship outcomes. Despite these positive results, women continued to face barriers such as lack of capital, limited mentorship, and socio-cultural constraints. The study emphasizes the need for participatory, learner-centered approaches and the integration of mentorship and resource facilitation into training programs. It concludes that financial education, when adapted to the local context and supported by institutions, can significantly enhance women’s entrepreneurial success and should be prioritized within South Sudan’s development and recovery agendas.

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Publication Details

Journal
International Journal of Science and Business
Published
2025-01-01
DOI
https://doi.org/10.58970/ijsb.2578
Primary Topic
Entrepreneurship Studies and Influences
Type
article
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article

Empowering Women through Knowledge: Evaluating the Impact of World Bank-Supported Financial Education on Entrepreneurship Development in Juba, South Sudan

Peter Gumbo Ungang Utong
1 links
International Journal of Science and Business
Entrepreneurship Studies and Influences
article

Empowering Women through Knowledge: Evaluating the Impact of World Bank-Supported Financial Education on Entrepreneurship Development in Juba, South Sudan

Peter Gumbo Ungang Utong
article en

Abstract

Women’s entrepreneurship is vital for economic empowerment and recovery in post-conflict environments like South Sudan. However, many women face challenges such as low financial education, poor training methods, and limited access to resources, which restrict their ability to establish or grow businesses. This study examines the impact of a World Bank-supported financial education program on women’s entrepreneurship development in Juba, focusing on training effectiveness and access to resources. A descriptive and analytical research design was adopted, and structured questionnaires were used to collect data from 317 women who participated in the program. The analysis, conducted using SPSS, included descriptive statistics, Pearson correlation, and regression analysis to assess the relationships between financial education, training delivery, resource availability, and entrepreneurial outcomes. Findings revealed that 34% of respondents initiated income-generating activities after the training, while 64% reported improved business or financial management. A significant positive correlation (r = 0.572, p < 0.01) was found between financial education and entrepreneurship development. Regression results showed that financial education accounted for 35% of the variance in entrepreneurship outcomes. Despite these positive results, women continued to face barriers such as lack of capital, limited mentorship, and socio-cultural constraints. The study emphasizes the need for participatory, learner-centered approaches and the integration of mentorship and resource facilitation into training programs. It concludes that financial education, when adapted to the local context and supported by institutions, can significantly enhance women’s entrepreneurial success and should be prioritized within South Sudan’s development and recovery agendas.

International Journal of Science and BusinessVol. 45(1)
Openalex Percentile: Top 74%
Entrepreneurship Studies and Influences
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Empowering Women through Knowledge: Evaluating the Impact of World Bank-Supported Financial Education on Entrepreneurship Development in Juba, South Sudan — Peter Gumbo Ungang Utong · International Journal of Science and Business (2025) | TGRS Research Map | TGRS