Streaming issues? Report here
Azania Moaka 702 Gradient Azania Moaka 702 Gradient
The Azania Mosaka Show
13:00 - 15:00
volume_up
volume_mute

Up Next: Afternoon Drive with John Perlman
See full line-up
The Azania Mosaka Show
13:00 - 15:00
Home
arrow_forward
Business
fiber_manual_record
Opinion
fiber_manual_record
Lifestyle

It’s far less risky to lend to a female entrepreneur than a male one - research

11 August 2020 9:26 AM
Tags:
Entrepreneurship
The Money Show
Bruce Whitfield
Debt
SMEs
female entrepreneurship
business financing
women entrepreneurs
sme
female entrepreneurs
Arabile Gumede
credit profile
Business Partners Limited
female-owned business
woman-owned business
female entrepreneur
business loans
woman entrepreneur
Janeesha Perumal
small- and medium-sized businesses
risk profile

Studies across the world and industries consistently show women-entrepreneurs have a better risk profile, says Janeesha Perumal.

Almost half (47%) of South Africa’s small- and medium-sized businesses (SMEs) have a female head, according to the new SME South Africa survey.

In 2019, the same survey found 41% of SMEs led by women.

Businesses owned by women are less likely to default on their loans than those owned by men, according to Janeesha Perumal, Area Manager at Business Partners Limited.


Also, read: SA’s richest woman opens up about being a refugee and becoming a billionaire


About 4.5% of Business Partners Limited loans are non-performing while the number for businesses owned by women hovers around 3.5%, says Perumal.

“Women are consistently very reliable when it comes to maintaining good credit,” she says.

Arabile Gumede (in for Bruce Whitfield on The Money Show) interviewed Perumal.

Several studies across the world across various industries show that female entrepreneurs have a better risk profile for business loans… Female-owned businesses have better repayment rates and lower default rates…

Janeesha Perumal, Area Manager - Business Partners Limited

Our portfolio clearly reflects that the rate of non-performing loans is much, much lower in female-owned businesses.

Janeesha Perumal, Area Manager - Business Partners Limited

Female entrepreneurs all over the world need not be afraid of applying for credit – they are deemed a lower risk!

Janeesha Perumal, Area Manager - Business Partners Limited

Listen to the interview in the audio below.


This article first appeared on CapeTalk : It’s far less risky to lend to a female entrepreneur than a male one - research


11 August 2020 9:26 AM
Tags:
Entrepreneurship
The Money Show
Bruce Whitfield
Debt
SMEs
female entrepreneurship
business financing
women entrepreneurs
sme
female entrepreneurs
Arabile Gumede
credit profile
Business Partners Limited
female-owned business
woman-owned business
female entrepreneur
business loans
woman entrepreneur
Janeesha Perumal
small- and medium-sized businesses
risk profile

More from Business

South African Airways SAA 123rf 123rfbusiness

Public Enterprises Department says SAA will get funds

21 September 2020 11:56 AM

Public Enterprises acting director-general Kgathatso Tlhakudi says SAA will not be allowed to be liquidated.

Share this:
Read More arrow_forward

rich wealthy businessman salary 123rf 123rfbusiness

International Equal Pay Day: Be more intentional in empowering women

18 September 2020 1:33 PM

Onyi Nwaneri of Afrika Tikkun says it is a joke to celebrate the day when we still have the pay disparities.

Share this:
Read More arrow_forward

absa-5jpg

Demand for commodities used in lowering carbon emissions will certainly increase

18 September 2020 12:06 PM

There’s an inevitability to it – these commodities (such as vanadium, if the tech improves) have a bright future ahead of them.

Share this:
Read More arrow_forward

car motoring 123rf

'Don't overspend on a car purchase - smaller and cheaper equals better value!'

17 September 2020 9:12 PM

Low interest rates and plenty of deals on offer - personal finance guru Warren Ingram points out the pitfalls on The Money Show.

Share this:
Read More arrow_forward

131022woolworths1 .jpg

Woolworths earnings plummet, but SA food business shows strong growth

17 September 2020 8:58 PM

Woolworths Holdings has released its annual financial results. Bruce Whitfield interviews Group CEO Roy Bagattini.

Share this:
Read More arrow_forward

200319-lesetja-kganyago-edjpg

No change to repo rate - 'Perhaps we've seen the bottom of interest rates'

17 September 2020 8:38 PM

Isaah Mhlanga (Chief Economist, Alexander Forbes) on the reasons for the decision announced by SARB governor Lesetja Kganyago.

Share this:
Read More arrow_forward

South African Airways SAA 123rf 123rfbusiness

Funding for SAA rescue fails to materialise

17 September 2020 5:44 PM

Business Day journalist Carol Paton says conditions are tough and there is a problem with SAA having very large liabilities.

Share this:
Read More arrow_forward

gold-glittersjpg

Inflation is not dead. Gold will continue to glitter once fear subsides

17 September 2020 11:39 AM

There is just so much money-printing going on in the world right now, says Bevan Jones, CEO of African Source Markets.

Share this:
Read More arrow_forward

Discovery, Sandton

Hard lockdown was a brave move, on balance - Discovery CEO

16 September 2020 6:54 PM

'I'm optimistic about the year ahead'. The Money Show's Bruce Whitfield interviews Adrian Gore (CEO, Discovery Limited).

Share this:
Read More arrow_forward

craig-foster-octopusjpg

How SA octopus doccie could help boost marine conservation and aquarium's work

16 September 2020 6:27 PM

My Octopus Teacher connecting 'non-ocean' people to nature says Maryke Musson (CEO, Two Oceans Aquarium Education Foundation).

Share this:
Read More arrow_forward

More from Opinion

absa-5jpg

Demand for commodities used in lowering carbon emissions will certainly increase

18 September 2020 12:06 PM

There’s an inevitability to it – these commodities (such as vanadium, if the tech improves) have a bright future ahead of them.

Share this:
Read More arrow_forward

gold-glittersjpg

Inflation is not dead. Gold will continue to glitter once fear subsides

17 September 2020 11:39 AM

There is just so much money-printing going on in the world right now, says Bevan Jones, CEO of African Source Markets.

Share this:
Read More arrow_forward

absa-3jpg

Resource firms and funders are increasingly transparent about carbon emissions

16 September 2020 3:38 PM

The Paris Agreement forces companies and lenders to be responsible and to consider the climate in their operations.

Share this:
Read More arrow_forward

red-cross-negativepng

On the money? It's a big no to generic financial services slogans from Andy Rice

15 September 2020 8:35 PM

Banks and insurers are all saying the same thing! Branding expert Andy Rice berates the sector on The Money Show.

Share this:
Read More arrow_forward

less-riskyjpg

It’s slowly but surely getting less risky to fund mining in Africa

15 September 2020 1:17 PM

Many countries on the Continent are increasingly providing investors with the stability and regulatory certainty they seek.

Share this:
Read More arrow_forward

Young man youth teenager teen boy credit card 123rf 123rfbusiness 123rflifestyle

I’ve never been interested in money - Cameron (11), son of Bruce Whitfield

15 September 2020 11:29 AM

"It's brilliant! The jokes are actually funny," says Cameron in his review of "Manage Your Money Like a Grownup".

Share this:
Read More arrow_forward

John Perlman

'We lived in a big house with a pool. But my parents were anxious about money'

14 September 2020 8:08 PM

Bruce Whitfield interviews 702 presenter John Perlman about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

covid-19 coronavirus economy 123rfbusiness 123rflifestyle 123rf recession

Does Govt have a plan to fix our lockdown-smashed, drowning-in-debt country?

14 September 2020 6:25 PM

The Money Show’s Bruce Whitfield interviews Duma Gqubule, founder at the Centre for Economic Development and Transformation.

Share this:
Read More arrow_forward

absa-insights-thumbnail-wide-article-1jpg

Commodities – with notable exceptions – are having a great year

14 September 2020 2:53 PM

Supply/demand fundamentals are looking good, for now. Absa Corporate and Investment Banking provides a view on 2020 and beyond.

Share this:
Read More arrow_forward

burger-kingjpg

Burger King asks customers to support 'SA citizenship appeal' to Home Affairs

8 September 2020 8:03 PM

Does your burger need a passport? The US fast food chain's campaign is actually just baffling, says advertising expert Andy Rice.

Share this:
Read More arrow_forward

More from Lifestyle

matric-exams-unsplash-jeshootsjpg

Matric Roadmap: Take control of your exams

21 September 2020 8:00 AM

Matriculants, get ready for the forthcoming exam season and safeguard your future by attending the AAA Matric Revision Programme.

Share this:
Read More arrow_forward

itu-merafejpg

COVID-19 turns ballet dancer and choreographer into online fitness maestro

20 September 2020 4:18 PM

Ipeleng Merafe and friends from the US, UK, Israel, Reunion Island and other places collaborate and share their experiences.

Share this:
Read More arrow_forward

car motoring 123rf

'Don't overspend on a car purchase - smaller and cheaper equals better value!'

17 September 2020 9:12 PM

Low interest rates and plenty of deals on offer - personal finance guru Warren Ingram points out the pitfalls on The Money Show.

Share this:
Read More arrow_forward

Young man youth teenager teen boy credit card 123rf 123rfbusiness 123rflifestyle

I’ve never been interested in money - Cameron (11), son of Bruce Whitfield

15 September 2020 11:29 AM

"It's brilliant! The jokes are actually funny," says Cameron in his review of "Manage Your Money Like a Grownup".

Share this:
Read More arrow_forward

John Perlman

'We lived in a big house with a pool. But my parents were anxious about money'

14 September 2020 8:08 PM

Bruce Whitfield interviews 702 presenter John Perlman about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

Fear businessman storm ocean 123rf 123rfbusiness

Foreigners – fearful of SA’s spiralling debt – are dumping government bonds

14 September 2020 7:14 PM

The Money Show’s Bruce Whitfield interviews Kevin Lings, Chief Economist at Stanlib Asset Management.

Share this:
Read More arrow_forward

ZDFin

New specialist property financier, ZDFin to bridge the gap for community schemes

14 September 2020 7:30 AM

Looking for bridging finance and smart financial solutions for community schemes? Keep reading.

Share this:
Read More arrow_forward

Lockdown levels South Africa Covid-19 coronavirus 123rf

We need a paradigm shift in how we view the creative industry - Sibongile Mngoma

13 September 2020 11:43 AM

Sibongile Mngoma says a budget must be factored in to help venues to be covid-compliant so we can open the industry responsibly.

Share this:
Read More arrow_forward

ntando-mahlangujpg

I started running in 2014 and in 2016 I went to Rio to represent SA - Ntando

12 September 2020 3:35 PM

Young Paralympic star Ntando Mahlangu is featured in the Netflix documentary 'Rising Phoenix' which launched on 26 August.

Share this:
Read More arrow_forward

191219dogjpg

[WATCH] A mother speaks to a dog like she’s speaking to a human

11 September 2020 8:28 AM

Khabazela shares some of the videos that went viral on Twitter and Facebook

Share this:
Read More arrow_forward