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This documentary says Nigeria has more women entrepreneurs than any country in the world

BellaNaija.com

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A recent documentary by BBC shows the entrepreneurial spirit of Nigerian women.

BBC spoke to two women – Ayo Megbope and Aminat Salau – who sell moi moi, a meal made from beans, to make a living.

“Forty percent of Nigerian women are entrepreneurs, that is higher than anywhere else in the world,” BBC said.

Ayo started by selling moi moi, but now has a restaurant and a catering service.

“I started my business about nine years ago with a seed capital of $3. Nine years after, we are turning over about $250,000 annually. My access to education and information has helped me a great deal. Family and friends have also been good to me. There have been times that I got stuck and I needed to raise capital and I ran to family and friends because the traditional financial institutions would not listen to me,” Ayo said.

According to Aminat: “Sales are good, on some days we sell 60 or 80 wraps in the morning. When we have more time or more people passing by, we sell till late in the evening.”

According to BBC: “Female entrepreneurs in Nigeria often struggle to secure investment, banks normally require collateral, like property, which women often do not have. Without access to capital, it will be difficult for Aminat to grow her business.”

13 Comments

  1. Jobless feminist or runs girl or entrepreneur

    February 11, 2017 at 8:37 pm

    I thought Bellanaija commenters said we are all runs girls or jobless feminists.

    • LemmeRant

      February 11, 2017 at 9:55 pm

      I thought Bellanaija commenters said we are all misogynists that run a patriarchal society.

    • Anon

      February 11, 2017 at 10:24 pm

      Your own comments show that you’re a misogynist though

    • A Real Nigerian

      February 11, 2017 at 11:13 pm

      Hahaha! This guy and his lame comebacks?
      Try harder, cuck.

    • Seriously

      February 12, 2017 at 3:11 pm

      Well, the money to start a business has to come from somewhere right? especially when it’s so hard to get a loan and help. There’s still high number of run girls in big cities like Abuja and Lagos. But who knows reformed run girls will one day turn into entrepreneurs. Unfortunately, circumstances also call for such lifestyle.

      On a serious note, Nigerian women are the most hardworking women I know. Each time I visit Nigeria, I’m blown away. Majority of the businesses are run by the women, they don’t sit around complain but get to work. I wish, we will see more of this reality. They work hard like it’s nothing, still cook, take care of their families and making that money. They embody what doing it all stands for without throwing it in your face. Only if the men will appreciate it more and not take it for granted. They make being a working woman, mother and wife look like cupcakes. They’ve been successful single mother stories, and women liberation way before the West got a hold of it. Africans don’t just publicize it.
      My aunt(dad’s sister) is an example. Her husband left her with five children. She took care of all of them by herself. She sold foods, clothes, beauty products and owned a hair salon. At some point, she went into fixing cars, and houses. She hired workers. She did it all.
      She came to the U.S had to start all over again from CNA to nurse practitioner while raising three young children. I tell you it wasn’t easy. She was able to finally file for the other two few years ago. She did this without a man. On top of it, this woman is always cooking, and she doesn’t joke with her parties.

    • Funmi

      February 13, 2017 at 5:03 pm

      Eru kan lo n muni bu igba eru…….we should all be mindful of what we are doing to help ourselves and the society.

  2. Le coco

    February 11, 2017 at 8:50 pm

    this i sabsolutely accurate… i find it worrisome when ppl assume that most Nigerian women are jobless or just housewives… it is very disrespectful to be honest. just because someone doesnt do what “white collar” or office work, doesnt make them jobless

    most of the people we see in the markets, are femaleit has been that way since time immemorial. Those women are making big money.. a lot of them are the breadwinners of their homes.. yet people still look down on them.. it is a shame…

  3. madman

    February 11, 2017 at 9:30 pm

    Did BBC look at their books to verify their financial information ? ?????

    • Nakoms

      February 11, 2017 at 10:37 pm

      My broda, you will be amazed how much some of these businesses rake in on a daily. Don’t be fooled by their nondescript facades!

  4. nigerian banks!

    February 11, 2017 at 9:32 pm

    4giv me 4 digressing! But what’s up wit bank these days. They want ppl to use ATMs, yet they have refused to make d atm service efficient. alot of times these machines are not functional. Either its network issue or there’s no cash. Leaving ppl stranded.

  5. Nakoms

    February 11, 2017 at 9:45 pm

    No news here!
    I have said it a million times over, nigerian women have been entrepreneural since 1337. They have been financial bulwarks to thier families; recall the other day the story of a copper and her fish selling mom went viral. That story was not exceptional, in fact it is the average nigerian graduates story.
    The thing here is that the BN commenters come from a strain of the populace which is far removed from the real nigerian reality. They live in an echo chamber where thier peculiar social circumstances are blown up to seem as universal realities. In the BN world women don’t work. Thier husbands are wife beaters. Your wedding has to be a fairytale. You travel to the abroad to have your baby. Etc

    • Joke

      February 12, 2017 at 3:44 am

      That’s not true. Bella Naija represents different socio-economic levels. If you read daily, you will see that this is true. Even the weddings, look at Yvonne Jegede’s recent wedding, can you compare it to a big society do? No. Even people commented on that. And instead of criticizing, write and send them an article that represents, the demographic you want. Bella Naija is own home grown institution other African countries are begging to have.

  6. Hmm

    February 12, 2017 at 1:47 am

    Stands to reason. Considering the fact that a good percentage of the men (not all) are HIGHLY irresponsible, of course the women are going to fend for themselves and their children. God knows Nigerian women deserve so much more than the louts they’re been lumped with.

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