“LITTLE GIRLS WHO DREAM OF BECOMING WOMEN WITH A VISION”
– Vedika Goel
VISION AND COMMITMENTS BY 2025
WHY WE’RE WORKING ON THESE ISSUES
According to the Women Entrepreneurship Strategy by Canada Economic Development (CED), the main challenges facing women farm owners are:
- Access to financing (lack of savings, inadequate or unsuitable public financing, difficulty securing private financing)
- Availability of land and the value of agricultural assets
- Work/family balance, the dual burden of work/family
Lack of savings poses a problem in itself, but it also reflects the lack of access to financing, as most banking institutions require a certain level of assets as collateral for a loan. For 22.5% of women, financing comes from their families and loved ones, as compared to just 9.9% among men.
Yet according to CED, women business owners feel less capable in negotiations and dedicate less time to business networks, even though women need more support than men in business ownership.
BY THE NUMBERS
Number of farm operators in Quebec