In general, women fear debt.
148
In general, women fear debt.
/en/toolkit/understanding-biases-and-stereotypes/40-myths-or-facts/148-in-general-women-fear-debt
Fact
Let’s be honest: who actually likes debt? Women entrepreneurs are no exception. Whenever possible, they will try to avoid loans and prefer to use their own funds as a financing source (this is also the case for men entrepreneurs).3 Moreover, it is not merely because they are anti-debt that women decide not to apply for loans. This may be the case for some women entrepreneurs, but there are multiple reasons why women are reluctant to apply for loans. For example, they might not know where to find financing or they might not need any.4 Check out Tool 4.1 for more information on this topic.
Let’s be honest: who actually likes debt? Women entrepreneurs are no exception. Whenever possible, they will try to avoid loans and prefer to use their own funds as a financing source (this is also the case for men entrepreneurs).3 Moreover, it is not merely because they are anti-debt that women decide not to apply for loans. This may be the case for some women entrepreneurs, but there are multiple reasons why women are reluctant to apply for loans. For example, they might not know where to find financing or they might not need any.4 Check out Tool 4.1 for more information on this topic.
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