Boosting female entrepreneurship is one of the best ways to reduce poverty, and yet women in developing countries face many challenges to setting up their own business. In some countries societal norms and laws create barriers to women owning property or being allowed to work. Often, however, the main challenges are the same as in the U.S. and any other country where women find it difficult to access the capital they need and the support of professional networks. World Bank Group president Jim Yong Kim shares here some of the strategies that are boosting female participation and increasing women's business profits in the developing world, and how the lessons learned could benefit women in other countries.
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