FT.com: Women still get a raw deal in business and finance.
“Male entrepreneurs in Europe are 5 per cent more likely to successfully get a loan for their business from banks than women. A 2009 study of 14,108 firms across 34 countries, showed that those women that do gain access to loans are often subjected to higher interest rates – an average 0.5 per cent more on a business loan than men – or must accept more burdensome guarantees and collateral requirements.” When forces align to hold you back, each one that adds a layer of difficulty seems to have exponential effect on the whole.
As an aside, this is what America doesn’t understand about her own working poor. The restrictions on aid that are put into place to prevent cheating by a small percentage of users, too often serve to hold the balance of users permanently down.
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