Evaluate the importance of access to funding fo... - JSS3 Civic education National Economic Life – Self Employment I Question

Access to funding is essential for the success of self-employment ventures, as it enables entrepreneurs to cover startup costs, expand operations, and weather financial challenges. However, securing funding can be a significant hurdle for many aspiring entrepreneurs, particularly those from marginalized or underserved communities who may face barriers such as lack of collateral, credit history, or access to traditional banking services. Therefore, promoting diverse sources of funding and implementing supportive policies and programs are critical for fostering entrepreneurial success and economic empowerment.