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Meet Ann : A Leader in Female Entrepreneurship

5/13/2021

1 Comment

 
female leader standing in suit
After obtaining her degree in journalism, Ann pursued a career in marketing. But in 2014, she decided to quit her 9 to 5 job to kickstart her own business. With only a laptop in hand, she launched The Writing Agency, a content creation company.
Today, The Writing Agency helps small businesses across Kenya create content for marketing purposes. Website descriptions, newsletters, business cards- multiple services are offered with the goal of helping small and medium enterprises better engage with their customers.
​
While Ann has now become a successful business owner, even serving as a mentor to starting entrepreneurs, she encountered several hurdles in the beginning. As she moved away from formal employment, her most important challenge was learning how to become a business owner.

"The lack of information around having a business was an issue for me. Setting up a business model, dealing with taxations, registering a business...I had to learn all of that."
conference incubator presentation
Photo by Leon on Unsplash
Eventually, Ann was able to attend various business training programs offered by incubators and accelerators around the country which allowed her to gain the necessary skills and knowledge to grow her business. But as she highlights, they were not the most affordable.

​"$500 can be quite expensive for small business owners."
This type of problem is not uncommon in Kenya where there is a lack of support for female entrepreneurs. Whether it be the collateral-based system for loans or the expectation that women should be the primary caregivers, female entrepreneurs encounter unique challenges that can limit the growth of their business.

For Ann, remaining a small business is important since it allows her to maximize her impact within her community. However, she recognizes the difficulties other women entrepreneurs face when looking to scale up.
​
"There is a preference for tech startups when it comes to getting financial support from venture capitalists, and these are usually founded by men. Women are more involved in social impact businesses which do not attract as much funding."
Wallet brown
Photo by Stephen Phillips - Hostreviews.co.uk on Unsplash
Ann recognizes the unfairness of the system and advocates for change, encouraging banks and institutions to actively engage with women, to understand the disadvantages they face due to the systematic gender inequalities, and to recognize the need for policies to mitigate these issues.

"There is a lack of empathy. We need to understand the African woman and the challenges that are unique to her. There has to be a more holistic approach. We need to ask ourselves: "Who are these women? How are they living?" We need a more human-centered approach.”

Picture
Photo by Vonecia Carswell on Unsplash
Having been in the industry for almost 7 years now, she also has some advice to other female entrepreneurs :
​

"(1) Gain knowledge; take a course, some of them are free.
(2) Stay in a community of business owners who can support you. Learn from them.
(3) Seek out mentors and skilled workers to keep you motivated.
​(4) Seek out smaller funding opportunities that are not too strict and do not require a significant form of collateral."

But her most important advice is to not undermine your business. "Even if it's small, it's still helping somebody. If you're solving a problem, you're having a significant impact."
​


​Mkono strives to empower entrepreneurs like Ann, a leader within her community and a mentor to other entrepreneurs
. With plans to further develop The Writing Agency, and empowering small businesses at the same time, Ann represents a success story for female entrepreneurship. So if you’re looking to venture in business and you need somebody dedicated to support you, make sure to check out The Writing Agency!​
​

​“I learned about Mkono late in 2020, at a time when the pandemic had really slowed down business. Our revenues dropped by up to 70% compared to the previous year. I had plans to pivot to a new niche and product line but didn't have the capital to do so. Mkono offered two important things (1) an interest-free loan with flexible payment terms and (2) free business advice and mentorship to help firm up my pivoting concept.


These were two things I really needed at that time and that have helped my business keep going five months later. I'm very grateful to Mkono for their support.”

  • To help us continue supporting entrepreneurs like Ann, consider donating today.
  • Explore our “Meet…” series and learn more about entrepreneurs like Nixon, Justine and Caroline.
  • Take a look at our impact so far! (+ a sneak peak at what the entrepreneurs are saying about us)
1 Comment
MckimmeCue link
4/18/2022 07:06:28 am

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