Small business owners, especially women entrepreneurs, are important to both their immediate communities and the local economy. Research shows that there are around 28,000 Women’s SMEs (WSMEs) in the country or around one in four of all SMEs in the Philippines.
Entrepreneurs who are also mothers at home—the so-called mompreneurs—founded their businesses with the goal of improving their family’s lives. These businesses encourage creativity and empower women to be financially independent.
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