Rural Entrepreneurship and Its Financing: A Theoretical Review

Abstract

One of the factors for the development of rural environments is entrepreneurship in the communities. The research identifies the theoretical aspects that are developed around entrepreneurship and entrepreneurs in the rural context, and the importance of financing in rural environments based on the literature review. The study incorporates the descriptive deductive method of documentary type, based on data from articles published in Scopus and WoS, obtaining a total of 25 documents related to entrepreneurship and its financing. The results show that financing is restricted by employing credits oriented to the rural area and mainly if it is a woman, which probably harms rural entrepreneurship so that financial institutions of popular and solidarity economy can become important sources of financing for entrepreneurship in rural environments. In general, financing for rural entrepreneurship is scarce, or they lack mechanisms and channels that allow bringing the entrepreneur closer to sources of financing. Studies have been carried out on rural enterprises and, therefore, a theory is being developed that takes into account the gender approach.

Received: 24 June 2023 / Accepted: 29 July 2023 / Published: 5 September 2023