Application of Credit Scoring Model for Women Entrepreneurs in Turkey
Zuhal Gizem Gunerler, Suat Teker

Abstract
The place of women in society has changed throughout the process of industrialization eras and they have increasingly contributed to labor market employing their skills and talents, hence, highly improved the standards of their life. However, women entrepreneurs are subject to several social, economic and bureaucratic challenges as they would like to initiate a startup business and afterwards. These challenges vary across sexes and women entrepreneurs have to deal with more challenges than men just because they are women. A number of banks in Turkey provides loans to support women entrepreneurs. However, reaching sufficient amount of capital for woman businesses is still a critical problem because a viable model for evaluating the credit worthiness of woman entrepreneurs is not in use of Turkish banks. This paper suggests a credit scoring model for woman entrepreneurs the banks may use. The empirical findings strongly support that the model successfully scores the credit worthiness of woman entrepreneurs.

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