Suicidal Financial Distress Amongst Women Entrepreneurs

Suicidal Financial Distress Amongst Women Entrepreneurs

Author: Fostina Mani November 3, 2023 Duration: 9:03

Suicidal thoughts amongst women entrepreneurs seem to be on the rise.  In the last couple of months, I have found myself amid conversations with women entrepreneurs who have lost a lot of money and are completely at a loss on what to do.


In my most recent conversation was at a hospital, where one female entrepreneur openly admitted that she was there because she had contemplated suicide a few times.  When asked her why? She simply told me that she owed a lot of money because her business had failed.  It turns out the lady was lending out money to people for a fee. She had investors whom she got money from, then she in turn loaned out the money at an interest.  Without going into much details it turns out that she was conned.  She cannot exactly recall how but before she knew it she had lost all the money investors had given her, now she was having to deal with a lot of threatening calls and harassment from her creditors.


I was intrigued that if the money was not the problem, especially if she was confident that she could pay it all back.  Why kill yourself I asked?  Do you have any children?  She happily said she had children, and they were not small children. My mouth went ahead of me, and I asked her if she realized that most people would probably forget about her within two weeks after her burial.  I asked her, so what would happen to her children? Why would she allow her children to suffer life without a mother?  Especially seeing her husband would probably be showing up at her funeral with his side chick.  I was only guessing the side chick part, however a light bulb lit in her head, and she turned around and asked. 

By the way why am I trying to kill myself? I was like “You tell me?”

#nativesense #agenda2063 #theafricawewant #theafricaiwant #dyi #women #financial #suicide #distress #entrepreneurs #mobileloans #bankrupcy #auction


Hosted by Fostina Mani, African Urban Professionals & Rural Farming-(Agricultural Markets that Favour Africa) explores the complex reality of a growing demographic: Africans who build careers in metropolitan hubs while maintaining deep, active ties to rural farmland. This connection, driven by family duty or a profound belief in the continent's agricultural potential, raises pressing practical questions. Each episode digs into the tangible returns on these investments, not just in financial terms but in social impact and food sovereignty. The conversation consistently ties these personal and business choices to the broader vision of Agenda 2063, "The Africa We Want," examining how modern market structures must evolve to truly serve African producers and economies. In this podcast, you'll hear from urban professionals navigating this dual life, analysts dissecting value chains, and innovators redesigning trade. Fostina champions a necessary revolution in how agricultural markets operate, arguing for systems that prioritize fairness, sustainability, and continental prosperity. The dialogue moves beyond theory, focusing on actionable insights for listeners managing farms remotely, investing in agribusiness, or simply passionate about a future where Africa's agricultural wealth benefits its people first. It’s a crucial look at the intersection of urban finance, rural livelihood, and economic policy.
Author: Language: English Episodes: 20

African Urban Professionals & Rural Farming - (Agricultural Markets that Favour Africa)
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