In my experience with Evol, I was able to see the obstacles our clients had to overcome. Women-owned businesses are often in the service and care sector. It's these women, the ones with smaller businesses, who had to stay home more during the pandemic to take care of their families. As a result, the time they could devote to their businesses was limited. They were operating in sectors that were doubly affected. We also saw a tenfold increase in the impact on the mental health of women entrepreneurs. The number of women who had to stop working and suffered from depression increased.
Certainly, the areas in which these women are pursuing careers were the hardest hit. We also saw it particularly among women entrepreneurs in the Black community.