This study examined the social capital status of male and female entrepreneurs in Akure metropolis, Ondo State, Nigeria. Social capital has become a pivotal tool for poverty alleviation in Nigeria, which is due to the fact that it is the coming together of people with common interest, values, norms, cultural practices and with a goal to meet certain basic needs, enjoy inherent benefits in participating or joining associations to achieve pre-determined goals and objectives which in turn is expected to improve the living standard of individuals, enterprises, and the economy in general. The study administered structured questionnaire to collect data from the respondents. Multi-stage sampling technique was used in selecting 201 micro scale entrepreneurs from six male and female dominated enterprises (barbing, printing press, mechanics, catering, hairdressing, tailoring) and the data were analysed using descriptive statistics. The result of the descriptive characteristics revealed that respondents were in one association or the other which include: occupational groups (39.22%), cooperative society (28.45%), trader association (13.79%), religious group (6.89%) and family group (7.76%). In the same vein, the social capital profile of both male and female entrepreneurs were, meeting index (100%, 96%), homogeneity index (39.26%, 44.77%), membership index (36.74%, 43.36%), labour index (25.18%, 29.38%) and trust index (24.70%, 24.70%) respectively. The study concluded that entrepreneurs (male and female) in Akure metropolis did not take advantage of their social capital and as such this has placed a bottleneck on their inability to maximize their business performance. The study recommends that entrepreneurs should appreciate gender balance in entrepreneurship, recognise their social capital status, and be actively involved in groups and deploy proper education and enlightenment on their social capital benefits through their various groups.