Feasibility of NGO Initiatives in SME, Rural Benefits and Challenges: A Case Study in Cumilla, Bangladesh

Md Hasanur Rahman Md Hasanur Rahman,Shapan Chandra Majumder

doi:10.31580/jei.v7i1.1318

Abstract

The main purpose of this study is to investigate the NGO initiatives to accelerate the SME sectors. The current study also analyze the rural benefits and challenges based on NGO initiatives in SME sectors. This study conducts a questionnaire and interview survey to investigate the current objective. The quantitative study demonstrates that there is a greater chance to expand the SME sector by using the local resources and capital accumulations. Educations, women empowerment, health and sanitation, employment creations and self-employment increase than a previous decade by increasing NGO initiatives in the study area. The contributions of this study spontaneous gets on to the scope and feasibility of NGO’s initiative to develop the SME sector in Bangladesh.

Highlights

This study examine the Feasibility of non-government organizations (NGOs) initiatives in small and medium enterprises (SME), rural benefits and challenges
This study shows a positive or significant relation to NGOs' initiative and grows up of Small and Medium Enterprises (SME) as the motives of rural development
This study shows that most of the respondents argued that they are benefited by taking loans and training from NGOs to expand their business

Summary

Introduction

This study examine the Feasibility of NGO initiatives in small and medium enterprises (SME), rural benefits and challenges. A study conducted in the Cumilla area, Bangladesh. This perusal critically analyzed the socio-economic relationships between NGO initiative and enhancement of small and medium enterprises in the study area. The structural changes of least developed countries (LDCs) have been started by refocusing their concentration on SME sectors. According to the Bangladesh Bureau of Statistics (2019), there are approximately more than 6 million micro, small and medium enterprises (MSMEs) exist in Bangladesh which included enterprises and employing a total 31 million people, equivalent to 40 percent of the total population in the country at the age of 15 years above which determine the economic active population.

Methods

Results

Conclusion