Abstract
This paper aims at understanding about the socio-economic impact of women entrepreneurship in Bangladesh. Though Bangladeshi women are entering into business sector, they continue to remain vulnerable and marginalized. One of the indications of their marginalization is lack of information and statistics about the situation of women entrepreneurs. This study was therefore carried out focusing on socio-economic impact on entrepreneurship over women lives. For this, exploratory and qualitative research approaches were adopted. All female entrepreneurs of handloom industry in Sylhet City Corporation of Bangladesh were considered as population and data were collected from the purposive sampling method from the population using in-depth interview schedule. Results indicate that their values and reputations have gained betterment along with their business. Nonetheless, these women had to face a number of difficulties while trying to set up their work such as finding a place to open a shop in the market. Market authorities do not believe in women's efficiency, so do the banks. It is difficult for the women entrepreneurs to manage loans from the banks. Most of the respondents had said that they do not face any complications performing their roles as spouse, parents, or homemaker while running the business. Most of the time, their husbands, or other family members encourage them to start and continue a business. After starting the business, most women feel that their status has risen not only within the family but also within the society. Now they enjoy freedom and also contribute economically and to family decision making.
Highlights
Bangladesh is a resource limited and overpopulated country where total population was estimated 142319000
This research aims to examine the socio-economic impact of women entrepreneurship in Sylhet City of Bangladesh
Some factors have influenced over the change of different spans of women entrepreneur’s life
Summary
Bangladesh is a resource limited and overpopulated country where total population was estimated 142319000. The total enumerated population comprising of 71255 thousand males and 71064 thousand females which yields a sex ratio of 100.3 indicating equal number of men and women in the country (BBS) [1]. For the prosperity of a country, the human resources have to work together which includes both male and female. Participation of women in the country’s economic affairs remains necessary. Active participation of women can bring mobility in growth and ensure development process. This research aims to examine the socio-economic impact of women entrepreneurship in Sylhet City of Bangladesh. Engaging in entrepreneurship provides women a platform of income generation, to uplift their social status, works against existing gender biasness and contribute for the betterment of the society
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