1. bookVolume 8 (2020): Issue 2 (December 2020)
Journal Details
License
Format
Journal
First Published
08 Sep 2015
Publication timeframe
2 times per year
Languages
English
access type Open Access

Valuing Women Entrepreneurship in the Informal Economy in Bangladesh

Published Online: 31 Dec 2020
Page range: 37 - 54
Received: 27 Jul 2020
Accepted: 08 Aug 2020
Journal Details
License
Format
Journal
First Published
08 Sep 2015
Publication timeframe
2 times per year
Languages
English
Abstract

The study aims to address issues related to valuing women entrepreneurship in the informal economy in Bangladesh. To achieve the above objective, both qualitative and quantitative methods have been used. The author reviewed several articles, research reports, and included face to face in-depth interviews of fifteen entrepreneurs. Moreover, the applied five-point Likert scale questionnaire responded 100 random entrepreneurs from the rural areas of Bangladesh to recognize the barriers in accessing financial institutions and figure out how financial inclusions can contribute more in the informal economy. The results of this study suggest that complicated loans process, high-interest rates, absence of a life skills program, lack of financial freedom for women and property rights, entrepreneurial paradox, absence of collaterals, financial institutions negligence, mismanagement of loans, lack of interactions with local successful entrepreneur and imbalance of family and professional promise are the major barriers in accessing financial institutions in Bangladesh. In addition, financial inclusions are required to bring about changes in their lives. The results of the study will help Bangladesh and other developing countries break down the barriers for women entrepreneurs and develop the business opportunities created by women. In this regard, future research will anticipate both urban and rural areas, with a larger sample and quantitative studies will be conducted.

Keywords

JEL Classification

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