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Vanquisher
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 PRESENTATION ON

Women
Entrepreneurship
 WOMEN
ADULT FEMALE HUMAN BEINGS
49.556% OF WORLD POPULATION
49.56% OF BANGLADESH’S
POPULATION

*According to World Bank report 2017

 WOMEN
ENTREPRENEURSHIP
Entrepreneurship is the capacity and willingness to
develop, organize and manage a business venture
along with any of its risks in order to make a profit.
The most obvious example of entrepreneurship is the
starting of new businesses.
Women entrepreneurship is the process
where women organize all the factors of production,
undertake risks, and provide employment to others.

The women entrepreneurs of Bangladesh are

progressing going beyond the social and financial
obstacles.
 History
-17th century Dutch colonists operated under Matriarchal society
while coming to New York city
‌-18th century Women used to own shameful businesses.. So society
frowned upon them
‌-18-19th century Women came out of society's oppression and began
to emerge into the public eye.. Such as Rebecca Lukens turned her
family business of iron works into profit generating steel business
-20th Century ‌Women progressed much.
-After 20th century There has been an increase in small and big
ventures by women, including one of their biggest obstacles—
financing.
 CATEGORIES
en entrepreneurship can be broadly categorized into five categ
Affluent entrepreneurs

Pull factors Entrepreneurs

Push factor Entrepreneurs

Rural Entrepreneurs

Self Employed Entrepreneurs

 CHALLENGES FACED BY THE WOMEN
ENTREPRENEURS IN BANGLADESH

Economic : • Access to Finance & Financial Institutions

• Inadequate capital
• Critical loan process

• Permission for start up

Family Related : • Father/husband as guarantor at banks

Other : • Government Taxing Policy

• Lack of Skilled Manpower
• Access to Marketing Facility
• Access to Marketing Information And
Network
• Insufficient Guideline From Govt. &
NGOs
• Lack of knowledge
• Lack of training
 CONTRIBUTION FOR
WOMEN IN BUDGET
•
2019
Government has initiated 5,292 clubs in 489 upazilas of 64 districts for
building awareness and prevention through training against gender-based
violence
• Step taken to provide access to information technology to 10 million rural and
under-privileged women in 490 upazilas of 64 districts
• Revolving credit facilities of tk5000 to Tk15000 per person in 488 upazilas of
64 districts
underway to facilitate self-employment of women
• Several training courses in a number of trades have been provided to women
entrepreneurs through 25 programs financed from the operating budget
• Steps taken to provide income-generating training to 217440 women at grass-
root level
in 8 divisional and 64 district towns, and 426 upazilas
• Reserve quota created by Prime Minister Sheikh Hasina to help increase
number of
women in judiciary , administrative and government jobs , defence and UN
peace
 PROGRESS
Women have achieved good prospects in industry, especially the
small and cottage and micro-home-based ones.
Their present involvement in manufacturing and in the recent
trends of their involvement in construction activities in growing
numbers is likely to continue.
Women have emerged as exporters and their control of export-
oriented industries, are promising areas for enhanced female
participation and employment.
Women’s growing involvement in the construction of civil
works gives evidence to their potential regarding market
growth opportunities and should be encouraged.
Now women have access to market information and display of
products and they can increase their business acumen,
especially with respect to demand for a wide- range of products
they might choose to produce.
 PROGRESS

The number of working women increased to 18.6 million in 2016-17 from 16.2
million in 2010. Bangladesh secured the 47th position among 144 countries in
2017 as per The Global Gender Gap Report, whereas India, Sri Lanka, Nepal,
Bhutan and Pakistan remain at 108, 109, 111, 124 and 143 positions respectively
 PROGRESS

Women’s advancement through access to education, health, labour market,

employment, and social protection have been prioritized, in the FY19 budget
which is around 30% of total budget size.
The government also has allocated Tk100 crore for Women Entrepreneurship
Fund and Tk 25 crore for Women Development Special Fund in FY19
 EXAMPLES OF SUCCESSFUL WOMEN
ENTREPRENEURS
Selima Ahmad is a successful business
women and president & founder of the
Bangladesh Women Chamber of Commerce
and Industry (BWCCI), which represents the
interests and supports the initiatives of women
entrepreneurs.

BiBi Russell is the founder of ‘Bibi

Productions’-a world renowned fashion
house working with crafts people in
Bangladesh.
 EXAMPLES OF SUCCESSFUL WOMEN
ENTREPRENEURS
Tasnia Atique Ahmed is a successful
entrepreneur. She is the founder and owner
of Chillers, one of the favorite food chains
of Dhaka, Bangladesh.

Kylie Cosmetics is an American

cosmetics company founded and owned by
Kylie Jenner. Forbes valued the company
at over $800 million. She is the youngest
millionaire according to Forbes.
 Role of ICT In Women
Information ICT can provide important information to
Provider Entrepreneurship
start and run the businesses for female
entrepreneurs.
Mobile phones, email, internet are the new
ICT Tools
tools that facilitates business operations and
eradicate poverty.
ICT can directly empower women by
ICT Services
providing services that were historically
Buying/Renti unavailable because of high cost
ng ICT Now buying and renting ICT equipment is a
equipment as source of income itself.
business
ICT Training Women with proper training can set up a
Institution cyber café or computer training institution
with easy term bank loans.
RECOMMENDATIONS FOR
ICT
Implement education program in software engineering,
communication and multimedia with the latest technology.
computer

Introduce ‘basic computer skills’ as a compulsory subject for all students at

Intermediate and Graduate level.

Polytechnics and other training institutes should offer diploma in ICT.

Diploma and trade courses should be introduced in distance education

system through ICT network under Open University.

After completion of training, bank loan may be offered to them on easy

terms.

JAWS’ talking software can be given free of cost from the educational
institutes or Govt. offices to the visually impaired female and male students
as well as the normal software to the disabled.

Govt. of Bangladesh, BTTB as well as the mobile phone companies in our

country should encourage more unemployed women to run business of
phone, FAX, computer compose, cyber café etc.
 IMPACT IN NATIONAL
ECONOMY
Women in Bangladesh have expanded their roles in multiple
sectors over time, and they have achieved recognitions above
Involvement in
expectations. Banking, sports, textile, manufacturing, media,
various sectors journalism, teaching, architecture and design, and other sectors
are led by the women of the country.
Micro Finance
Women of our society , mostly in the rural areas have proven their
and small
skills in building the framework of Bangladesh economy based on
business in Rural micro-finance and small businesses.
Areas

Disciplined Women have proved to be disciplined borrowers, disciplined risk-

borrowers takers, and finally timely payers of loans.
 Why does a women want to be an entrepreneur?

To be self dependant, earn profit and add financial support to their

families
To be a successful entrepreneur women need

“SUPPORT”
 Mental support
FAMILY Financial support
Operational support
Emotional support
Adviser
Employee
 SUPPORT
Providing loan
GOVERNME Providing training
NT Providing space

Gender discrimination
SOCIETY Favorable working
condition
Social norms and
attitude
 SUPPORT
Step taken by Bangladesh Bank for SME
development:
• For the first time SME loan disbursement has been set
for 2010 by the BD bank
• SME business credit limit range from 50 thousand to
50 lac
• Each bank should provide separate “Women
Entrepreneur “ development desk
• Each bank and financial institution will fix a interest rate
for loan
• Banks and financial institutions may sanction up to 25
lac to women entrepreneur against personal guarantee
• Training program arranged entrepreneurs
 RECOMENDATION
 Government should come forward at first followed by NGOs; SMEF to meet
financing need of women entrepreneurship since financing is their major problem.
The government should take steps to provide more financing to them through
different state owned banks at a lower interest rate. Special packages may be
introduced for women entrepreneurs both in urban and rural areas. NGOs,
MIDAS, SMEF should also strengthen their existing activities in solving the
financing needs of women entrepreneurs. They should take more effective steps in
disbursing loans and advances to them at a lower rate and flexible terms. Private
commercial banks may also come forward to meet the financing needs of women
entrepreneurs. They also can provide special packages at lower interest rate only
for them. If this can be ensured the financing problem may be solved.
 Lengthy formalities in securing loans should be reduced and simplified because
it sometimes it discourages women entrepreneurs especially new ones. So,
financial institutions both under government and private sector, micro-credit,
MIDAS, SMEF should make loan disbursement procedure flexible.
 Most of the women entrepreneurship is in SME sector (Chowdhury, 2007,
p.241) recommends that since development is a persuasive tool for stimulating the
economic growth of a nation, many developed and developing countries are taking
some initiatives to encourage the development of potential for susceptible women
 CONCLUTION
Women entrepreneurship is not only a way of attaining economic freedom but also
a source of generating income and employment. Their contribution in the
economy is also significant. Despite these they are faced with various barriers in
operating their business .Women who are engaged in enterprise are better off
compared to those that are not. Bangladesh government recognizing the
importance of women entrepreneurship has taken several initiatives to encourage
women getting involved in diverse micro, small and medium enterprises
(MSMEs). These measures will not only contribute to national economy
considerably but will also contribute socio-culturally and economically in
development and growth of women entrepreneurs significantly.
 THANK YOU
FOR YOUR PATIENCE