<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>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.</p>
</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.

Valuing Women Entrepreneurship in the Informal Economy in Bangladesh

Accounting & Finance, Prince Mohammad Bin Fahd University

ECONOMICS

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":"Valuing Women Entrepreneurship in the Informal Economy in Bangladesh"}

The study aims to address issues related to valuing women entrepreneurship in the informal economy in Bangladesh. To achieve the above objective, both...

Valuing Women Entrepreneurship in the Informal Economy in Bangladesh

Published Online: Dec 31, 2020

Page range: 37 - 54

Received: Jul 27, 2020

Accepted: Aug 08, 2020

DOI: https://doi.org/10.2478/eoik-2020-0020

Keywords
collaterals, entrepreneurship, financial inclusion, informal economy, rural

© 2020 Mohammad Mushfiqul Haque Mukit et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Valuing Women Entrepreneurship in the Informal Economy in Bangladesh

Published Online: Dec 31, 2020

Page range: 37 - 54

Received: Jul 27, 2020

Accepted: Aug 08, 2020

DOI: https://doi.org/10.2478/eoik-2020-0020

Keywordscollaterals, entrepreneurship, financial inclusion, informal economy, rural

© 2020 Mohammad Mushfiqul Haque Mukit et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
collaterals, entrepreneurship, financial inclusion, informal economy, rural