Pertanika J. Soc. Sci. & Hum. 20 (3): 601 - 614 (2012)
ISSN: 0128-7702 © Universiti Putra Malaysia Press
SOCIAL SCIENCES & HUMANITIES
Journal homepage: http://www.pertanika.upm.edu.my/
Article history:
Received: 24 June 2009
Accepted: 4 November 2011
ARTICLE INFO
E-mail address:
Faraha.nawaz@yahoo.com (Faraha Nawaz)
Problems of Woman Entrepreneurship Development in
Bangladesh: A Case Study of RAKUB
Faraha Nawaz
Department of Public Administration, Rajshahi University, Rajshahi, Bangladesh
ABSTRACT
This study is an attempt to analyze the constraints and problems which hinder woman
entrepreneurship development in Bangladesh. The study focused on the entrepreneurs
who are inanced by Rajshahi Krishi Unnayan bank (RAKUB). It is notable that excellent
economic and social changes have occurred in the lives of poor women with the credit
of RAKUB. However, there are still major problems in the overall development of those
female entrepreneurs. The study was based on analyses of both primary and secondary
data. It was found that most of these entrepreneurs are illiterate and have no concept of
the market. Besides, the study also described major problems like complex and critical
problems in taking loans, the lack of knowledge and experience in marketing of products,
poor managerial and technical skills, as well as low amounts of capital, huge interest
burden, and social and cultural obstacles.
Keywords: Entrepreneurs, women entrepreneurship, Rajshahi Krishi Unnayan Bank, development
INTRODUCTION
Bangladesh is a developing country in
South Asia that exists at the bottom of the
development status. Approximately half
of the total population of our country are
women. In fact, all developments cannot
be achieved without women’ participations
in the development sectors of the country
(Sultana, 2006). A country may have
resources but the problem of development
is to put those resources into the process
of production (Hossain & Rahman, 1999).
Despite possessing natural and physical
resources, machinery and capital may go
underutilized or misused if rural human
resources are not properly utilized (Hossain
& Rahman, 1999). Thus, it is apparent
that entrepreneurship development is
a prerequisite of all sorts of a nation’s
development.