Entrepreneurship is the backbone of any country in socio-economic growth and is of prime importance for policymakers and scholars. In the informal economic setup, women entrepreneurs are considered an accelerator for economic growth and development. This study focuses on exploring the issues of women entrepreneurs regarding their empowerment and economic independence and their role and inclusion in the mainstream of the national economy. A descriptive research methodology is used in this study in identifying the challenges and obstacles faced by these women socially and demographically to acquire in-depth information. Content analysis and library research techniques are used to analyze the facts regarding the said subject. Secondary data is used in this research by reviewing the relevant literature from authentic sources. The study has also proposed recommendations to address the existing issues of entrepreneurial women, their perceptions, decision-making power, and living conditions along with suggestions for their empowerment and economic development to analyze how women’s entrepreneurship can be taken to the next levels from the initial stages in the developing countries.