Role of social business in women entrepreneurship development in Bangladesh: perspectives from Nobin Udyokta projects of Grameen Telecom Trust

Abstract

Social business is a growing phenomenon in the emerging economy due to its appeal toward reducing social problems from the society. Women’s, especially rural women’s, economic activities are mainly confined to the household chores because of the existing patriarchal norms of the society. Social businesses, through providing equity funds, are creating opportunities for the women to pursue entrepreneurial career. This study attempted to analyze the role of social business for developing women entrepreneurship. Primary data were collected from 28 women Nobin Udyokta (new entrepreneurs) and four key informant interviews. The study showed that social business fund plays an important role toward women entrepreneurship development through providing financial (social business fund), human (formal or informal training), and social capital (network) to the women entrepreneurs which is necessary for sustainable entrepreneurship development. Therefore, government and non-government organizations as well as private sectors were suggested to come forward to provide more social business funds and build supportive environment for the women entrepreneurs.

Effect of Promotion, Quality of Service, and Trust on Interest in Becoming a Customer

“…Interest can be interpreted as a condition that makes a person or individual experience a tendency or preference for attention or desire (Ferdousi & Mahmud, 2019). Interest in becoming a customer is assumed to be buying interest.…”

Role of microfinance institutions for developing women entrepreneurship – the case study of Kosovo

“…Social capital and networks, the ability to make an effective living, and community development choices are all associated with empowerment (Ferdousi, F., & Mahmud, P., 2019;Krishna, 2003;Grootaert, 2003). Numerous studies have indicated that women are particularly motivated to start their own businesses in hopes of achieving a better balance between work and family (Hughes, 2005;Swapna, K., 2017Quagrainie, F.A., et.…”

Entrepreneurial Success: Key Challenges Faced by Malaysian Women Entrepreneurs in 21st Century

“…In many developing countries, home and family are the first priority of women (Shmiln, 2017). Social-cultural barriers faced by women-entrepreneurs were work-family balance and negative society perceptions in China (Berg & Englund, 2015); gendered-inequality in Bangaldesh (Ferdousi & Mahmud, 2019); patriarchal-society in Pakistan (Gillani, 2004). Family and social support has been identified as significant factor contributing to women-entrepreneurial success (Abbas, Abrar, Saleem, & Iqbal, 2016).…”