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Perception of women entrepreneurs to accessing bank credit

Author

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  • Touheda Yasmin Chowdhury

    (Sylhet International University)

  • Aysa Yeasmin

    (Sylhet International University)

  • Zobayer Ahmed

    (International Islamic University Chittagong)

Abstract

Women entrepreneurs play a substantial role in the sustainable economic development of various developed as well as developing countries in the world. In Bangladesh, the contribution of women entrepreneurs is still insignificant compared to other entrepreneurship due to a number of barriers to their financial inclusion. The current study tried to find out the problems faced with and the opinion of women entrepreneurs regarding the finance from commercial banks. The study used primary data from a sample survey, Key Informant Interview (KII) and in-depth interviews with the selected women entrepreneurs from Sylhet city of Bangladesh to meet the research objectives. Using Exploratory Factor Analysis (EFA), the study brings to life the fact that women entrepreneurs are reluctant to take the loan from banks because they have to face a number of problems there. Some of the major problems they faced are- collateral requirements, terms and conditions of bank loan, business characteristics and some other institution-specific problems to get access to bank finance. The findings of the study can aid the commercial banks in formulating their strategic decision about financing women entrepreneurs. In addition, this study indicates the way forward for the authoritative and supporting organizations of women entrepreneurs to formulate their action plans for the development of women entrepreneurship.

Suggested Citation

  • Touheda Yasmin Chowdhury & Aysa Yeasmin & Zobayer Ahmed, 2018. "Perception of women entrepreneurs to accessing bank credit," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 8(1), pages 1-16, December.
    • Handle: RePEc:spr:jglont:v:8:y:2018:i:1:d:10.1186_s40497-018-0119-1
    DOI: 10.1186/s40497-018-0119-1
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    Cited by:

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    3. Ninik Sri Rahayu & Masduki & E. R. Nur Ellyanawati, 2023. "Women entrepreneurs’ struggles during the COVID-19 pandemic and their use of social media," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-17, December.
    4. Lavlu Mozumdar & Geoffrey Hagelaar & Valentina C. Materia & S. W. F. Omta & Gerben Velde & Mohammad Amirul Islam, 2023. "Fuelling Entrepreneurial Orientation in Enhancing Business Performance: Women Entrepreneurs’ Contribution to Family Livelihood in a Constrained Context, Bangladesh," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 35(3), pages 623-655, June.
    5. François Fall & Thanh Tam Nguyen-Huu, 2022. "Strategic Behavior between a Bank and A Microfinance Institution: The Role of Psychological Distance and Education Level," Post-Print hal-04248194, HAL.
    6. Kara, Alper & Zhou, Haoyong & Zhou, Yifan, 2021. "Achieving the United Nations' sustainable development goals through financial inclusion: A systematic literature review of access to finance across the globe," International Review of Financial Analysis, Elsevier, vol. 77(C).
    7. Ibrahim Niankara, 2022. "Government and private sectors' electronic transfer practices and financial inclusion in the economic community of the West African States," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(4), pages 4018-4047, October.
    8. ZAHARIA Rodica Milena & HASSAN Hend, 2021. "Women Entrepreneurship in Egypt: Is It Just as Challenging for All Women?," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 01, March.
    9. Rozina Akther, 2022. "Factors associated with small and medium enterprise financing: a study from Bangladesh," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 265-277, December.
    10. Uma Shankar Yadav & Ravindra Tripathi & Mano Ashish Tripathi & Ashish Kumar & Mitu Mandal, 2023. "Evaluation of factors affecting entrepreneurship: a case of Indian women in the handicraft industry," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-17, December.

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