Women entrepreneurs in Nepal have come far but they still have a long way to go. Women entrepreneurs are still waiting for a situation where they will get a chance of working as freely as their male counterparts.
Over the last few weeks, I have met several women entrepreneurs who are doing amazing work in the entrepreneurial world. I listened to women entrepreneurs and got motivated from their amazing journey of struggle.
I was truly inspired by the struggle of the first generation women entrepreneurs in Nepal. I know, women still face problem from their very commencement of enterprise in Nepal. The society still does not believe in their capacity and even their own family does not want to invest their capital in the business run by women due to lack of confidence in the women’s ability to run a venture successfully.
Yet, they are doing very good especially in Small and Micro Enterprises (SMEs) field. Currently, women own about 14,300 small and medium enterprises in Nepal, accounting for 2 percent of GDP (registered formal sector) and employing over 200,000 workers. A study commissioned by International Finance Corporation (IFC), private sector lending arm of the World Bank Group, suggests that meeting their current credit requirements of US$ 106 million can increase their contribution to the economy.
The other day, I spoke with Hajuri Bista, a first generation women entrepreneur in Nepal. Business was men’s domain even few decades ago, she says. You know people used to laugh at women who were in favor of setting up venture, she shares her experience. Entrepreneurship was a male preserve and the idea of women taking up entrepreneurial activities was considered as a distant dream, she adds. Continue reading Women Entrepreneurs in A Country Where Business was Men’s Domain