Implications of Microcredit and Social Business: The Scenario of Empowering Women in Rural Bangladesh

Abstract

Social Business (SB) which has brought a new avenue in the modern capitalism becomes a buzzword in the process of globalization. The study is an attempt to understand how social business and microcredit play potential role to empower marginalized people particularly rural women in Bangladesh. Methods of research are mainly based on primary survey thus; it is included field observations, documentary analysis, focus group discussions and semi-structured interviews. The study also extensively tried to make a comparative picture regarding different dimensions of women empowerment involving in microcredit and social business and its aftermath. Hatbati and Hatalbunia villages of Batiaghata Upazila under Khulna District were selected for this endeavor. Hence, the study explores the influencing factors which are responsible for engaging women to Grameenn credit and social business. Through the social business and the way of getting capital and investment are they becoming benefited or not? The endeavor also seeks the answers about the potentiality and tangibility of social business and credit programs how far will continue as an effective instrument for the empowerment of destitute rural women.