5 Problems Faced By Women Entrepreneurs in India - 5 Major Challenges Faced By Women Entrepreneurs in India-getinstartup

Hello to all! We are here with another article and would be coming with more articles daily. So, today’s topic is Women Entrepreneurship. So, here we go. Earlier, men were considered the leading and powerful members of a family. But in today’s time, both men and women are treated equally. Now women can have access to all the opportunities in every field they want to apply in. Irrespective of any sort of discrimination. But working and taking all the responsibilities together, women faced many problems in their lives. Our article is all about the 5 problems faced by women entrepreneurs in India. Read on to find out more about the 5 major challenges faced by women entrepreneurs in India.

What is the meaning of a Women Entrepreneur?

A women entrepreneur means women or a group of women who start, manage, undertake risk and run a small or large business. Do you know who was the first woman entrepreneur of India? Yes, you are absolutely right. Kalpana Saroj is the first woman entrepreneur of India.

Well, now you have an idea or a clear picture in mind on What is Women Entrepreneurship. So, let’s explore the 5 major challenges faced by women entrepreneurs in India.

5 Major Challenges Faced By Women Entrepreneurs in India

1. Problem of Finance

Basically, finance is the money we need to start, run, support, and manage a small or a large business. Many women entrepreneurs failed due to the lack of money. First and foremost, women don’t own any property or land, which they can use to fulfill their financial demands.

Secondly, many banks don’t provide loans as they think women can’t repay the bank loan. The Bank discourages them and considers them less credit-worthy. Thus, women rely only on their own savings to support their business or take loans from their friends and family.

Thus, this becomes very difficult for them to manage and sort the problem of finance.

2. Male Privilege or Dominant Society

The term male privilege or male dominance describes the unequal power between the male and the female section of the society. Nevertheless, India is still considered a male-dominant society, where women are often seen as inferior to men. Being a women entrepreneur, women suffer a lot and are looked upon as weak in all aspects.

5 Problems Faced By Women Entrepreneurs in India - 5 Major Challenges Faced By Women Entrepreneurs in India-1-getinstartup

Male privilege society is one of the major challenges faced by women entrepreneurs in India, and it also serves as a barrier by stopping women from running their businesses.

Thus, the mentality of society needs to be changed. As in today’s era, women are competing with men in all the fields. Running their own business, managing business, and household work alone are the major ones.

3. Problem of Managing Home and Work Life

One of the major problems faced by women entrepreneurs in India is to manage both household work and work-life alone. Especially for married women. As it becomes very difficult for them to care for their children, and old parents, managing the household work and also running their business altogether. This problem can only be resolved by managing their time wisely, and they should stick to their commitments.

4. Lack of Education

Well, It’s true that India is getting a better country day by day in all aspects. But still, most of the people in India are narrow-minded due to their rituals, myths, and lack of awareness among them.

Education is a major concern in India. No doubt India’s overall literacy rate is getting better day by day drastically through various benefits offered by the government. But women’s education is still a major concern in countries like India, where opportunities are more in favor of men than women.

5 Problems Faced By Women Entrepreneurs in India - 5 Major Challenges Faced By Women Entrepreneurs in India-2-getinstartup

Women’s overall literacy rate is around 53.7% which is great, as compared to previous years. But lack of awareness towards education in rural areas, especially for women is still a major problem that holds women down to household chores.

So, this isn’t about entrepreneurship only, but in every field, women suffer mocking from people, get demotivated by their loved ones only, and many more. Lack of education and adequate exposure to the world is a major challenge faced by women entrepreneurs in India. It is one of the major reasons for the 5 problems faced by women entrepreneurs in India.

5. Fear of Failure

Here we are with the last point of our article “5 Problems Faced By Women Entrepreneurs in India – 5 Major Challenges Faced By Women Entrepreneurs in India.”

Failure in any field or in life should be a lesson for everyone to work hard and turn into a success. But, people consider failure as a sign of stopping. Nowadays, the consequences of failures are severe both in men’s and women’s life like depression, demotivation, suicidal mind, etc. But, everyone should understand that this is not the end of the world.

In my opinion, everyone should fail in their life one time to know the value of success and what it feels like to be successful in life. So, fear of failure shouldn’t be a challenge for anyone. Be brave and have the confidence to overcome the fear of failure.

“Many times, The thought of fear itself is greater than what it is we fear“.

Final Words

In today’s time, women can do anything that a man can do. We must stop underestimating them. Women should be given the same respect, which we give to men. There are not only 5 problems faced by women entrepreneurs in India but numerous problems women faced daily in their life. So, Respect her sacrifices made, in order to make you happy.

I hope this article “5 Problems Faced By Women Entrepreneurs in India – 5 Major Challenges Faced By Women Entrepreneurs in India” inspired you a lot, and if you find our article really informative. Then do offer us your valuable feedback.

For more articles, Do refer to the links given below.

  1. Sean Parker Net Worth – Story of Sean Parker (The Co-Founder of Napster and First President of Facebook)
  2. Top MNC Companies in India-Multinational Companies in India
  3. The Success Story of Rakesh Jhunjhunwala – Story of Warren Buffett Of India

2 Thoughts to “5 Problems Faced By Women Entrepreneurs in India – 5 Major Challenges Faced By Women Entrepreneurs in India”

  1. Rownak Bansal

    Nice 👍🏻

Leave a Comment