women entrepreneurs in Sri Lanka..... - !

women entrepreneurs in Sri Lanka..... - !

women entrepreneurs in Sri Lanka..... - !

women entrepreneurs in Sri Lanka..... - !

women entrepreneurs in Sri Lanka

 

There are several schemes for women entrepreneurs in Sri Lanka. Some of them are loan schemes, training schemes, marketing support and entrepreneurship development organisations.

Women Entrepreneurship Loan

Some banks provide loans ranging from Rs. 50,000 to Rs. 10,00,000 to educated unemployed women to start small businesses and service centres. The interest rate is 11.50% and the loan tenure is 60 months. EDCC Bank

Dena Shakti Scheme:

Women entrepreneurs who own more than 50% of the business are provided with loans at a concessional interest rate of 0.25%.

Training schemes:

There are schemes to provide training and mentoring to small and medium-sized entrepreneurs (MSMEs).

Income-generating training schemes are also implemented.

Marketing support:

Marketing support is provided to women entrepreneurs through market promotion and trade fairs.

 Organizations such as the Women's Chamber of Commerce and Industry of Sri Lanka (WCIC) provide opportunities for business and career advancement.

Organizations for Entrepreneurship Development:

Organizations such as the Confederation of Women Entrepreneurs (COWE) work to promote entrepreneurial spirit.

In Sri Lanka, several NGOs also promote women entrepreneurship.

Additional Information:

The government provides facilities and services for the development of small and medium enterprises (MSMEs).

There are also programs to support women to start new business ventures.

Training modules for entrepreneurship and business development are also being developed.

A database of rural women affected by microfinance loan schemes is being identified and assistance is being provided to them.

[8:02 PM, 7/11/2025] Tharshika: Women Entrepreneurs in Sri Lanka

 

Topics to Consider:

 

1. Reasons for Women Entrepreneurs

- Independence in Self-Employment

- Family Benefit

- Social Change

 

2. Challenges:

- Lack of Investment

- Social Resistance

- Lack of Technical Knowledge

- Difficulty in Market Access

 

3. Examples of Successful Women:

- Smallholder Farming

- Handlooms, Handicrafts

- Food Processing Industries

- Online Sales

 

4. Government and Private Support:

- Women's Bureau of Sri Lanka

- National Development Banks

- Training Provided by Charitable Organizations

 

5. Benefits and Impact:

- Economic Development of the Family

- Upliftment of the Status of Women in Society

- Employment Opportunities  Creation

 

Resolution:

The role of women entrepreneurs in Sri Lanka is improving day by day. With …

[8:12 PM, 7/11/2025] Tharshika: [7/6, 8:09 AM] ChatGPT: Women Entrepreneurs in Sri Lanka are playing a key role in social change and economic development. They are advancing in various fields, not only supporting their families but also the development of the country.

 

 

🔹 Status of Women Entrepreneurs in Sri Lanka

 

Women entrepreneurs in Sri Lanka are mostly involved in small and medium enterprises (SMEs). They operate in sectors such as handicrafts, food processing, agriculture, and online commerce. Their contribution plays a significant role in the country's GDP.

 

🔹 Challenges faced

 

1. Social traditions and perceptions

Traditions and expectations prevailing in Sri Lankan society towards women are a barrier to their development as entrepreneurs. Family responsibilities and soci…

Women's Contributions in Online Business

In today's digital age, Online Business is a rapidly growing sector. In this, Women's contribution is increasing day by day, especially in the cities and even in the rural areas of Sri Lanka.

 

🔹 Important online businesses for women:

 

1. Selling of sewing and handicrafts

2. Food preparation and home catering services

3. Small scale manufacturing (Colombo, Jaffna, Batticaloa areas)

4. Selling of cosmetics/sewing equipment/collections

5. Advertising and selling via YouTube/Instagram/WhatsApp

 

🔹 Contribution benefits:

 

- Earn income from home

- No shop, low cost

- Easily reach a wide range of customers

- Self-employment development opportunity

- Opportunity to learn new technologies

 

How to address women’s investment deficit?

 

Many women in Sri Lanka and around the world face the challenge of lack of capital/funding. However, they use various methods to overcome those difficulties:

 

🔹 1. Microfinance institutions

- Grameen Bank, SANASA, LOLC etc. provide small loans.

- Loan facility at low interest rates and without the need for collateral.

 

🔹 2. Women’s Bureau / Samurdhi Loan Schemes

- Interest-free or low-interest loans to women entrepreneurs under the government.

🔹 3. Through relatives/progress groups

- Women form alliances and invest in groups to obtain loans.

 

🔹 4. Global and local funding

- Funding from international and local organizations

- UNDP, USAID, World Bank, etc.

 

 

🔹 5. Crowdfunding / Digital Platforms

- Social media, GoFundMe, Kickstarter, etc.

 

🔹 6. Self-saving and investing

- Creating initial capital through home production or small business.

 

🔹 Conclusion:

Despite the investment difficulties, women are overcoming them effectively through smart planning, government/private support, group efforts and digital facilities.

 How do women deal with technological literacy?

 

In today's technologically-driven world, some women, especially in rural areas, are making many efforts to overcome their digital and technological literacy.

 

🔹 1. Through government and private training

- Institutions like Women’s Bureau, Vocational Training Authority (VTA), ICTA provide free/low-cost technical training.

- Training on computers, mobile apps, e-commerce, account management etc.

 

🔹 2. Peer Learning

- Women share what they have learned with others in groups.

- This reduces fear and increases confidence.

 

🔹 3. Through online videos

- They watch excellent guide videos on YouTube, WhatsApp etc.

- Explanations in their mother tongue make it easier for them.

 

🔹 4.  Through school, women's associations

- Monthly trainings, workshops through women's associations, small groups

 

🔹 5. Youth and family support

- Help from the younger generation – learning to use digital tools through daughters, sons, relatives.

 

 

🔹 Conclusion:

Despite having limited technical knowledge, women overcome this disadvantage through training, internet, group effort, and family support. With genuine interest and consistent effort, they become skilled in technology and progress.

How do women face market competition?

 

Women are currently facing market competition effectively in many sectors such as small businesses, industries, and online sales.

 

🔹 1. Unique product

- They make a difference through unique design, unique beauty, natural ingredients, etc.

 

🔹 2. Quality product

- They attract customers with high quality, beautiful packaging, reliable service

 

🔹 3. Use of social media

- They advertise through Facebook, Instagram, TikTok, WhatsApp and reach more people

🔹 4. Build customer trust

- They build customer relationships through honest business, personal service, and elegant responses.

 

 

 

🔹 5. Affordable sales

- Some women attract customers by setting competitive prices and even making a small profit.

 

🔹 6. New Trainings and Updates

- They keep themselves updated on market conditions, new trends, digital marketing, etc.

 

🔹 Conclusion:

Women successfully face market competition through skill, hard work, uniqueness and self-confidence. They progress not only in business but also in trustworthiness.

 

Contributions of Women Entrepreneurs

 

Women entrepreneurs are women who start and run businesses on their own initiative. They play an important role in society, the family, and the economy of the country.

 

🔹 1. Economic Contribution

- Increases family income

- Contributes to the country's GDP growth

- Creates employment opportunities

 

🔹 2. Social Change

- Increases women's independence and self-confidence

- Stands as a role model for other women

- Provides a livelihood to neglected women

 

🔹 3. Innovation and Skill Development

- Women gain a unique place in the market through new products, services

- Advances in sectors like handicrafts, food products, tailoring, beauty treatments

 

🔹 4. Development of the country

- Industrial development not only in cities but also in rural areas

- Women also enter new sectors like technology, e-commerce

- Government's Small Business Fund  Business expansion through assistance, training

 

Women entrepreneurs have the power to transform society and the economy. If they are given the necessary support, training, and funding, they will be a strong pillar for the development of the country.

women entrepreneurs in Sri Lanka..... - !