In recent years, an increasing number of female entrepreneurs in Bangladesh are opting for an online platform to materialize their business visions. These noteworthy group of young women not only create jobs and opportunities, but they also become a source of inspiration for the following generation of go-getters. The sustainability and livelihood of these businesses, however, heavily depend on the external environment and the business climate in which they work in, a phenomenon which has proven beneficial and lucrative to many in this industry but could also pose severe risks in the face of external shocks. In the wake of Covid-19, small businesses in Bangladesh, with an already narrow set of coping mechanisms and a severely limited insurance or risk management capacity, stand to bear the brunt of the pandemic.
In recent years, an increasing number of female entrepreneurs in Bangladesh are opting for an online platform to materialize their business visions. These noteworthy group of young women not only create jobs and opportunities, but they also become a source of inspiration for the following generation of go-getters. The sustainability and livelihood of these businesses, however, heavily depend on the external environment and the business climate in which they work in, a phenomenon which has proven beneficial and lucrative to many in this industry but could also pose severe risks in the face of external shocks. In the wake of Covid-19, small businesses in Bangladesh, with an already narrow set of coping mechanisms and a severely limited insurance or risk management capacity, stand to bear the brunt of the pandemic.