What is it about?

The study finds the problems of weavers in gaining funds from formal or informal sources to start a business of traditional handloom products. It also explains different barriers in getting bank loans to flourish this business. These problems include insufficient amount of loan sanction, excessive documentation, requirement of references, inability to provide collateral, unfavorable loan policy and so on.

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Why is it important?

Back-strap handloom is one of the richest attributes of Bangladeshi culture and heritage. This research shows the financial problems of business-owners of this sector. The findings are important to consider by the policy makers to support this glorious sector.

Perspectives

This research brings to light the problems of the business of indigenous people of Bangladesh. While research are mostly focused on dominant group, I consider that this paper aids understanding of less known people and their products.

Jasmine Jaim
Jahangirnagar University

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This page is a summary of: Financing Small Business-Owners in Back-Strap Handloom Sector: A Study on Rangamati District of Bangladesh, Journal of Entrepreneurship & Management, January 2015, Publishing India Group,
DOI: 10.21863/jem/2015.4.1.004.
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