Promoting Women's Entrepreneurship in Sri Lanka: Update on the Asian Development Bank’s Small and Medium-Sized Enterprises Line of Credit Project
Initiative, Women Entrepreneurs Finance | September 2019
As Sri Lanka undergoes its transition to upper middle-income status, the country has achieved gender parity in access to education, but women’s economic participation is well below potential. Female participation in the labor force was at 33.6% in 2018, significantly lower than that for men (73%). Women’s ownership of formal small and medium-sized enterprises (SMEs) is low in Sri Lanka, and most women struggle to transition away from informal microscale businesses.1 These gender inequalities represent a missed opportunity to boost growth in the context of a steadily aging population and expected future labor shortage.
CitationInitiative, Women Entrepreneurs Finance. 2019. Promoting Women's Entrepreneurship in Sri Lanka: Update on the Asian Development Bank’s Small and Medium-Sized Enterprises Line of Credit Project. © Asian Development Bank. http://hdl.handle.net/11540/11114. License: CC BY 3.0 IGO.
Small Business Finance
Small to medium sized enterprises
Equal employment opportunity
Fair employment practice
Affirmative action programs
Sex discrimination against women
Equal rights amendment
Emancipation of women
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