Social and economic policy
The role of social business in the process of women’s empowerment in Bangladesh on the example of BRAC organization’s activities in Magura district
Women’s empowerment is a process of gradual growth of the spiritual, political, social and economic strength of individuals, communities or entire societies. Strengthening the social position often entails strengthening confidence in one’s own abilities. It is also connected with full participation of women in economic life in all sectors, which is very important in the context of strengthening economies and achieving desirable goals of sustainable development. Social business introduces a completely revolutionary dimension to a free market economy. This does not interfere with the profit-generating mechanism, on the contrary, it promotes investment, management and competitiveness. Satisfaction obtained in achieving specific social goals is the only motive for the investment, and the resulting business is assessed in accordance with this standard. The article presents the process of empowering poor women from the rural district of Magura in Bangladesh, possible to carry out through the activities of the BRAC Bangladesh Rehabilitation Assistance Committee. The work refers to the eff ectiveness of activities in the field of social business, first in the context of changing the awareness of rights and the self-worth of women taking part in such projects, and secondly in the context of improving their socio-economic status and exiting poverty.