3. Statement of Problem
23% of GDP of Nepal Contributed by
Remittances
Migration rate is high (Appx. 1500
youths/day)
Poverty decreased from 42% to 25% from
last 15 year
Entrepreneurial activities are not satisfactory
4. Objective of the Study
Basic objective
– To focuses and investigate the economies of
remittance and its effect in entrepreneurship
Specific objectives
– Investment priorities as the income level of
people is increasing
– Factors affecting entrepreneurship in rural
area
5. Methodology Adopted for Study
Research area is selected as higher
remittance collecting district
VDC randomly selected
77 HHs or 15 % of the household (VDC Total
539 HHs) taken as respondent household
6. Data Collection
Data collected through Questionnaire questionire.pdf
Data collected to get following information
Current investment of
capital
Future investment plan
Business (enterprise setup)
Child education
Purchase of traditional asset
General Expense (Other)
Business (enterprise setup)
Child education
Purchase of traditional asset
General Expense (Other)
7. Result
Descriptive Statistics
No of Respondents (Families) 77
Total Population 465
Total no of Migrants 75
Total Income before Migration $7.070.00
Total income after Remittance $31,265.00
No of enterprises before Migration 20
HHs that started enterprise from Remittance 1
Increase in Enterprises 5%
Increase in Income 342.22%
11. Summary and Conclusion
– There is no strong evidence of increase in enterprise
even after increase in earnings due to remittance
– People are spending their major percentage of the
remittance in general purpose and encouraged to
purchase traditional assets but not attentive in new
start-ups
– People like to live classy life than before
12. Factors affecting
Entrepreneurship
Risk bearing capacity
Education, know-how, accessibility of
facilities and political stability
Social inclination
Motivation
13. Recommendation
Development of productive Co-Operatives
Sell of Diaspora bonds
Education and Motivation to entrants from
government