The Entrepreneurial Choice: To invest in your small business or accept a job with a steady wage

The aim of the study is to understand how individuals evaluate the economic risks and non-financial factors associated with wage work versus self-employed. A prospective study design is being implemented where wage employment will be offered to Self Help Group (SHG) members who are in the process of applying for a loan for their business. A comparison will be made between SHG members who decide to keep their business versus those who take-up wage-employment. Both cohorts will be followed for a period of 6 months. Data will be collected in the form of a baseline survey, periodic monthly surveys, and end of study survey by SEFC. As well, relevant information will be collected by partner organization, Hand in Hand, and the participating Companies for the respective cohort.

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