Development agencies, non-government Organizations (NGOs) and government organizations around the world aim for the betterment of women in all spheres of their life, i.e. family life, social life and so on. Empowerment has been considered the main focal point towards the achievement of the wellbeing of women. Different donor agencies working in Bangladesh and the government of Bangladesh also have given priority to microcredit as a means to reach women through involving them in social and development activities. In Bangladesh, as a developing country, gender discrimination is an obstacle to its development. The neglect of women in Bangladesh has become clearer following the report of the gender gap Index of the World Economic Forum, 2007. Only 55% Women in Bangladesh, according to the report, participate in the workforce compared to men with 88%.