Abstract

Ethiopia is the third fastest developing nation in the world. The economy of the country crossed two digits. The Small and Micro Enterprise (SME) sector has the potential to provide a livelihood for a large number of populous in developing countries. The development of small and medium enterprises will contribute to expansion of existing industrial base. The lesson drawn from developed countries like USA, UK, Hong Kong Singapore, and Japan Germany, Korea and so on. Even BRICKS countries has adopted for their sustainability. The development of small and medium scale Enterprises/Industrial sector contributes to the expansion of existing employment, output and export and fostering entrepreneurship, so as to fulfill the socio-economic objectives of the nation for balancing the regional development especially in rural, semi-urban and backward areas. Especially for women

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