Based on the general concept of an entrepreneur, women entrepreneurs may be defined as the women or group of women who initiate, organize and operate a business enterprise. Women Entrepreneur refers to business or organization started by a women or group of women. There has been a change in role of women due to growth in education industrialization and awareness of democratic values. In that, so many challenges are faced by the women Entrepreneur are discussed in it. Today’s world is changing at political and economic transformations seem to be ccurring everywhere as countries convert from command to demand economies, dictatorships move toward democracy, and monarchies build new civil institutions. These changes have created economic opportunities for women who want to own and operate businesses. Today, women in advanced market economies own more than 25% of all businesses and women-owned businesses in Africa, Asia, Eastern Europe and Latin America are growing rapidly. This paper focuses on role and hallenges of woman entrepreneur.