The main aim of the paper is to explore the female industrialists struggle for personal independence and entrepreneurial success in the aftermath of Peru’s adoption of Neo-liberal policies. The author emphasises the importance of studying the effects of globalisation and Neo-liberal policies on women, as increased trade lead to a closure of many small-scale industries affecting women industrialists more then their male counterparts, due to the patriarchal social structure. As a result, women lost their economic independence as well as their household bargaining power. The author also emphasises the importance of future studies on middle-class industrialist women rather then sole concentration on poverty-ridden female artisans in order to capture the true effects of neo-liberal policies on gender effects in different classes.