The second meeting of the Financing Women Collaborative (FWC), a key initiative of the Women Entrepreneurship Platform (WEP), was held in Mumbai on Friday to deliberate and address issues with relevant stakeholders towards accelerating access to finance for women entrepreneurs.
A recent report has suggested that with a risk portfolio percentage as low as 2.6 per cent, women entrepreneurs performed better than men in terms of repayment.
Women's contributions to the modern workforce have been highlighted by their positive attitude toward work and outstanding business abilities.
In addition to the grants, Instamojo, the digitization partner, is providing the winners with tools and resources to help build their digital presence.
The programme is designed to look at challenges from their lens and aims to materially help them accelerate the growth of their business," said Anne Roy, Senior Advisor, Niti Aayog.
Flexible options are emerging as a boon for women “edu-reneurs” across India, helping them strike the right balance between running independent preschools and their homes along with increased profitability and growth.
Under this partnership, WhatsApp, in collaboration with Niti Aayog, will announce an annual calendar of events aimed at capacity building of the women entrepreneurs and evolve specific programmes aimed at addressing challenges being faced by women entrepreneurs.
Women have been the pillars of their family since time immemorial, shouldering multiple responsibilities and juggling family life along with their careers.
The Statesman speaks to a few women entrepreneurs who shared their journey and the hardships faced by them while setting up their businesses.
The growing consciousness within the start-up community is leading to increased support for female entrepreneurs with unique services and infrastructural aid.
