FINANCIAL INCLUSION FOR WOMEN-OWNED MSMEs

Alternative Perspectives

Financial inclusion key to women entrepreneurs' success

The pandemic has reshaped society and is a rallying call to build a world that is more inclusive, fair and sustainable for all. In this environment, it is important that we continue supporting and enabling women so that they are not left behind. There are studies emerging which suggest that women are being impacted more negatively by the pandemic, given their challenges faced in having to balance family and work priorities.
Read More

Grassroot Initiatives

MSME sector promotes female labor participation and economic growth significantly: Mann Deshi Bank
In developing countries, MSMEs are an integral part of the economy and play a vital role in promoting growth, innovation, and prosperity. In India, there are over 3.01 million businesses owned fully or partially by women (IFC, 2014). Despite the increasing recognition of women entrepreneur’s contribution to economic growth, financing constraints remain a challenge for them. The Mann Deshi Foundation was set up in 1996. Mann Deshi Foundation's objective is to empower rural women entrepreneurs with the knowledge, skills, and access to capital and support to have more control over their personal and professional lives. Read More

Data and Trends

IN THE NEWS

Funding and MSMEs: Can banks & fintech together address the credit gap for small businesses?

Micro, small and medium enterprises (MSMEs) are key contributors to the country's economic activity. Despite their significant role, MSMEs receive a disproportionately small share of credit from the financial system. Non- Banking Financial Company (NBFCs) powered by fintech are paving a hassle-free route to efficient and customized credit products for MSMEs. Read More

Govt announces states' financial inclusion index, easy online MSME loans

In 2018, the government announced three initiatives to take banking to the last mile, including the Financial Inclusion Index, geographic mapping of banking services, and hassle-free online loans for MSMEs valued up to Rs 10 million. Read More

Time for a paradigm shift in execution of financial interventions for MSMEs

MSMEs have been under significant stress due to the business disruption caused by the Covid-19 pandemic. The Government of India has unveiled several schemes for MSMEs as part of the Atmanirbhar Bharat scheme. Read More

Central American Bank for Economic Integration (CABEI) promotes financial inclusion of MSMEs in the region

The Central American Bank for Economic Integration (CABEI) has become a major source of resources for the Micro, Small and Medium Enterprise (MSME) sector with a focus on regional integration and economic and social development. Read More

UPCOMING EVENT

SME Finance Virtual Marketplace - Second Session with Fintechs:
8 July 2021 | 5:30PM - 7:00PM IST

The "SME Finance Virtual Marketplace" is an online match-making platform that promotes partnership and collaboration between members of the SME Finance Forum, especially financial institutions, fintech companies and development finance institutions/ investors. Read More