What is the ray of hope with respect to the women entrepreneurs?
Answers
Answer:
· Helping individual women entrepreneurs The bond, supported by some ten leading wealth managers and corporates, will help rural women in some of India's poorest states to set up or scale-up their own enterprises.
Answer:
A new social impact bond for women, called the women's livelihood bond, launched with support from World Bank and UN Women, is the first-ever impact bond in India that will connect impact investors with women entrepreneurs in rural areas.
Till a few years back Sudha Devi’s family was dependent on her husband’s apprenticeship job at a sweet shop in Patna, Bihar. Starting from small incremental loans ranging from Rs. 2500 to Rs 20,000, Sudha and her husband Sakhinder built up a successful local business. Today, the annual revenue of that business is more than Rs. 40 lakh.
Homemaker from Pardi, Maharashtra, Archana Amardeep Bhoir started her own enterprise in 2017 by taking loan of Rs. 84,000 for vegetable cultivation, cutlery shop and Xerox center.