Stewards of transformation

Through its Project DISHA, Humana People to People India is creating an entrepreneurial ecosystem in the districts of Assam by providing intensive training and business development support to women

- ANIL SWARUP

Women's participation in the economy is essential for not only gender equality and sustainable economic development, but also for poverty alleviation. They play a vital role in driving economic growth, fostering innovations and promoting social development. Evidence suggests that businesses with at least one woman founder have more inclusive work culture, employ thrice more women than men and generate 10 per cent more cumulative revenue. Understanding the potential and need of utilising the gender dividend, HPPI has been giving skill and livelihood training to many women entrepreneurs.

Building ecosystem for rural women entrepreneurs Access to finance is a crucial aspect of ecosystem development for women entrepreneurship. Many rural Indian women lack the collateral or financial literacy required to access traditional forms of financing. By offering financial literacy training and facilitating access to government schemes and grants, women entrepreneurs can overcome these barriers and realise their business aspirations. Capacity building and skill development are also vital components of ecosystem development. Many women entrepreneurs in rural India need more skills and knowledge to run a successful business. Training programmes, workshops and mentorship opportunities can empower women to build the confidence and expertise needed to navigate the challenges of entrepreneurship.