June 25, 2018
One of the important issues that we are fighting throughout generations is the gender disparity. Women empowerment remains the epicenter of this issue.
So far women have faced many hurdles in this entrepreneurship journey
Male Dominated Society
This is one of the factors that is rooted in the society and affects many women. Because of this reason many women hesitate to step forward and start something of their own to attain that financial independence. More than business planning, consent, and approval from the male counterpart gets the priority.
Family Bound
Word ‘Woman’ comes with huge responsibilities associated with family and sense of duty towards fellow family members. It is considered that woman’s prime duty is to look after the family and to work towards well being of the family members.
Financial Dependence
Man being the sole breadwinner of the family, a woman is the one to manage home. She is financially dependent on her Father (Pre-Marriage) and Husband (Post-Marriage). Most of them don’t get any share in property or assets in general.
Inadequate infrastructural facilities, shortage of power, high operational cost, corruption, an orthodox mindset of the society etc. are the additional hurdles that an aspiring Business Women get to face.
Slowly & steadily Women are taking that leap towards financial independence and leadership. Few of them are leaving their secured high-profile jobs, wherein few are stepping out of their homes to join the pool of Entrepreneurship in India. However; the factor that plays an important and pivotal role to jump-start the entrepreneurial journey is Business Capital.
Hence, Government in partnership with Banks and Non-Banking entities are working in a direction to empower women and trying to increase their role in business and financial matters. Different funding schemes and small business loan options are the keys to encourage them to attain their financial goals.
Our Business loan for Women is one such option to bring in that financial independence among women leaders and aspiring business owners. This loan is slightly different from other loans as this is flexible in terms of rules and regulations. This can be offered at a competitive rate of interest as well as availed with minimum documentation. Apply for Business Loan for Women or talk to our executive for further details.