While there may not be many women occupying the executive offices of India, the country is home to literally millions of female entrepreneurs, in charge of their own tiny businesses, according to estimates by the International Finance Corp.
The number of women running their own businesses in India is expanding and banks need to find more ways to serve them, said a report this week from the IFC, which is the private-sector arm of the World Bank.
Women in India fully or partially own around three million small enterprises across the country. Their businesses include everything from tea stalls and vegetable stands to laundries and cellphone shops. The women-backed businesses employ over eight million people in India, according to the IFC report.
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Source: WSJ Blogs
The number of women running their own businesses in India is expanding and banks need to find more ways to serve them, said a report this week from the IFC, which is the private-sector arm of the World Bank.
Women in India fully or partially own around three million small enterprises across the country. Their businesses include everything from tea stalls and vegetable stands to laundries and cellphone shops. The women-backed businesses employ over eight million people in India, according to the IFC report.
Read More...
Source: WSJ Blogs