Financial Assistance to Women Entrepreneurs from Banks In India

Abstract

As per data in 2017, only 2% of the total startup funding went to women founders. If we look at the top 10 fund raises of 2017, the overall value is $8.5 Billion while for womenled enterprise it is $136 million. Funding is one of the key forces to create enterprise or to grow the existing enterprise. For women entrepreneur, it’s a huge task to get loans from banks operating in India. The present paper endeavours to study the various loan scheme criteria’s and features offered by Banks in India to Women Entrepreneurs. Also presenting an analysis of the loan amount granted and number of loan accounts of Women Entrepreneurs for business purposes in Gujarat. By studying different loans schemes offered by different banks, we concluded that it is easy to avail loans under these schemes for new women entrepreneurs or for grow up existing business. Analysing the data of banks of last three years shows that there is higher growth in the amount of loans granted to women compared to the overall advances given by banks operating in Gujarat.