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Monday, September 25, 2023

Women entrepreneurs face problems in obtaining business loans: Study

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NEW DELHI, Sept 16: Majority of the women entrepreneurs face challenges in availing loan services from nationalised banks, according to a study.

The study was conducted by Bharatiya Yuva Shakti Trust (BYST) and saw the participation of 450 women entrepreneurs from three cities — national capital region, Chennai and Pune.

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During the study, it was also found that about 60 per cent of these entrepreneurs faced problems in accessing critical financial services.

“Eighty-five per cent of women entrepreneurs faced challenges in availing loan services from nationalised banks,” the study claimed.

It was conducted during the course of a three-year BYST Women Entrepreneurship Development Programme to set up profitable businesses in Chennai, Pune, and Delhi-NCR.

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The Hills Times
The Hills Timeshttps://thehillstimes.in/
The Hills Times, a largely circulated English daily published from Diphu and printed in Guwahati, having vast readership in hills districts of Assam, and neighbouring Nagaland, Meghalaya, Arunachal Pradesh and Manipur
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