Women Entrepreneurship Platform (WEP) and TransUnion CIBIL launched the SEHER program
Current Hunt Team
Women Entrepreneurship Platform (WEP) and TransUnion CIBIL have launched the Society for Empowerment of Human Resources (SEHER) programme.
It will empower women entrepreneurs in India with financial literacy content and business skills.
The Women Entrepreneurship Platform’s (WEP) aim is to create an enabling ecosystem for women entrepreneurs in India. It is a public-private partnership platform incubated at Niti Aayog.
SEHER program is part of WEP’s Financing Women Collaborative (FWC), which is a first-of-its-kind initiative aimed at accelerating access to finance for women entrepreneurs.
India has 63 million micro, small, and medium enterprises, of which 20.5% are women-owned.
Rural areas have a slightly higher share of women-owned enterprises (22.24%) compared to urban areas (18.42%).
In the last five years (FY 2019 – FY 2024), TransUnion CIBIL data indicated that demand for business loans by women has grown 3.9X.
TransUnion CIBIL provides solutions that help create economic opportunity, great experiences, and personal empowerment for people in India.
By accelerating women’s entrepreneurship, India could create over 30 million new women-owned enterprises, potentially creating 150 to 170 million more jobs.
