Biz2Credit strives at empowering female entrepreneurs across the country.
In the last two decades, women-owned businesses have picked up pace in India. The emergence and growth of women-owned businesses have greatly contributed towards the economic development of the country. In India, most of the women-owned businesses are related to service sectors.
Women-owned businesses have not only paved way for economic independence but also, have created endless job opportunities for others. Enterprises and small business development programs have played an important role in the economic development of women in the country. However, it is to be mentioned that women entrepreneurs have to face a lot of struggle when it comes to business funding. A female entrepreneur should have thorough knowledge regarding the funding schemes and their sources while planning to secure a business loan. Finance is the backbone of an enterprise, and lack of adequate financial support makes it invariably impossible for the sustenance of any business.