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2013-05-20

SIDBI, Govt of Japan launch programmes to promote women entrepreneurship

Small Industries Development Bank of India (SIDBI), with support from the Government of Japan, has launched a series of residential training programmes this week to train officials of Regional Rural Banks (RRBs), Non Banking Financial Companies (NBFCs) an

Small Industries Development Bank of India (SIDBI), with support from the Government of Japan, has launched a series of residential training programmes this week to train officials of Regional Rural Banks (RRBs), Non Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs), apart from its own select officials.

The purpose of the training programmes is to make these officials understand about the enterprise lending to women and also impart them skills in gender sensitization, SIDBI said in a press release. The training would cover 170 officials in four batches from senior, middle and junior level officials. A large number of the officials being trained are themselves women, the release added.

All the programmes are under a project for ‘Supporting Micro Entrepreneurship for Women’s Empowerment’.  The project is financed by Government of Japan under the Japan Fund for Poverty Reduction (JFPR) which is administered by Asian Development Bank (ADB), the release stated.

The project’s aim is to help low income women entrepreneurs in accessing financial resources, services and market opportunities.  A monitoring and evaluation mechanism is planned to assess the results of activities under the project.

SIDBI, from past three months, has also been training poor women in financial literacy and imparting skills to run their micro enterprises. The bank has already supported 40 such trainings in cities of Uttar Pradesh, Maharashtra, Madhya Pradesh, Odisha and Rajasthan. Overall, about 1,200 women have been trained under these programmes.

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