SEHER Program | 10 Jul 2024

Source: PIB

Recently, the Women Entrepreneurship Platform (WEP) and TransUnion CIBIL launched the SEHER program to empower women entrepreneurs in India.

It aims to increase awareness among women entrepreneurs about finances, accessing and managing credit by providing personalised resources and tools.
India has the potential to create more than 30 million new women-owned enterprises and 150-170 million more jobs by accelerating women's entrepreneurship.
Women in Business in India:
- India has 63 million Micro, Small, and Medium Enterprises (MSMEs), with around 20% owned by women, employing 27 million people.
- The demand for business loans by women has grown 3.9 times in the last 5 years (FY 2019 - FY 2024).
- The share of women borrowers holding a business loan increased by 10% between FY 2019 and FY 2024.
- Rural areas have a slightly higher share of women-owned enterprises (22.24%) compared to urban areas (18.42%).
WEP was launched in 2018 by NITI Aayog and transitioned into a Public-Private Partnership (PPP) in 2022 with the goal of supporting women entrepreneurs in India.
TransUnion CIBIL is India's leading credit information company with one of the largest collections of consumer information.