Report Finds 52% Women Entrepreneurs Still Need Male Relative For Biz Loans

businessworld.in

In a concerning development, more than half of women entrepreneurs across India’s tier 2 and tier 3 towns still require the assistance of male family members to access formal credit, highlighting entrenched structural barriers despite their growing aspirations, according to a report by Tide India. The report revealed that 52 per cent of surveyed women business owners remain dependent on male relatives to secure loans, reflecting a systemic bias embedded in India’s credit ecosystem. The findings expose the invisible gatekeeping that continues to limit the financial autonomy of women entrepreneurs in non-metro areas. Read more