Visa has pledged $1 million to support women-owned businesses in four states of India.
The project, in association with United Way Mumbai, will be implemented in about 170 villages in Uttar Pradesh, Assam, Maharashtra, and Karnataka, for the next three years. The focus is on businesses by women and for women.
The project will focus on reaching out to around 8,500 women and training them, and linking them with financial services according to their enterprises and communities, said the news report.
Sandeep Ghosh, group country manager, India & South Asia, Visa, was quoted by the report as saying, “At Visa, we have strongly advocated and supported the growth of small businesses particularly those focused on women. Our partnership with United Way Mumbai will impart financial and entrepreneurship skills to women from communities that do not enjoy the same access and privileges as many others. As women get empowered, so do the communities they represent. We look forward to this partnership making meaningful contributions to deserving communities in times to come.”
