By being different, women entrepreneurs create new jobs for themselves and others. They provide society with different solutions to management, organization, and business problems, as well as to the exploitation of women's entrepreneurial opportunities. India has 13.5-17.5 million women-owned enterprises. Women entrepreneurship can potentially transform employment in India. By 2030, India's working-age population is projected to increase by 1 billion, and 54 million fresh workers will be women. To give a major push to these numbers in India, female entrepreneurship should be encouraged and supported. Credit card lending facilities, microfinance, and other lending tools such as paying the rent with a credit card, accepting card payments online, rewards from credit cards, etc. All these should be allotted to women entrepreneurs to create better financial opportunities for women-owned enterprises.
By being different, women entrepreneurs create new jobs for themselves and others. They provide society with different solutions to management, organization, and business problems, as well as to the exploitation of women's entrepreneurial opportunities. India has 13.5-17.5 million women-owned enterprises. Women entrepreneurship can potentially transform employment in India. By 2030, India's working-age population is projected to increase by 1 billion, and 54 million fresh workers will be women. To give a major push to these numbers in India, female entrepreneurship should be encouraged and supported. Credit card lending facilities, microfinance, and other lending tools such as paying the rent with a credit card, accepting card payments online, rewards from credit cards, etc. All these should be allotted to women entrepreneurs to create better financial opportunities for women-owned enterprises.
On the other hand, women entrepreneurs haven't enjoyed much support in starting their ventures. Unfortunately, less attention has been given to women entrepreneurs in emerging economies despite their sustainable contributions to GDP. Due to the complex interaction of socio-cultural factors, religion, and family structures, women face additional barriers to setup a successful business.
BharatNXT supports and encourages women-owned businesses. Credit cards issued here can help one overcome all their barriers. This is a one-stop solution to handle all business payments using your existing credit cards or new ones. This app enables you to pay rent with a credit card, pay salaries via credit card, GST, utilities, or any other expense possible as this also accepts card payments online. Businesses can collaborate to make payments directly into the payee's bank account or UPI ID via credit card and can earn instant cashback on every transaction. The app also accepts card payments online. Download the app now to claim the best rewards credit card in India. Also, paying using a credit card will give you interest-free credit and allow you to enhance your credit limit and also boost your credit score. This also helps one to shift the money from a credit card to a bank By this, you can get the desired cash in hand and make the payments ahead.
BharatNXT provides microfinance schemes that can help to provide for the financial needs of women entrepreneurs, and thereby safeguard their ambitions to commence, manage and scale their own enterprises. The term microfinance includes the concept of micro-loans or loans of a nominal amount, i.e., loans of approximately ₹1-2 lakhs per person. The structuring of microfinance loans and their quick disbursement and repayment timelines have benefitted many budding entrepreneurs from both rural and semi-urban India.
Women entrepreneurs can now revolutionize the way they make their owned enterprises payments with BharatNXT. Download our app today!