From Financial Constraints to Collective Entrepreneurship: How NBCFDC Micro Finance Support Helped Beena and Unarvu SHG Build a Successful Catering Enterprise

India, Aug. 20 -- The Government of India has issued a release:

For women seeking to build sustainable livelihoods through collective entrepreneurship, limited access to capital can pose a major barrier. Timely institutional finance can enable Self Help Groups to establish viable enterprises, generate stable incomes and strengthen the economic well-being of their members and families.

Demonstrating the transformative potential of collective enterprise, Beena, a member of Unarvu Self Help Group (SHG) in Kerala, worked with her fellow members to establish a catering unit with support under the NBCFDC Micro Finance Scheme.

Before receiving assistance, Beena and the members of Unarvu SHG faced significant financial constraints in establishin...