More women entrepreneurs borrowing from financial institutions due to pandemic

The webinar titled ‘Towards recovery: Women entrepreneurs coping with the pandemic’ was organized to disseminate the findings of a small-scale survey of women entrepreneurs engaged in the manufacturing sector conducted by SAWTEE to examine the impact of the pandemic on their ability to do business. The survey found that 61 percent of the women-owned businesses reported having been affected severely by the pandemic and the lockdown measures; 57 percent of the respondent sought loans to cope with the pandemic; 56 percent of the respondents used e-commerce platforms for sales or promotion during the period. Further, 92 percent of the respondents were not aware of any support facilities offered by the government, revealed Ms. Dikshya Singh, Senior Research Officer, SAWTEE.