14 December 2019

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‘Strides 2011’: Women Entrepreneurship Key to Women Empowerment

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Narendra Singh, Executive Director of Corporation Bank seen lighting the lamp. On his right Dr S. Sridharan, Dean: Dayanand Sagar Business Academy, Bangalore. Looking on from left to right is Sadhana Kini, POWER President; Madhura Chatrapati, Trustee Director, ASCENT; B N Bhat, Corporation Bank GM; G G Mohandas Prabhu, KCCI President and others. Empowerment of women can be achieved through motivating women entrepreneurship, this statement was highlight in a seminar on women entrepreneurship which was organized by the Kanara Chamber of Commerce and Industry (KCCI). With the support of Corporation Bank and knowledge partners ASCENT (Asian Centre for Entrepreneurial Initiatives) and Manipal based Platform for Women Entrepreneurs (POWER), the event was held in Mangalore at the KCCI office.

The major focus of the one-day workshop entitled STRIDES 2011: ‘Opportunities for women in Service and Trading Enterprises,’ was to provide valuable inputs to women entrepreneurs with regard to technology, banking, marketing, finance, etc. ‘Strides 2011’ was inaugurated by Narendra Singh, Executive Director of Corporation Bank.

At the outset GG Mohandas Prabhu, President, KCCI welcomed the gathering, while Vice-President Latha R Kini and Mohammed Ameen Hon. Secretary, KCCI introduced the guests on the dais. Sadhana Kini, President, POWER was the chief guest on the occasion.

Speaking to such an assorted bunch of women entrepreneurs, Narendra Singh opined that women’s empowerment can only become a reality when they become financially independent.

Singh also touched upon the various schemes initiated by Corporation bank to help women entrepreneurs. According to him there were a plethora of opportunities in small and medium scale sector, with the government too announcing various schemes. It is now up to women entrepreneurs to avail of such schemes and move forward, he exhorted.

Key resource person Dr Madhura M Chatrapathy, Trustee Director, ASCENT opined that a data bank on women entrepreneurs was the need of the hour. According to her in the absence of a proper data base it was not possible to bring women entrepreneurs into the mainstream. With regard to industries too, it’s crucial to register it, Chatrapathy advised.

Further she spoke about a large number of women doing good business at the household level who were not in the mainstream. In this context she referred to the case of a female food-joint owner, who made Rs. 20,000 per day, yet didn’t have a bank account nor did she pay tax. It’s imperative to bring this kind of “women entrepreneurs into the mainstream business,” Chartrapathi pointed out.

In his address B N Bhat, Corporation Bank GM spoke about his bank offering loans to lady entrepreneurs in the small enterprises segment. He said they would offer loan-linked savings bank account designed specifically for women entrepreneurs. According to him the bank was ready to offer loans up to Rs. 1 crore that too without security or collateral. This is provided an aspiring entrepreneur can convince them that the project was viable economically and technically. In such cases, he promised to give clearance for loans on the spot.

Further he informed that provision has been made to gather relevant information about the kind of business being envisioned and planned by aspiring and current women entrepreneurs who are participating in the seminar. After another meeting as part of second phase, loans will be disbursed to the aspirants, Bhat added.

Other resource persons to speak at the seminar were Dr S. Sridharan, Dean: Dayanand Sagar Business Academy, Bangalore and Dr. Sunanda Easwaran – Dean Entrepreneurship & Research, WE school, Bangalore. The afternoon session comprised of women achievers sharing their success stories. Among these were Marjorie Texeira of Canam Consultants and Nirmala Kamath of the immensely successful Nirmala Travels.

Speaking on the sidelines of the workshop Lata Kini, KCCI Vice President, informed that over the years the Chamber had organized several interactive meetings and seminars for the benefit of the entrepreneurial class.

However, this seminar meant for women entrepreneurs exclusively, is the first of its kind effort undertaken by the Chamber since its 75 years of inception, she informed. The aim of ‘Strides 2011’ was to basically mobilize all practicing and aspiring women entrepreneurs in the city, as well as motivate them for their betterment and progress in the business arena, she added.

Last Updated ( Tuesday, 12 July 2011 11:25 )  

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