Empowering Women Entrepreneurs: Bridging Financial Gaps in Tier II Cities

A report highlights the challenges and aspirations of women entrepreneurs in Tier II cities. Despite being digitally savvy, they face structural barriers in accessing credit and networks. Initiatives like collateral-free loans are proposed to empower them, aiming to drive economic growth and unlock their potential.

Women entrepreneurs in Tier II and smaller cities are calling for customized financial products to better suit their needs, as nearly a third face challenges accessing credit, according to a report by Tide's Bharat Women Aspiration Index (BWAI) 2025.

Strict collateral requirements and low financial literacy are significant barriers. The report suggests policy changes for alternative credit options such as collateral-free microloans to support the ambitious and digitally savvy women from non-metro areas.

Despite these hurdles, initiatives like Tide's Udaan Chronicles roadshow aim to create meaningful change through expert-led mentoring, promoting women's full potential by addressing grassroots challenges, and boosting visibility and belief in the 'Nari Shakti' spirit.

(With inputs from agencies.)