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Chetna Singha - LiveMint
Source: Chetna Singha - LiveMint

Great time to invest in women entrepreneurs, says Mann Deshi Bank’s Chetna Sinha

This article originally appeared on LiveMint

Chetna Sinha, along with six other women, will co-chair the 48th World Economic Forum (WEF) Annual Meeting to be held at Davos between 23 and 26 January. This is the first time that the WEF panel will have all women co-chairs. Sinha tells us why the panel with all women co-chairs is a historic move at WEF, what she hopes the Indian Prime Minister will hear at Davos and why development of small towns is key for India’s growth.

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I will be bringing the voices of people from the “fractured” part of the world. Everyone knows the statistics about these issues, but how are we going to fix these? What are the solutions? My role here will be to get people to look into this.

The most important thing I would say at Davos, which I hope everyone takes note of, is that India is a nation of entrepreneurs. I would urge the Prime Minister to create a more robust system for entrepreneurs of all types. 

Mann Deshi, along with IFMR Investments, is launching the first Sebi (Securities and Exchange Board of India)-registered fund for women micro- entrepreneurs and I would like to see the Prime Minister create a supportive ecosystem for many such funds to flourish and eventually for mainstream financial institutions to make microenterprise loans as mainstream as microfinance is today.