INTRODUCING
SRIJAN
Fuel Her Ambition, Spark Transformation
The Srijan Program is Empower Foundation’s tech-leveraged solution aimed at bridging the gap between women micro-entrepreneurs from the informal sector and access to credit for scaling their businesses. We provide Returnable Grants (RGs), a flexible and affordable source of credit for financing the various working capital requirements of micro-entrepreneurs. Srijan utilizes your donation to provide uniform micro-grants of ₹20,000 to program beneficiaries. The disbursal of an RG is followed by a 60-day moratorium period. The repayment of the RG is scheduled across 5 monthly installments and upon full and final repayment, the RG is once again circulated into the program where it is re-allocated to another woman micro-entrepreneur with similar financing needs.
This cyclical design allows an RG to impact 5-7x the number of women when compared to a simple grant or loan. Your contribution to Srijan, regardless of the size of your donation, will have a significant impact on equipping women entrepreneurs with the necessary resources and support to flourish. By opting to support the Srijan program, you are not simply investing in businesses; you are investing in the future of communities, economies, and forthcoming generations.
Come, join us in our goal to provide returnable grants to 1000 businesswomen this year!
Technological
Backing
Srijan is backed by cutting-edge technology in its implementation. Program operations are digitized end-to-end via YOUVATI- a mobile app dedicated to the cause of empowering women micro-entrepreneurs. Youvati supports women entrepreneurs operating in the informal sector by providing a comprehensive suite of services such as-
- Upskilling Opportunities: Youvati conducts certificate courses in the field of beauty & wellness, and regular workshops and seminars on topics including but not limited to the various aspects of establishing, operating, and scaling a business
- Business & Marketing tools: the app promotes digitization of enterprises through boosting digital literacy amongst women micro-entrepreneurs. It offers services like creating a digital identity through a unique portfolio webpage for a business, assistance with setting up WhatsApp Business accounts and registering one’s establishment on Google My Business, designing advertising tools such as business cards & banners, and creating access to online appointment booking and ledger management services, streamlining their business processes;
- Networking Opportunities: Youvati aspires to serve as a platform that facilitates networking amongst women micro-entrepreneurs, mentors, and other industry stakeholders, hence fostering a supportive community. Towards achieving this goal, the app is developing a Community feature.
Through the provision of these service offerings along with the creation of opportunities in procuring finance, Youvati takes form as a women-centric platform aiding livelihood generation through entrepreneurship.
Interested in understanding Returnable Grants better?