WEP and Transunion Cibil to collaborate to enhance financial literacy and business skills of women entrepreneurs

NITI Aayog's Women Entrepreneurship platform and credit bure have collaborated to launch SEHER, a comprehensive credit education program designed to enhance financial literacy and business skills among women entrepreneurs. This initiative is expected to enable women to access the financial tools necessary for business growth and job creation.

According to Udyam Registration Portal (URP) India is home to 63 million micro, small, and medium enterprises (MSMEs), with women owning 20.5% of these businesses, and employing approximately 27 million people. .

With the potential economic impetus in mind, the Women Entrepreneurship Program (WEP) aims to enable an ecosystem for women entrepreneurs in India. WEP is a public-private partnership platform incubated at NITI Aayog and the SEHER programme is part of WEP’s Financing Women Collaborative (FWC), a first-of-its-kind initiative aimed at accelerating access to finance for women entrepreneurs.


TransUnion CIBIL data reveals a significant rise in the demand for business loans by women, which has grown 3.9 times in the last five years (FY 2019 – FY 2024). During this period, the number of women borrowers holding business loans increased by 10%, with women constituting 38% of the 1.5 crore borrowers with live business loans as of March 2024. The portfolio balance for business loans held by women grew at a compound annual growth rate (CAGR) of 35% from March 2019 to March 2024

The SEHER program aims to elevate financial and credit awareness among women entrepreneurs, equipping them with the knowledge to build strong credit histories and better manage their finances.