 "women in work, women business")
A significant number of women-owned micro businesses in India lack savings for financial emergencies, making them highly vulnerable to economic shocks, said a report.
The report titled 'Decoding the Financial Health of Women-Owned Micro-Businesses (wMB) in India' was prepared by MicroSave Consulting (MSC) in collaboration with Sa-Dhan and supported by JPMorgan Chase.
The research covers six regions - Delhi-NCR, Gujarat, Maharashtra, Telangana, Karnataka, and Tamil Nadu - providing data-driven insights and calls for targeted interventions.
Data was collected through 1,460 computer-assisted personal interviews, key informant interviews with financial institutions and enterprise support organisations, and comprehensive desk research.
Interviews with 150 women-owned micro businesses across the six regions revealed insights into their financial decision-making processes, challenges and motivations.
The report indicated that 45 per cent of women entrepreneurs lack savings for financial emergencies, making them highly susceptible to economic shocks.
More From This Section
 "Fintech, Fintech sector")
 "Highway, Road")
 "The Reserve Bank of India (RBI)'s six-member Monetary Policy Committee (MPC) is expected to maintain a status quo for the ninth consecutive policy review, all 10 respondents said in a Business Standard poll. The RBI will announce the policy decisions")
 "electric truck")
Additionally, many face challenges in distinguishing between personal and business finances, which complicates cash flow management and hinders the maintenance of accurate financial records.
It further said 60 per cent of respondents did not maintain any written records for their operations.
Among these, 55 per cent believe separate records are unnecessary due to small profit margins or scale, while others find maintaining records too complex. As a result, they struggle to track business performance and assess financial health.
About 55 per cent of these businesses do not employ any staff and operate as solo ventures, which limits their contribution to job creation and the broader economy.
Autonomy is another significant issue for women microentrepreneurs, with approximately 44.3 per cent relying on their spouses or other family members for business support, highlighting a considerable dependence on external assistance, it said.
The report defined women-owned microbusinesses as those with annual revenues between Rs 1.50 lakh and Rs 9 lakh, employing three individuals.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
 "Rahul Gandhi, Rahul, congress leader")
 "Farmers, Farmer, agriculture")
 "BJP, RSS, Hindutva, Sangh")
 "Female students, School girls")
 "Lok Sabha polls,election,vote,voting,voter")
