In a developing country like India, women from underserved communities are often subjected to barriers that limit their abilities to develop skills and entrepreneurial abilities. Why? Because the benefits of growth are uneven. Even in big cities, it’s common to see modern infrastructure on one side and families living under flyovers on the other.
As a result, this also curdles womens' access to economic empowerment and liberation; leaving them in a perpetuating cycle of poverty. Restrictions on education, societal expectations, poor financial capabilities, and a lack of support networks are just some of the key factors that affect a woman’s entrepreneurial potential. As per a report published by the World Economic Forum in 2023, female-owned businesses have an unmet credit gap of more than $11.4 billion.
What this brings to light is that due to the lack of targeted interventions, many women who have rich skills and creative ideas find it difficult to convert them into tangible realities or find meaningful jobs. This continuing inequality in access to essential resources and skill development does more than merely impact individual women; it constrains the overall economic and social growth of communities. Given this, FoundHer was built on the promise to address these systemic obstacles directly! The program looks forward to taking a holistic approach that helps create opportunities for disadvantaged women to build on their talents, cultivate an economic mindset and eventually convert their learnings into job successes of their own.