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Spherule Foundation, SBI Payments Launch CSR Initiative To Empower 100 Women Entrepreneurs In Pune

By TheCSRUniverse Team Published 09 Dec 2024

Pune, Dec 9, 2024: Pan-India non-profit organization Spherule Foundation and SBI Payment Services Private Limited (SBI Payments) have joined hands to launch an initiative aimed at empowering 100 women entrepreneurs from marginalized communities across the Pune district. This initiative is designed to provide women with the tools, training, and support needed to establish and grow scalable and sustainable small and micro businesses. Ground-level mobilization and participant registration for this project are already in progress.

The program is designed to offer practical learning through comprehensive training on financial management, digital tools, entrepreneurship fundamentals, and business planning. Participants will also benefit from tailored financial assistance and business support to confidently launch or expand their ventures. Ongoing mentorship will be provided by field executives who will monitor progress and offer customized advice to ensure long-term stability and success.

This initiative will also connect women to relevant markets and facilitate access to government schemes, enabling them to explore broader opportunities. To simplify essential processes, the program offers assistance in securing business licenses, e-Shram cards, ABHA cards, and banking tools such as Aadhaar and PAN cards.

Speaking about the initiative, Sujay Kumar Yadav, MD & CEO at SBI Payments, said, “We are honoured to be part of an initiative that uplifts and supports women entrepreneurs. This CSR initiative of ours is not just about providing resources; but it is about breaking barriers and achieving dreams. This collaboration with Spherule Foundation is a testament to our belief in fostering meaningful change in the society that we live in.”

Dr Geeta Bora, Founder and Director of Spherule Foundation, said, “This partnership with SBI Payments is a step towards transforming the entrepreneurial landscape for women in India. Through this project, we’re not only strengthening businesses but also creating pathways for brighter, more independent futures.”

A highlight of the initiative is the Business Presentation event, where participants will pitch their ideas to a panel of experts. This platform showcases entrepreneurial talent while providing opportunities for funding and expert guidance. The program aligns with the United Nations’ Sustainable Development Goals (SDGs) on gender equality, quality education, poverty alleviation, and economic growth, aiming to create lasting community impact by fostering financial independence and resilience among women.

The Business Presentation event, where participants will present their ideas to a panel of experts, is a highlight of the program. In along with offering chances for finance and professional advice, this platform highlights the potential for entrepreneurship. In line with the Sustainable Development Goals (SDGs) of the UN on gender equality, high-quality education, poverty reduction, and economic growth, the program seeks to build women's resilience and financial independence in order to make a long-lasting difference in the society.