“It was a turning point for me,” said Ruchi Jain, Founder and CEO of Taru Naturals, about her trip to the villages of small-scale farmers in India struggling with the effects of climate change. “I realized that if you want to make a big impact on the world, you have to be grassroots based—it has to be a movement.” Since then, Jain has grown Taru Naturals into a fair-trade network connecting over 10,000 tribal and small-scale organic farmers across India to the resources and training they need to grow climate-resilient crops and markets to sell their products.
Project Kirana is currently training 3,000 women shop owners and managers in the cities of Lucknow and Kanpur, working to optimize business operations and leverage digital and financial tools to improve decision-making, personal agency, and revenue.
"A Aspen Network of Development Entrepreneurs (ANDE) lançou o Fundo Avançado para o Empoderamento das Mulheres (AWEF, na sigla em inglês) em 2019 com o apoio da Visa Foundation e da Agência dos Estados Unidos para o Desenvolvimento Internacional (USAID). O objetivo geral dos projetos financiados pelo AWEF é abordar a lacuna de gênero para financiamento para pequenas empresas em crescimento (SGBs)1 pertencentes a mulheres em economias em desenvolvimento. A primeira rodada de grantmaking, a AWEF Asia, financiou oito organizações de apoio a empreendedores (ESOs) no Camboja, Vietnã, Mianmar, Filipinas, Paquistão e Índia, bem como programas que servem a região como um todo."
"L’Aspen Network of Development Entrepreneurs (ANDE) a lancé l’Advancing Women’s Empowerment Fund (AWEF) en 2019 avec le soutien de la Fondation Visa et de l’Agence Américaine pour le Développement International (USAID). L’objectif global des projets financés par l’AWEF est de combler l’écart de financement entre les sexes pour les petites entreprises en croissance (PEC) tenues par des femmes dans les économies en développement. La première série de subventions, AWEF Asie, a financé huit organisations de soutien aux entrepreneurs (OSE) au Cambodge, Vietnam, Myanmar, Philippines, Pakistan et en Inde, ainsi que des programmes desservant la région dans son ensemble."
"La Red Aspen de Emprendedores para el Desarrollo (ANDE, por sus siglas en inglés) lanzó el Fondo para el Avance del Empoderamiento de las Mujeres (AWEF, por sus siglas en inglés) en 2019 con apoyo de la Fundación Visa y la Agencia de los Estados Unidos para el Desarrollo Internacional (USAID). La meta general de los proyectos fundados por el AWEF es abordar la brecha de género en términos de financiamiento para pequeños negocios en crecimiento (PEC)1 propiedad de mujeres en economías en desarrollo. La primera ronda de entrega de donativos, AWEF Asia, financió a ocho organizaciones de apoyo a emprendedores (OAE) en Camboya, Vietnam, Myanmar, Filipinas, Pakistán e India, así como programas apoyando a la región en su conjunto."
"The Aspen Network of Development Entrepreneurs (ANDE) launched the Advancing Women’s Empowerment Fund (AWEF) in 2019 with support from the Visa Foundation and the United States Agency for International Development (USAID). The overall goal of AWEF-funded projects is to address the gender financing gap for women-owned small and growing businesses (SGBs) in developing economies. The first round of grantmaking, AWEF Asia, funded eight entrepreneur support organizations (ESOs) in Cambodia, Vietnam, Myanmar, the Philippines, Pakistan, and India, as well as programs serving the region as a whole. This report summarizes the lessons learned from these grants."
ANDE is analyzing the promising project data from AWEF Asia projects, which concluded at the end of 2021. One of the early key learnings is that women entrepreneurs who participated in AWEF Asia funded programs reported increased confidence, self-efficacy, financial and investment literacy, and ability to critically evaluate potential investment and financing options.
ANDE spoke to Jona Resphiti of MIT-D-Lab about the organization’s ANDE-funded project under the Advancing Women’s Empowerment Fund to better prepare female founders seeking capital and support investors in bringing more inclusivity to their practices, including impact of the COVID-19 pandemic on the project in India and an upcoming simulation of what it’s like to be a female founder trying to raise $5 million.
"India has been slow to get its act together on climate change and it was only in 2021, at the COP26 summit in Glasgow, that we agreed to pursue a goal of net zero emissions as a country. Private investment is crucial to meeting India’s climate goals and while progress was made this year, this is much more to be done. This report, The State of Climate Finance in India 2022, is our second annual stock-taking of India and its climate action priorities. We review the progress in climate action from an Indian perspective, and focus on what it means for the world of climate finance. We invite readers of this report to draw from the insights and the findings of this report to advance their climate action aims, and also invite you all to reach out to us to connect and engage in mainstream climate finance in India and the region."