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Bharatiya Mahila Bank on Tuesday partnered with unisex hair and beauty salon Naturals, to support banking needs of women who aspire to become entrepreneurs.
This is a part of the initiative to promote economic empowerment in order to leverage women's growth and developments, India’s only women’s bank said in a statement.
As part of this partnership, women with entrepreneurial skills and potential can look forward to setting up a Naturals spa, salon or lounge for which they can avail financial assistance in terms of loans from Bharatiya Mahila Bank, it said.
CK Kumaravel, CEO & Co Founder, Naturals said, “Our objective is to empower women with, resources. Majority of the women who own salons in various parts of the country are from middle class and it is not very easy to get a bank loan to set up various facilities in every outlet. So, this MoU has been signed with the hope that women are given the exposure to explore their entrepreneurial skills”.
Usha Ananthasubramanian, Chairman & Managing Director, Bharatiya Mahila Bank on this occasion added, “This partnership will help aspiring women showcase their hidden talent and unshackle themselves from the worries of investment”.
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