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With Loans, Poor South Asian Women Turn Entrepreneurial.

Authors :
Prystay, Cris
Source :
Wall Street Journal - Eastern Edition. 5/25/2005, Vol. 245 Issue 102, pB1-B2. 2p. 1 Color Photograph.
Publication Year :
2005

Abstract

Focuses on the entrepreneurial efforts of South Asian women. Strategy employed by Hindustan Lever Ltd., Unilever PLC's Indian subsidiary, to reach the market of low-income rural consumers it couldn't reach before; Statistics indicating the value of the rural Indian market to Unilever; Comments from Sharat Dhall, Hindustan Lever's director of new ventures and marketing services, regarding the growth potential from the rural market; Discussion of microcredit in South Asia, a program that offered loans to poor women to help alleviate poverty; Ways in which the women invested the money; Examples of development agencies, such as CARE International, to hook up business enterprises with microcredit clients in an attempt to reach consumers the companies couldn't reach before; Percentage of India's population living in hard-to-reach rural villages.

Details

Language :
English
ISSN :
00999660
Volume :
245
Issue :
102
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
17124484