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The "missing middle" of small businesses with Shamina Singh

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Accelerating financial health for garment workers

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Watch leading experts discuss impact data science for good

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Tapping into digital partnerships to build financial resilience

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The garment and textile sector in India employs over 45 million workers, 60% of whom are women. Workers have been paid into accounts since 2017, following the government of India&rsquo;s demonetization drive. However, limited support was provided to workers to use and benefit from their payroll accounts. In fact, research conducted in 2019 found that most workers were withdrawing 100% of their wages on payday. This report shares the impact of HERfinance in four garment factories which demonstrated benefits for both workers and businesses.

BSR HERproject

BSR BSR envisions a world in which everyone can lead a prosperous and dignified life within the boundaries of the Earth’s natural resources.

(partner) BSR HERproject

Asia Pacific

Advancing Digital Financial Inclusion for Garment Workers in India: Impact for Women and Business

Financial inclusion

North America

Middle East & Africa

Europe

Latin American & Caribbean

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AI for social impact

Climate change

Data for good

Digital transformation

Economic development

Financial health

Gender equity

Global development

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Small business