Exim Bank, Women on Wings to boost women entrepreneurship in India

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Export-Import Bank of India (Exim Bank), signed a Memorandum of Cooperation (MOC) with Women on Wings, a non-profit organization based in Austerlitz, the Netherlands and working with social enterprises in India with an objective to create one million jobs for women in rural India by 2018. The purpose of the MOC is to identify areas and means of cooperation through which Indian grassroots/social enterprises could be supported to enable them reach international markets. Under the MOC, both Exim Bank and Women on Wings will share their knowledge and connect each other to promising social enterprises for further support, including financial and advisory. The MOC was signed by Mr. David Rasquinha, Executive Director, Exim Bank and Ms. Maria Van der Heijden, Managing Co-Founder, Women on Wings, at a small function held in Mumbai, in the presence of the Honorable Minister for Foreign Trade and Development Cooperation of the Netherlands, Ms. Lilianne Ploumne, who is leading a trade delegation to India. The Honorable Minister opined that investing in a woman implied investing in the whole family and that the MOC was a significant milestone since sharing knowledge and skills is just as important as finance.

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