​Women’s Livelihood Bond

  • World Bank, UN Women, and Small Industries Development Bank of India (SIDBI) have joined hands to launch a new social impact bondsexclusively for women, called Women’s Livelihood Bonds (WLBs).
  • It will now enable individual women entrepreneurs in sectors such as agriculture, food processing, services and manufacturing to borrow around Rs.1 lakh to Rs. 1.5 lakh at 13 percent or less per annum.
  • To be raised by SIDBI, the Women’s Livelihood Bonds (WLB) will be unsecured, unlisted bonds and offer an annual coupon of 3 per cent and will have tenure of five years.
  • Women in the states of Bihar, Jharkhand, Madhya Pradesh, Maharashtra, ....
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