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MarketPlace: Handwork of India

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MarketPlace: Handwork of India
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A First Bank Account

  1. Home
  2. Our Story
  3. Our Mission in Stories
  4. A First Bank Account

Our Story

  • Our Story
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A FIRST BANK ACCOUNT Lack of access to banking remains a major financial obstacle for low-income women in India. Indeed, when MarketPlace began its financial literacy programs with artisans eight years ago, none of the women had a bank account. Many did not have access to the necessary documents; others lacked the literacy skills to navigate the bank's application process. As a result, they told us, their cash earnings were rarely saved. At our first meetings, we presented the benefits of having a bank account, inviting bank managers to speak as well. We took small groups of women on tours of the bank, and helped resolve paperwork issues. For embroidery artisan Sangeeta Gupta, that community support made all the difference.

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