Title

Living Heritage Approach and Impact of Not-for-profit Banking for Women Entrepreneurs

Standing

Graduate (Masters)

Type of Proposal

Media/Film Presentation

Challenges Theme

Building Viable, Healthy and Safe Communities

Your Location

Windsor

Faculty

Faculty of Science

Faculty Sponsor

NA

Abstract/Description of Original Work

Women entrepreneurs face many grievances especially in developing countries in regard to their business operations, financial instruments, and literacy. Provision of which, can increase their sales and productivity within micro-economies of the tourism industry. Experiences and Learnings from application of UNESCO's (United Nations Educational, Scientific and Cultural Organization) Living Heritage Approach in developing countries such as India suggests that synergies between communities of place, practice and interest results in a resilient business forum for women entrepreneurs in regards to their financial capability, health conditions, bank loans, rent agreements, and overall future financial health. This is showcased in the research through data collection of financial literacy and on-ground initiatives for the education of sanitation and health. Moreover, collaboration with not-for-profit banks providing loans to women entrepreneurs and the scope of increasing productivity in small economies of the tourism industry leads to a healthy next-generation of women oligopolies that collaborate in market segmentation, price-fixing and increasing profits thereby reducing poverty around the vicinity and increase investments in family healthcare and sanitation. The research also points out social biases, patriarchy, and inequalities that women face in their daily lives that make them incapable of inducing entrepreneurial activities, which are suppressed by collective women empowerment groups made within the community.

Special Considerations

This research has been awarded the best research project by an Anant Research Fellow and has been recognized by the Centre for Heritage Management in Ahmedabad, India. It has also been presented in an international conference held by the International Council of Monuments and Sites (ICOMOS) in Ahmedabad University, India.

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Living Heritage Approach and Impact of Not-for-profit Banking for Women Entrepreneurs

Women entrepreneurs face many grievances especially in developing countries in regard to their business operations, financial instruments, and literacy. Provision of which, can increase their sales and productivity within micro-economies of the tourism industry. Experiences and Learnings from application of UNESCO's (United Nations Educational, Scientific and Cultural Organization) Living Heritage Approach in developing countries such as India suggests that synergies between communities of place, practice and interest results in a resilient business forum for women entrepreneurs in regards to their financial capability, health conditions, bank loans, rent agreements, and overall future financial health. This is showcased in the research through data collection of financial literacy and on-ground initiatives for the education of sanitation and health. Moreover, collaboration with not-for-profit banks providing loans to women entrepreneurs and the scope of increasing productivity in small economies of the tourism industry leads to a healthy next-generation of women oligopolies that collaborate in market segmentation, price-fixing and increasing profits thereby reducing poverty around the vicinity and increase investments in family healthcare and sanitation. The research also points out social biases, patriarchy, and inequalities that women face in their daily lives that make them incapable of inducing entrepreneurial activities, which are suppressed by collective women empowerment groups made within the community.