The survey was part of the sixth edition of the #WorkingStree report.
IndiaLends surveyed over 10,000 employed women, aged 24-55.
The world celebrated International Women's Day yesterday, March 8. The day celebrates every woman, her achievements and what she is capable of doing. IndiaLends, a money lending company, launched the sixth edition of its annual #WorkingStree report. This year, they conducted a survey on the topic of Women's Entrepreneurship and Investment, with the goal of measuring the percentile of women interested in learning financial skills. Let's take a look at the details of the study. The digital lending company surveyed more than 10,000 employed women, aged between 24 and 55, residing in metropolitan, tier 1 and 2 cities across the country. According to more information, their results showed that almost 76 percent of women expressed their desire to start their own business. While according to another report, 86 percent of women showed interest in learning skills used in fields such as budgeting, investing, saving, and other financial tools.
Ankit Khurana, Head of Marketing, IndiaLends, said, “This increasing economics-related education for women is certainly necessary to deal with the complexities of the economy. This is important for both investors and entrepreneurs.”
Additionally, the survey also delved into the investment practices of working women. The survey results showed that about 69 percent of self-employed women were interested in investing, while only 51 percent of women in other jobs chose to invest. On the other hand, 79 percent of women invested independently and the remaining 21 percent spoke with their spouses or parents. When asked why they avoided investing, 25 percent of women revealed that they were not confident enough, while 29 percent did not have much knowledge of economics.
The #WorkingStree survey revealed that 33.6 percent of participants were between 25 and 34 years old, and 25.6 percent were women between 34 and 44 years old. The youngest of the group, between 18 and 22 years old, represented 22.3 percent, and those 45 years or older represented 18.5 percent of the group.
