Grameen Foundation for Social Impact has joined together with Open Network for Digital Commerce to help drive socioeconomic progress and make sure everyone can use digital tools.
This partnership will focus on helping farmer groups, small businesses, self-help groups led by women, and new companies get online solutions to aid their success. By connecting them through smartphones, this partnership will help to increase the opportunities for selling and learning all across the country.
In this blog post, we will explore how the Grameen Foundation’s collaboration with ONDC is empowering women.
What is Grameen Foundation Of Social Impact?
GFSI, working across India under the Indian Companies Act, 1956(now Section 8 of the Indian Companies Act 2023), strives to grow financial skills, farming, and other village jobs for self-help groups. Grameen Foundation has helped nearly 1.3 million people to get financial services with ease.
Focusing more on women in remote areas, it uses new technologies such as smartphones and other innovative tech ideas to connect these people to valuable tools for success. These tools help in learning crop prices, selling hand-made products, learning about loans, and gaining other necessary skills.
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By working closely with tech groups serving farmers, those assisting with money matters, personnel in local administration departments, sellers in busy markets, startup incubators, and creative thinkers, the organization empowers entire communities and their local teams.
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This partnership helps to gather possessions over time, navigate through obstacles, reduce chances of trouble, and increase the power to bounce back when unexpected changes happen.
What is ONDC?
Open Network for Digital Commerce (ONDC) was formed on December 31st, 2021, as a non-profit Section 8 company. This initiative was started by the Department for Promotion of Industry and Internal Trade, which is part of India’s Ministry of Commerce and Industry.
Its goal is to create a system that brings greater choice and ease of access to both buyers and sellers through effective interface features that allow various apps and software to interconnect easily.
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Motive Of Collaboration
The main goal of this partnership between these groups is to make life better for women. By helping more women to use funds and learn about smartphones and computers, and how to start their work, the plan aims to help them do well in the new digital world.
Both organizations aim for every woman to gain from the benefits of the new digital economy. Bharati Joshi, Chief Program Officer of the Grameen Foundation for Social Impact, talked about the big picture to end poverty worldwide. She said the Grameen Foundation works to end poverty by increasing women’s financial opportunities and empowering them.
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The foundation believes in helping people experiencing poverty, especially women, have a good quality of life for themselves and their families. She thinks working with ONDC Network is a natural way to connect people in remote places, giving them a chance to learn new skills and sell their goods to more buyers.
Shireesh Joshi, the Chief Business Officer of ONDC, added that the ONDC Network wants to make a digital world where every woman has an equal chance to earn profit no matter how big or small their work. By breaking down dividing walls, the entity gives power to small groups and women starting their work to thrive in the changing digital world.
Together with the Grameen Foundation for Social Impact, they look forward to sharing the digital world with everyone and ensuring its benefits reach all parts of society.
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How is Collaboration Empowering Women?
Grameen Foundation has been leading the way for many years in helping people experiencing poverty, especially women who do not have enough money or food. Their programs encourage new business for women, help to learn about smartphones and computers, and benefit from financial skills.
In past years, the Grameen Foundation has been thoughtfully considering how to enhance the quality and helpfulness of those who play a crucial role in providing financial assistance to remote locations that need it the most. Grameen Foundation helps to get quick, and affordable digital solutions for women who are unfamiliar with using computers and phones by collaborating with the ONDC Network.
The plan will employ many techniques, such as education, raising awareness of the significance of digital solutions, and simplifying the process of ensuring that everything runs smoothly when new members join the community. There will be numerous opportunities for women entrepreneurs and Women’s self-help groups to succeed through this learning process.
Everyone anticipates that Grameen Foundation and ONDC’s partnership will increase the number of ladies entrepreneurs who can use mobile devices and computers more quickly and assist other team members of their self-help group in improving their lives and businesses. This will be a step in the right direction for promoting gender equality and helping women do business for better revenues.
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Takeaway
By bringing more women and small businesses online, this partnership between the Grameen Foundation and ONDC aims to greatly enhance initiatives to make the digital marketplace accessible to everyone.
Through encouraging digital inclusion, both aim to collaborate in ways that have the potential to significantly improve lives by giving more people access to resources and business loans, enabling women’s communities to flourish. This digital and financial support will ultimately help construct a significantly brighter future for many.
FAQs
- What is the main focus of the Grameen Foundation?
The Grameen Foundation focuses on helping poor communities, especially empowering women through financial education, agriculture skills, and connecting to resources using technology.
- What is ONDC trying to achieve?
ONDC aims to transform India’s digital commerce by making e-commerce platforms accessible across the country through an open network that simplifies interactions between buyers and sellers. This also helps for the development of women entrepreneurship.
- How will the partnership between the Grameen Foundation and ONDC empower women?
By making digital tools more accessible via training on smartphones and computers, this partnership hopes to help women-led groups and businesses thrive in the digital economy through expanded learning and selling opportunities nationwide.